2. Taylor Wiley
Liquidity
Current Assets 15176.00
Current Liabilities 13292.00
Working Capital 1884.00
Current Assets 15176.00
Current Liabilities 13292.00
Current Ratio 1.14
Cash Provided by Operations 9780.00
End Current Liabilities 13292.00
Beginning Current Liabilities 11704.00
Average Current Liabilities 12498.00
Current Cash Debt Coverage
Ratio 0.78
Net Credit Sales 8004.00
End Net Recivables 7822.00
Start Net Recivables 6967.00
Average Net Recivables 7394.50
Receivables Turnover Rate 1.08
Year 365.00
Receivables Turnover Rate 1.08
Average Collection Period 337.96
Solvency
Total Liabilities 39228.00
Total Assets 84186.00
Debt to Total Assets Ratio 0.47
Cash Provided by Operations 9780.00
End Total Liabilities 39228.00
Start Total Liabilities 35812.00
Average Total Liabilites 1708.00
Cash Debt Coverage Ratio 5.73
Profitability
Net Income 8004.00
Preferred Stock Dividends 1508.00
Average Common Shares
Outstanding 2800000000.00
Earnings Per Share (EPS) 0.00057
Stock Price Per Share 100.00
Earnings Per Share 4.31
Price-Earnings Ratio 23.20
Gross Profit 12246.00
Net Sales 48813.00
Gross Profit Ratio 0.25
Net Income 8004.00
Net Sales 48813.00
Profit Margin Ratio 0.16
Net Income 8004.00
End Total Liabilities 39228.00
Start Total Liabilities 35812.00
Average Total Liabilites 1708.00
Return on Assets Ratio 4.69
Net Income 8004.00
End Total Assets 84186.00
Start Total Assets 81241.00
Average Total Assets 82713.50
Asset Turnover Ratio 0.10
3. Taylor Wiley
VA I/S
I/S ACG
AMT (in $
Millions)
FINAL
TOTAL
(%)
Total revenues 48,813.00 100.0%
Revenues:
Services 40,346.00 82.7%
Revenues:
Products 8,567.00 17.6%
Cost of services
(exclusive of
depreciation and
amortization) (21,356.00) (43.8% )
Cost of products
(exclusive of
depreciation and
amortization) (5,064.00) (10.4% )
Selling, general,
administrative
and other (8,565.00) (17.5% )
Depreciation and
amortization (2,288.00) (4.7% )
Total costs and
expenses (37,273.00) (76.4% )
Restructuring and
impairment
charges (140.00) (0.3% )
Other
income/(expense),
net (31.00) (0.1% )
Interest
income/(expense),
net 23.00 0.0%
Equity in the
income of
investees 854.00 1.7%
Income before
income taxes 12,246.00 25.1%
Income taxes (4,242.00) (8.7% )
Net income 8,004.00 16.4%
Less: Net income
attributable to
non-controlling
interests (503.00) (1.0% )
Net income
attributable to
The Walt Disney
Company
(Disney) 7,501.00 15.4%
Diluted 1,759.00 3.6%
Basic 1,740.00 3.6%
4. Taylor Wiley
VA B/S
B/S ACG AMT (in
$ Millions)
FINAL
TOTAL
(%)
FINAL
TOTAL
(%)
B/S ACG AMT (in
$ Millions)
Saturday,
September 27, 2014
Cash and cash
equivalents 3,421.00 4% 9% 7,595.00
Accounts payable and other
accrued liabilities
Account
Receivables 7,822.00 9% 3% 2,164.00 Current portions of borrowings
Inventories 1,574.00 2% 4% 3,533.00
Unearned royalties and other
advances
Television costs and
advances 1,061.00 1% 15% 12,676.00 Borrowings
Deferred income
taxes 497.00 1% 5% 4,098.00 Deferred income taxes
Current assets,other 801.00 1% 7% 5,942.00 Other long-term liabilities
Film and television
costs 5,325.00 6% 0% - Preferred stock,$.01 par value*
