Microsoft financial statement helps us to know about the financial condition and financial results of Microsoft corporation on any date or for an accounting period. Microsoft financial statement reveals that in 2006, Microsoft earned a revenue of US$44,282 million.
The primary activities of Microsoft corporation is to develop, manufacture, license, and support a wide array of software products for various computing devices. Microsoft financial statement comprises Balance Sheet, Income Statement, Statement of retained earnings and Statement of cash flows.
Objective
In fiscal year 2007, the company expects to attain double digit revenue growth. Microsoft also expects that it will be able to attain the worldwide server unit shipments growth rate by 12 % in fiscal year 2007.
Income statements(In millions)
Items(Year Ended June 30 ) |
2004 |
2005 |
2006 |
Revenue |
US$36,835 |
US$39,788 |
US$44,282 |
Total operating expenses |
27,801 |
25,227 |
27,810 |
Net income |
US$8,168 |
US$12,254 |
US$12,599 |
The income statement reveals that in fiscal year 2006, Microsoft achieved the maximum revenue.
Balance Sheets (In millions): June 30
Items |
2005 |
2006 |
Total current assets |
48,737 |
49,010 |
Equity and other investments |
11,004 |
9,232 |
Total assets |
US$70,815 |
US$69,597 |
Income taxes |
2,020 |
1,557 |
The balance sheet of Microsoft corporation reveals that in fiscal year 2006, the total amount of total assets declined (US$69,597 million).
Cash Flow (In millions)
Items(Year Ended June 30 ) |
2004 |
2005 |
2006 |
Net income (Operations) |
US$8,168 |
US$12,254 |
US$12,599 |
Stock-based compensation |
5,734 |
2,448 |
1,715 |
Net cash from operations |
14,626 |
16,605 |
14,404 |
Net cash used for financing |
(2,364) |
(41,078) |
(20,562) |
Net cash from (used in) investing |
(3,342) |
15,027 |
8,003 |
Cash and equivalents, end of period |
US$14,304 |
US$4,851 |
US$6,714 |
The cash flow statement of Microsoft corporation reveals that in the fiscal year 2006, total net income was maximum (US$12,599).
Stockholders' equity statements(In millions)
Items (year ended June 30) |
2004 |
2005 |
2006 |
Balance, beginning of period |
US$49,234 |
US$56,396 |
US$60,413 |
Common stock issued |
2,815 |
3,223 |
1,939 |
Balance, end of period (common stock and paid-in capital) |
56,396 |
60,413 |
59,005 |
Total stockholders' equity |
US$74,825 |
US$48,115 |
US$40,104 |
The stockholders' equity statement of Microsoft corporation reveals that in 2006, total balance was maximum (US$60,413).