Nike Financial Statement

NIKE, INC. coalesced STATEMENTS OF INCOME grade finish may 31, 2001 2000 1999 (in millions, demur per image data) Revenues terceIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII be and disbursals woo of gross sales IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII selling and administrative IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII bet outlay (Notes 4 and 5) IIIIIIIIIIIIIIIIIIIIIIIIIIIII new(prenominal) income/ outlay, shed light on (Notes 1, 10 and 11) IIIIIIIIIIIIIIII Restructuring charge, sack (Note 13)IIIIIIIIIIIIIIIIIIIIIIIIIII sum up cost and expenses IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income forwards income revenuees IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income measurees (Note 6) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII clear income IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII prefatorial requital per roughhewn take (Notes 1 and 9) IIIIIIIIIIIIIIII reduce scratch per greens land allocate (Notes 1 and 9)IIIIIIIIIIIIIII $9,488. 8 $8,995. 1 $8,77 6. 9 5,784. 9 2,689. 7 58. 7 34. 2 (. 1) 8,567. 4 921. 4 331. 7 $ 589. 7 $ 2. 18 $ 2. 16 5,403. 8 2,606. 4 45. 0 23. 2 (2. 5) 8,075. 9 919. 2 340. 1 $ 579. 1 $ 2. 10 $ 2. 07 5,493. 5 2,426. 6 44. 1 21. 5 45. 1 8,030. 8 746. 1 294. 7 $ 451. 4 $ 1. 59 $ 1. 57 The sequential notes to unify Nnancial statements ar an implicit in(p) dowry of this statement. 24 NIKE, INC. unify remainder SHEETS ASSETS may 31, 2001 2000 (in millions) incumbent Assets re-sentencing and equivalents IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Accounts due, less(prenominal) allow for in question(p) accounts of $72. 1 and $65. IIII Inventories (Note 2) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Deferred income revenuees (Notes 1 and 6) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII pre pay expenses (Note 1) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII correspond veritable assets IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Property, define and equipment, meshwork (Note 3)IIIIIIIIIIIII IIIIIIIIIIIIIIIIIIII IdentiNable intangible assets and goodwill, fire (Note 1) IIIIIIIIIIIIIIIIIIIIIII Deferred income levyes and early(a) assets (Notes 1 and 6)IIIIIIIIIIIIIIIIIIIIIII score assets IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII $ 304. 0 1,621. 4 1,424. 1 113. 3 162. 5 3,625. 3 1,618. 8 397. 3 178. 2 $5,819. 6 $ 254. 3 1,569. 4 1,446. 0 111. 5 215. 2 3,596. 4 1,583. 4 410. 9 266. 2 $5,856. 9 $ $ 0. 2 2. 6 459. 4 (9. 9) (152. 1) 3,194. 3 3,494. 5 $5,819. 6 0. 2 2. 6 369. 0 (11. 7) (111. 1) 2,887. 0 3,136. 0 $5,856. 9 LIABILITIES AND SHAREHOLDERS truth underway Liabilities certain(p) destiny of long debt (Note 5) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Notes collectible (Note 4) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Accounts due (Note 4) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII accumulated liabilities IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income taxes collectible IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII get real l iabilities IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII long debt (Notes 5 and 14)IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Deferred income taxes and opposite(a)(a) liabilities (Notes 1 and 6) IIIIIIIIIIIIIIIIIIII Commitments and contingencies (Notes 12 and 15) IIIIIIIIIIIIIIIIIIIIIIIIII redeemable like straining (Note 7) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Sh beholders virtue crude note at tell survey (Note 8) menage A translatable I 99. 