Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Accenture PLC, consolidated income statement

US$ in thousands

12 months ended:	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Revenues	64,896,464)	64,111,745)	61,594,305)	50,533,389)	44,327,039)	43,215,013)
Cost of services	(43,734,147)	(43,380,138)	(41,892,766)	(34,169,261)	(30,350,881)	(29,900,325)
Gross profit	21,162,317)	20,731,607)	19,701,539)	16,364,128)	13,976,158)	13,314,688)
Sales and marketing	(6,846,714)	(6,582,629)	(6,108,401)	(5,288,237)	(4,625,929)	(4,447,456)
General and administrative costs	(4,281,316)	(4,275,943)	(4,225,957)	(3,454,362)	(2,836,585)	(2,562,158)
Business optimization costs	(438,440)	(1,063,146)	—)	—)	—)	—)
Operating income	9,595,847)	8,809,889)	9,367,181)	7,621,529)	6,513,644)	6,305,074)
Interest income	272,256)	280,409)	45,133)	33,365)	69,331)	87,508)
Interest expense	(58,969)	(47,525)	(47,320)	(59,492)	(33,071)	(22,963)
Other income (expense), net	(109,811)	96,559)	(72,533)	165,714)	224,427)	(117,822)
Loss on disposition of Russia business	—)	—)	(96,294)	—)	—)	—)
Income before income taxes	9,699,323)	9,139,332)	9,196,167)	7,761,116)	6,774,331)	6,251,797)
Income tax expense	(2,280,126)	(2,135,802)	(2,207,207)	(1,770,571)	(1,589,018)	(1,405,556)
Net income	7,419,197)	7,003,530)	6,988,960)	5,990,545)	5,185,313)	4,846,241)
Net income attributable to noncontrolling interests	(154,410)	(131,973)	(111,791)	(83,736)	(77,474)	(67,129)
Net income attributable to Accenture plc	7,264,787)	6,871,557)	6,877,169)	5,906,809)	5,107,839)	4,779,112)

Based on: 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31).

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Income statement item	Description	The company
Revenues	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Accenture PLC revenues increased from 2022 to 2023 and from 2023 to 2024.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Accenture PLC operating income decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Accenture PLC income before income taxes decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net income attributable to Accenture plc	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Accenture PLC net income attributable to Accenture plc decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Accenture PLC (NYSE:ACN)

Income Statement