Investments 2,696.00 3% 41% 34,301.00
Common stock, $.01 par
value**
Parks,resorts and
other property:
Attractions,
buildings and
equipment 42,263.00 50% 64% 53,734.00 Retained earnings
Accumulated
Depreciation (23,722.00) (28%) (2%) (1,968.00)
Accumulated other
comprehensive loss
Projects in progress 3,553.00 4% (49%) (41,109.00) Treasury stock***
Land 1,238.00 1% 53% 44,958.00
Total Disney Shareholders'
equity
Intangible assets,net 7,434.00 9% 4% 3,220.00 Noncontrolling interests
Goodwill 27,881.00 33% 57% 48,178.00 Total equity
Other assets 2,342.00 3% 16% 13,292.00 Total current liabilities
Total current Assets 15,176.00 18%
100% 84,186.00 Total liabilities and equity
Total Assets/
Liabilities 84,186.00 100%
Notes * = Authroized - 100 million shares,Issued - none
** = Authorized - 4.6 billion shares,Issued - 2.8 billion shares
*** = at cost, 1.1 billion shares at September 27, 2014
5. Taylor Wiley
HA I/S Begin Date: Saturday, September 28, 2013 End Date:
Saturday,
September
27, 2014
ACCOUNT NAME
BEGIN
BALANCE
(in $
Millions)
END BALANCE (in $
Millions)
Change in Balance % of Change
Revenues: Services 37,280.00 40,246.00 2,996.00 8%
Revenues: Products 7,761.00 8,567.00 806.00 10%
Costs of services* (20,090.00) (21,356.00) (1,266.00) 6%
Cost of products* (4,944.00) (5,064.00) (120.00) 2%
Selling, general, administrative and other (8,365.00) (8,565.00) (200.00) 2%
Depreciation and amortization (2,192.00) (2,288.00) (96.00) 4%
Restructuring and impairment charges (214.00) (140.00) 74.00 0%
Other income/(expense), net (69.00) (31.00) 38.00 -55%
Interest income/(expense), net (235.00) 23.00 258.00 -110%
Equity in the income of investees 688.00 854.00 166.00 24%
Income before income taxes 9,620.00 12,246.00 2,626.00 27%
Income taxes (2,984.00) (4,242.00) (1,288.00) 42%
Less: Net income attributable to
noncontrolling interests (500.00) (503.00) (3.00) 1%
Net income attributableto TheWalt Disney
Company (Disney) 6,136.00 7,501.00 1,365.00 22%
Diluted** 3.38 4.26 0.88 26%
Basic** 3.42 4.31 0.89 26%
Diluted*** 1,813.00 1,759.00 (54.00) -3%
Basic*** 1,792.00 1,740.00 (52.00) -3%
Totalrevenues 45,041.00 48,813.00 3,772.00 8%
Totalcosts and expenses (35,591.00) (37,273.00) (1,682.00) 5%
Net Income 6,636.00 8,004.00 1,368.00 21%
Notes
*= (exclusive of depreciation and amortization)
** = Earnings per share attributable to Disney:
*** = Weighted average number of common and common equivalent shares
outstanding
6. Taylor Wiley
HA B/S Begin Date:
Saturday,
September
28, 2013 EndDate:
Saturday,
September
27, 2014
ACCOUNT
NAME
BEGIN
BALANCE
(in $
Millions)
END
BALANCE
(in $
Millions)
Change in
Balance
% of
Change
Accounts
payableand
other accrued
liabilities 6803.00 7595.00 792.00 12%
Current portion
of borrowings 1512.00 2164.00 652.00 43%
Unearned
royalties and
other advances 3389.00 3533.00 144.00 4%
Borrowings 12776.00 12676.00 (100.00) (1%)
Deferred
income taxes 4050.00 4098.00 48.00 1%
Other long-term
liabilities 4561.00 5942.00 1381.00 30%
Preferred
Stock* 0.00 0.00 0.00 0%
Common
Stock** 33440.00 34301.00 861.00 3%
Retained
earnings 47758.00 53734.00 5976.00 13%
Accumulated
other
comprehensive
loss (1187.00) (1968.00) (781.00) 66%
Treasury
stock*** (34582.00) (41109.00) (6527.00) 19%
TotalDisney
Shareholders'
equity 45429.00 44958.00 (471.00) (1%)
Noncontrolling
interests 2721.00 3220.00 499.00 18%
Totalcurrent
liabilities 11704.00 13292.00 1588.00 14%
Totalequity 48150.00 48178.00 28.00 0%
Totalliabilities
and equity 81241.00 84186.00 2945.00 4%
HA B/S Begin Date:
Saturday,
September
28, 2013 EndDate:
Saturday,
September
27, 2014
ACCOUNT
NAME
BEGIN
BALANCE (
in $ Millions)
END
BALANCE
(in $
Millions)
Change in
Balance
% of
Change
Cash and
cash
equivalents 3931.00 3421.00 (510.00) (13%)
Accounts
Receivables 6967.00 7822.00 855.00 12%
Inventories 1487.00 1574.00 87.00 6%
Television
costs and
advances 634.00 1061.00 427.00 67%
Deferred
income taxes 485.00 497.00 12.00 2%
Other current
assets 605.00 801.00 196.00 32%
Film and
television
costs 4783.00 5325.00 542.00 11%
Investments 2849.00 2696.00 (153.00) (5%)
Attractions,
buildings and
equipment 41192.00 42263.00 1071.00 3%
Accumulated
depreciation (22459.00) (23722.00) (1263.00) 6%
Projects in
progress 2476.00 3553.00 1077.00 43%
Land 1171.00 1238.00 67.00 6%
Intangible
assets, net 7370.00 7434.00 64.00 1%
Goodwill 27324.00 27881.00 557.00 2%
Other assets 2426.00 2342.00 (84.00) (3%)
Totalcurrent
assets 14109.00 15176.00 1067.00 8%
Totalassets 81241.00 84186.00 2945.00 4%
7. Taylor Wiley
Balance Sheet Horizontal Analysis Graphs
Cash and cash
equivalents
Accounts
Receivables
Inventories
$3,931.00 6,967.00
1,487.00
$3,421.00
7,822.00
1,574.00
CASH, ACCOUNTS
RECIEVABLES,AND
INVENTORIES
BEGIN BALANCE ( in $ Millions) END BALANCE (in $ Millions)
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
33,440.00
34,301.00
47,758.00
53,734.00
COMMONSTOCK AND
RETAINED EARNINGS
Common Stock** Retained earnings
BEGIN BALANCE ( in $
Millions)
END BALANCE (in $
Millions)
14,109.00
15,176.00
TOTAL CURRENT ASSETS
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
81,241.00
84,186.00
TOTAL LIABILITIES AND
EQUITY
BEGIN BALANCE ( in $
Millions)
END BALANCE (in $
Millions)
27,324.00
27,881.00
GOODWILL
BEGIN BALANCE ( in $
Millions)
END BALANCE (in $
Millions)
41,192.00
42,263.00
ATTRACTIONS, BUILDINGS
AND EQUIPMENT
8. Taylor Wiley
Income Statement Horizontal Analysis Graphs
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
$37,280.00
$40,246.00
7,761.00 8,567.00
REVENUES:SERVICES &
PRODUCTS
Revenues: Services Revenues: Products
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
45,041.00
48,813.00
TOTAL REVENUES
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
(4,944.00) (5,064.00)
COST OF SERVICES &
PRODUCTS
SOLD
Costs of services* Cost of products*
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
(35,591.00)
(37,273.00)
TOTAL COSTS AND EXPENSES
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
6,636.00
8,004.00
NET INCOME
BEGIN BALANCE (in $
Millions)
END BALANCE (in $
Millions)
3.38
4.26
3.42
4.31
EARNINGS PER SHARE
ATTRIBUTABLE TO DISNEY
Diluted** Basic**