1 and 99. sh ares outstandingIIIIIIIIIIIIIIIIIIII conformation B I 169. 5 and 170. 4 shares outstandingIIIIIIIIIIIIIIIIIIIIIIIIIIII outstanding in bare of state take account IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII honorary line of reasoning salary IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII stash away former(a) encyclopaedic incomeIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII hold earningsIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII make sense shareholders right IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII add up liabil ities and shareholders justness IIIIIIIIIIIIIIIIIIIIIIIIIIIII 5. 4 855. 3 432. 0 472. 1 21. 9 1,786. 7 435. 9 102. 2 I 0. 3 50. 1 924. 2 543. 8 621. 9 I 2,140. 0 470. 3 110. 3 I 0. 3The nonessential notes to merge Nnancial statements are an total cave in of this statement. 25 NIKE, INC. f utilize STATEMENTS OF hard capital FLOWS 2001 bills provided ( utilise) by trading trading operations scratch income IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income charges not aAecting bills DepreciationIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Non- specie muckle of restructuring chargeIIIIIIIIIIIIIIIIIIIIIIIII Deferred income taxes IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII amortization and some other(a)wise IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income tax beneNt from apply of parentage options IIIIIIIIIIIIIIIIIII Changes in certain operative keen components attach) abate in accounts receivable IIIIIIIIIIIIIIIIIIIIIII ( annex) step-down in inventories III IIIIIIIIIIIIIIIIIIIIIIIIIII ebb in other authorized assets and income taxes receivableIIIIIIII (Decrease) ontogenesis in accounts collectible, accumulated liabilities and income taxes collectible IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII funds provided by operations IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII coin provided (used) by sp give the axe activities Additions to property, build and equipmentIIIIIIIIIIIIIIIIIIIIIIIII Disposals of property, specify and equipment IIIIIIIIIIIIIIIIIIIIIIIII Increase in other assets IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Increase in other liabilitiesIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII specie used by investment activitiesIIIIIIIIIIIIIIIIIIIIIIIIIIIIII capital provided (used) by Nnancing activitiesReductions in long-run debt including flow portionIIIIIIIIIIIIIII (Decrease) add-on in notes payable IIIIIIIIIIIIIIIIIIIIIIIIIIIIII replication from physical exertion of crease options IIIIIIIIIIIIIIIIIIIIIIIIIIII salvation of bloodline I IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Dividends I common and preferredIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII money used by Nnancing activities IIIIIIIIIIIIIIIIIIIIIIIIIIIII EAect of exchange invest changes on hard cash IIIIIIIIIIIIIIIIIIIIIIIIIII remuneration subjoin in cash and equivalents IIIIIIIIIIIIIIIIIIIIIIIIII immediate payment and equivalents, inauguration of social class IIIIIIIIIIIIIIIIIIIIIIIIIII silver and equivalents, end of courseIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII supplemental revelation of cash Oow tuition capital paid during the year for use up IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income taxes IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Non-cash commit and Nnancing application trust of long-term debt to cause property, make up and equipment III course of instruction stop whitethorn 31, 2000 (in millions) 1999 $ 589. 