Chapter 5 Analyzing Nike's financial statement

On a financial statement, the term Cash and equivalents or Cash and cash equivalents includes more than just cash on hand. Checking accounts, savings accounts, and even some very short-term investments are also included in this total. Nikes financial statement in Appendix B on page B-7 shows the total cash and equivalents for Nike for each year.

Published financial statements include notes that explain some of the titles and amounts used in the statements. Note 1 for Nikes financial statements begins on page B-9.

Instructions

1. List the amount of Nikes cash and equivalents for 2016 and 2015.

2. Look at Note 1 and list what Nike considers to be cash and equivalents.

Year Ended May 31, 2016 2015 2014 5 3.7605 3.2735 2003 649 130 236 13 98 606 (1130 191 43 424 519 11 177 68 56 30 1590 (61) 1889 3.096 210 620 11:44 1,237 4.680 298 SOS 210 525 3.013 5.367 2924 2,356 150 IS.3861 3932 1.126 14.936 3658 2.216 (150 1960 3 1880 In million Cash provided by operations Net Income Income charges for not affecting cash Depreciation Deferred income Stock-based compensation Amortation and other Net foreign currency adjustments Changes in certain working capital components and other niets and liabilities Decrease increase in accounts receivable Increase in inventones Increase in prepaid expenses and other current asset Decreased increase in accounts payable, accrued liabilities and income taxes payable Cash provided by operions Cash used by investing activities: Purchases of short-term investments Maturities of short-term investments Sales of short term investments Investments in reverse repurchase agreements Additions to property, plast and equipment Disposals of property, plant and equipment Decrease increased in other assets, net of other lates Cash used by testing activities Cash used by financing activities: Net proceeds from long term dette Long term debt payments, including current portion Decree increase in notes payable Payments on capital este obligations Proceeds from exercise of stock option and other stock inom Excess tax benefits from share-based payment arrangements Repurchase of common stock Dividends-common and preferred Cashed by financing activities Elect of exchange rate changes on cash and events Net decrease increase in cash and equivalent Cash and equivalents, beginning of year CASH AND EQUIVALENTS, END OF YEAR Supplemental disclosure of cash flow information: Cash paid during the you for Interest, net of capitale interest Income taxes Non-cash addition to property, plant and equipment Dividends declared and not paid 10 6 11.030 (125 11.2017 981 75 167 os 507 281 3.238 11.022 12,671) 1639 19 514 218 2,534 1899 2.790 183 1632 2.220 3.852 5 383 132 2.628 099 0.914 014 3.852 3.138 5 (1.117 3337 2.220 $ $ 53 $ 10$ 748 252 271 1.262 206 240 53 856 167 200 The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement