Accenture (ACN) FY2012 results: revenue $29.8 billion, up 8.9% on the year
Accenture plc (ACN) reported revenue of $29.8 billion for fiscal 2012, the year ended 31 August 2012, up 8.9% on the year before. Net income was $2.6 billion, up 12.1%, and diluted earnings per share $3.84. The figures are the company's own, from the 10-K it filed with the SEC on 30 October 2012.
Revenue
$29.8 billion
+8.9% on the year
FY2008FY2012
Operating margin
13.0%
12.7% a year earlier
FY2008FY2012
Net income
$2.6 billion
+12.1% on the year
FY2008FY2012
Diluted EPS
$3.84
+12.9% on the year
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
29,778
27,353
23,094
+8.9%
Cost of revenue
20,790
18,966
15,843
+9.6%
Gross profit
8,988
8,387
7,251
+7.2%
Gross margin
30.2%
30.7%
31.4%
Research and development
560
482
377
+16.1%
Operating income
3,872
3,470
2,915
+11.6%
Operating margin
13.0%
12.7%
12.6%
Interest expense
15.1
15.0
14.7
+0.4%
Pre-tax income
3,904
3,512
2,914
+11.2%
Income tax
1,079
959
854
+12.6%
Effective tax rate
27.6%
27.3%
29.3%
Net income
2,554
2,278
1,781
+12.1%
Net margin
8.6%
8.3%
7.7%
Diluted EPS
$3.84
$3.40
$2.66
+12.9%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
4,257
3,442
3,092
+23.7%
Capital expenditure
372
404
238
-7.9%
Free cash flow
3,885
3,038
2,853
+27.9%
Free cash flow margin
13.0%
11.1%
12.4%
Cash from investing
-535
-703
-274
Cash from financing
-2,559
-2,122
-2,429
Depreciation and amortisation
594
513
475
+15.6%
Share-based compensation
538
450
426
+19.5%
Buybacks
2,099
2,172
2,071
-3.4%
Dividends paid
951
644
824
+47.7%
Dividend per share
$1.35
$0.90
$1.12
+50.0%
Diluted shares, weighted
726m
742m
766m
-2.1%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
4,146
3,879
2,836
+6.9%
Non-controlling interest
479
472
439
+1.4%
Debt
0.0
4.4
1.4
-99.5%
Other liabilities
12,041
11,376
9,559
+5.8%
Total liabilities and equity
16,665
15,732
12,835
+5.9%
Fixed assets
779
785
660
-0.7%
Goodwill
1,215
1,132
841
+7.4%
Investments
30.4
45.3
44.0
-32.8%
Cash and equivalents
6,641
5,701
4,838
+16.5%
Receivables
3,081
3,236
2,535
-4.8%
Other assets
4,919
4,832
3,918
+1.8%
Total assets
16,665
15,732
12,835
+5.9%
10-K for the year ended 31 August 2012, filed 30 October 2012: the filing.