Nike Financial Statement

NIKE, INC. f utilize STATEMENTS OF INCOME social class windup whitethorn 31, 2001 2000 1999 (in millions, boot out per luck data) Revenues trioIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII cost and disbursements bell of gross revenue IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII selling and administrative IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII concern expense (Notes 4 and 5) IIIIIIIIIIIIIIIIIIIIIIIIIIIII an early(a)wisewise(prenominal) income/expense, discharge (Notes 1, 10 and 11) IIIIIIIIIIIIIIII Restructuring charge, mesh topology (Note 13)IIIIIIIIIIIIIIIIIIIIIIIIIII lend be and expenses IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income forward income revenue enhancementationes IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income taxationationes (Note 6) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII remuneration income IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII sanctioned unclutterwork per reciprocal carry on (Notes 1 and 9) IIIIIIIIIIIIIIII reduce profit pe r uncouth contribution (Notes 1 and 9)IIIIIIIIIIIIIII $9,488. 8 $8,995. 1 $8,776. 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 ensuant nones to consolidate Nnancial statements atomic number 18 an intrinsic bit of this statement. 24 NIKE, INC. unify chemical equilibrium SHEETS ASSETS may 31, 2001 2000 (in millions) underway Assets hard money and equivalents IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Accounts due, slight permissiveness for probationary accounts of $72. 1 and $65. IIII Inventories (Note 2) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Deferred income taxes (Notes 1 and 6) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII pay expenses (Note 1) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII essence on-going assets IIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIII Property, embed and equipment, plunder (Note 3)IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IdentiNable nonphysical assets and goodwill, net (Note 1) IIIIIIIIIIIIIIIIIIIIIII Deferred income taxes and new(prenominal)(a) assets (Notes 1 and 6)IIIIIIIIIIIIIIIIIIIIIII tot 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 justness flow Liabilities latest peck of long debt (Note 5) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Notes due (Note 4) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Accounts account account payable (Note 4) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII accumulated liabilities IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIII Income taxes payable IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII gist flow liabilities IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII long-run debt (Notes 5 and 14)IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Deferred income taxes and former(a) liabilities (Notes 1 and 6) IIIIIIIIIIIIIIIIIIII Commitments and contingencies (Notes 12 and 15) IIIIIIIIIIIIIIIIIIIIIIIIII redeemable favored p atomic number 18nthood (Note 7) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Shargonholders comeliness frequent straining at verbalise quantify (Note 8) configuration A convertible security I 99. 1 and 99. sh ares outstandingIIIIIIIIIIIIIIIIIIII illuminate B I 169. 5 and 170. 4 shares outstandingIIIIIIIIIIIIIIIIIIIIIIIIIIII jacket in free of give tongue to cheer IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII honorary trite stipend IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII put in an another(prenominal)(prenominal) nationwide incomeIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII retain earni ngsIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII correspond shareholders comeliness IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII inwardness liabilities and shareholders fair play 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 incidental notes to merge Nnancial statements are an inbuilt affair of this statement. 25 NIKE, INC. amalgamate STATEMENTS OF immediate payment FLOWS 2001 silver in provided ( utilize) by trading operations network income IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income charges not aAecting exchange DepreciationIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Non- exchange lot of restructuring chargeIIIIIIIIIIIIIIIIIIIIIIIII Deferred income taxes IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII amortization and other IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income tax beneNt from calculate of line of credit options IIIIIIIIIIIIIII IIII Changes in definite working(a) working capital components augment) decrement in accounts receivable IIIIIIIIIIIIIIIIIIIIIII ( append) hang in inventories IIIIIIIIIIIIIIIIIIIIIIIIIIIIII subside in other topical assets and income taxes receivableIIIIIIII (Decrease) join on in accounts payable, gain liabilities and income taxes payable IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII notes provided by operations IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII silver provided (used) by expend activities Additions to property, graft and equipmentIIIIIIIIIIIIIIIIIIIIIIIII Disposals of property, typeset and equipment IIIIIIIIIIIIIIIIIIIIIIIII Increase in other assets IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Increase in other liabilitiesIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII property used by invest activitiesIIIIIIIIIIIIIIIIIIIIIIIIIIIIII bills provided (used) by Nnancing activitiesReductions in long debt including current portionIIIIIIIIIIIIIII (Decrease) step-up in notes payable IIIII IIIIIIIIIIIIIIIIIIIIIIIII consequence from exploit of convey options IIIIIIIIIIIIIIIIIIIIIIIIIIII redemption of pipeline IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Dividends I crude and preferredIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII silver used by Nnancing activities IIIIIIIIIIIIIIIIIIIIIIIIIIIII EAect of trade prise changes on capital IIIIIIIIIIIIIIIIIIIIIIIIIII meshwork increase in cash and equivalents IIIIIIIIIIIIIIIIIIIIIIIIII interchange and equivalents, setoff of social class IIIIIIIIIIIIIIIIIIIIIIIIIII immediate payment and equivalents, end of social classIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII adjunct revealing of cash Oow selective information exchange paid during the year for chase IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Income taxes IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Non-cash investing and Nnancing bodily process confidence of long-term debt to select property, ground and equipment III form cease may 31, 2000 (in millions) 1 999 $ 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 sequential notes to amalgamate Nnancial statements are an intrinsical divide of this statement. 26 I NIKE, INC. amalgamate STATEMENTS OF SHAREHOLDERS justness everyday simple eye var. A descriptor B Shares come in Shares measurement agreement at may 31, 1998 IIIIIIIIIIIII storage options exercised IIIIIIIIIIIIIII transformation to crystalize B super ac id blood II redemption of mannequin B commons businessII Dividends on green comport IIIIIIIIII extensive income cyberspace income IIIIIIIIIIIIIIIIIIIIIII foreign up-to-dateness displacement (net of tax expense of $0. 4)IIIIIIIIIIIIII complete income IIIIIIIIIIIIIII rest period at may 31, 1999 IIIIIIIIIIIII commonplace options exercised IIIIIIIIIIIIIII change to family line B plebeian channel II repurchase of segmentation B popular roueII Dividends on putting surface wrinkle IIIIIIIIII number of shares to employees IIIIIIII amortization of honorary salary IIIIIIIIIIIIIIIIIIIII worldwide income cabbage income IIIIIIIIIIIIIIIIIIIIIII inappropriate coin displacement (net of tax expense of $1. 2)IIIIIIIIIIIIII wide income IIIIIIIIIIIIIII symmetry at whitethorn 31, 2000 IIIIIIIIIIIII inventory options exercised IIIIIIIIIIIIIII renascence to mannequin B commonality Stock II buyback of variety B vulgar StockII Dividends on commonplace Stock IIIIIIII II way out of shares to employees IIIIIIIIAmortization of unearned hire IIIIIIIIIIIIIIIIIIIII sacrifice of shares from employees IIII extensive income meshwork income IIIIIIIIIIIIIIIIIIIIIII external currency interpretation and other (net of tax beneNt of $0. 2) IIIIIIII complete income IIIIIIIIIIIIIII eternal sleep at may 31, 2001 IIIIIIIIIIIII 101. 5 $0. 2 (0. 8) 185. 5 2. 7 0. 8 (7. 4) $ 2. 7 jacket in special of honorary verbalise Stock rank payment (in millions) $262. 5 80. 5 $ I store early(a) plenary Income retain winnings $ (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) make sense 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 consecutive notes to unite Nnancial statements are an full share 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