7 $ 579. 1 $ 451. 4 197. 4 I 79. 8 16. 7 32. 4 188. 0 I 36. 8 35. 6 14. 9 198. 2 28. 0 37. 9 30. 6 33. 4 (141. 4 ) (16. 7) 78. 0 (82. 6) (311. 8) 61. 2 114. 4 214. 4 24. 2 (179. 4) 656. 5 178. 4 699. 6 (191. 1) 941. 4 (317. 6) 12. 7 (42. 5) 5. 1 (342. 3) (419. 9) 25. 3 (51. 3) 5. 9 (440. 0) (384. 1) 27. 2 (60. 8) 1. 2 (416. 5) (50. 3) (68. 9) 56. 0 (157. 0) (129. 7) (349. 9) 85. 4 49. 7 254. 3 $ 304. 0 (1. 7) 505. 1 23. 9 (646. 3) (133. 1) (252. 1) 48. 7 56. 2 198. 1 $ 254. 3 (1. 5) (61. 0) 54. 4 (299. 8) (136. 2) (444. 1) 8. 7 89. 5 108. 6 $ 198. 1 $ $ $ 68. 5 173. 1I 45. 0 221. 1 47. 1 231. 9 $ 108. 9 The incident notes to amalgamated Nnancial statements are an total division of this statement. 26 I NIKE, INC. unite STATEMENTS OF SHAREHOLDERS lawfulness everyday sprout frame A branch B Shares measuring stick Shares come counterbalance at whitethorn 31, 1998 IIIIIIIIIIIII impart options exercised IIIIIIIIIIIIIII passage to assort B cat valium form II buyback of course of action B roughhewn descentII Dividends on roughhewn caudex IIIIIIIIII ecumenical income dismiss i ncome IIIIIIIIIIIIIIIIIIIIIII extraneous money exposition (net of tax expense of $0. 4)IIIIIIIIIIIIII all-encompassing income IIIIIIIIIIIIIII proportion at whitethorn 31, 1999 IIIIIIIIIIIII wrinkle options exercised IIIIIIIIIIIIIII transformation to category B joint credit line II repurchase of carve up B roughhewn dribbleII Dividends on greens dividing line IIIIIIIIII emergence of shares to employees IIIIIIII amortisation of honorary hire IIIIIIIIIIIIIIIIIIIII broad income assoil income IIIIIIIIIIIIIIIIIIIIIII irrelevant silver rendition (net of tax expense of $1. 2)IIIIIIIIIIIIII statewide income IIIIIIIIIIIIIII offset at whitethorn 31, 2000 IIIIIIIIIIIII pedigree options exercised IIIIIIIIIIIIIII variety to sept B commonality Stock II buy back of chassis B uncouth StockII Dividends on ballpark Stock IIIIIIIIII effect of shares to employees IIIIIIIIAmortization of unearned compensation IIIIIIIIIIIIIIIIIIIII sacrifice of shares from employees IIII comprehensive income crystallize income IIIIIIIIIIIIIIIIIIIIIII contradictory currency exposition and other (net of tax beneNt of $0. 2) IIIIIIII house-to-house income IIIIIIIIIIIIIII oddment at whitethorn 31, 2001 IIIIIIIIIIIII 101. 5 $0. 2 (0. 8) 185. 5 2. 7 0. 8 (7. 4) $ 2. 7 uppercase in wastefulness of unearned stated Stock respect requital (in millions) $262. 5 80. 5 $ I store different broad Income bear win $ (47. 2) $3,043. 4 $3,261. 6 80. 5 0. 2 (1. 5) 181. 6 1. 3 1. 5 (14. 5) 2. 7 334. 1 38. 7 (0. 1) (292. 7) (135. 6) (17. 3) 0. 5 13. 5 I (21. ) (21. 7) (68. 9) (301. 6) (135. 6) 451. 4 100. 7 (8. 9) sum total 451. 4 451. 4 3,066. 5 (627. 1) (131. 5) (13. 5) 1. 8 0. 2 (0. 1) 170. 4 2. 9 0. 1 (4. 0) 2. 6 369. 0 91. 0 (11. 7) (42. 2) (42. 2) (111. 1) (4. 8) 0. 1 6. 7 (6. 7) (2. 5) 7. 3 1. 2 (42. 2) 536. 9 3,136. 0 91. 0 I (152. 2) (157. 0) (129. 6) (129. 6) I (0. 6) $0. 2 169. 5 $ 2. 6 $459. 4 $ (9. 9) (41. 0) (41. 0) $(152. 1) 589. 7 $3,194. 3 The incident n otes to amalgamate Nnancial statements are an intrinsical part of this statement. 27 579. 1 579. 1 2,887. 0 589. 7 99. 1 (644. 5) (131. 5) I 1. 8 579. 1 99. 2 (21. 7) 429. 7 3,334. 6 38. 7 7. 3 (1. 9) 589. 7 (41. 0) 548. 7 $3,494. 5