What does the data in the case Financial Exhibits reveal about Disneys financial and operating performance?
EXHIBIT 1 Financial Summary for The Walt Disney Company, Fiscal Years 20132017 (in of $, except per share amounts) 2017 2016 2015 2014 Revenues $55.632 $48.813 $55,137 9,366 $52,465 8,852 Net income 9,790 8,004 Net income attributable to Disney 8,980 9.391 8.382 7.501 Per common share Earnings attributable to Disney Diluted $5.69 $5.73 $4.90 $4.26 Basic $5.76 $4.95 $4.31 $5.73 $1.56 Dividends $1.42 $1.81 $0.86 Balance sheets Total assets $95,789 $92,033 $88,182 $84.141 26,710 24.189 19,142 44,525 18,537 44.958 41,315 43,265 Long-term obligations Disney shareholders' equity Statements of cash flows Cash provided by operations Investing activities Financing activities $12,343 $13,136 $11.385 $10.148 5,758 4.245 3.345 4,111 8,959 7.220 5,801 6.981 CamScanner EXHIBIT 8 Consolidated Statements of Income for The Walt Disney Company, Fiscal Years 20152017 (in millions of $, except per share data) 2017 2016 2015 Revenues $55,632 $55,137 41,264 98 41,274 $52,465 39,241 53 156 78 385 117 260 (926) (814 (320) 13,788 4,422 Costs and expenses Restructuring and impairment charges Add: Other income Net interest expense Add: Equity in the income of investees Income before income taxes Income taxes Net Income Less: Net Income attributable to noncontrolling interests Net Income attributable to The Walt Disney Company (Disney) Earnings per share attributable to Disney: Diluted Basic Weighted average number of common and common equivalent shares outstanding: Diluted 9,366 386 $ 8,980 14,868 5,078 9,790 399 $ 9,391 13,868 5,016 8,852 470 $ 8,382 $5.69 $5.73 $4.90 $5.73 $5.76 $4.95 1.639 Basic 1,578 1,568 1,709 1,629 1,694 CamScanner EXHIBIT 9 Consolidated Balance Sheets for The Walt Disney Company, Fiscal Years 2016 and 2017 (in millions, except per share data) September 30, 2017 October 1, 2016 $ 4,017 CURRENT ASSETS Cash and cash equivalents Receivables Inventories $ 4,610 9,065 1,390 Television costs and advances 8,633 1,373 1,278 588 Other current assets Total current assets 15,889 7,481 3,202 Film and television costs 1,208 693 16,966 6,339 4,280 Investments Parks, resorts and other property, at cost Attractions, buildings and equipment Accumulated depreciation 50,270 26,849 23,421 2,684 Projects in progress 54,043 29,037 25,006 2,145 _ 1,255 22,380 6,995 31,426 1,244 Land Intangible assets, net Goodwill 21,512 6,949 27,810 2,340 $92,033 2,390 Other assets $95,789 Total assets $8,855 $9,130 6,172 3,687 4,568 4,025 LIABILITIES AND EQUITY Current liabilities Accounts payable and other accrued liabilities Current portion of borrowings Deferred revenue and other Total current liabilities Borrowings Deferred income taxes Other long-term liabilities Commitments and contingencies Redeemable noncontrolling interests Equity 19,595 16,842 16,483 19,119 4,480 3,679 7,706 6,443 1,148 Preferred stock, $0.01 par value Authorized - 100 million shares, Issued - none CamScanner September 30, 2017 36,248 Authorized - 4.6 billion shares, Issued 2.9 billion shares Retained earnings Accumulated other comprehensive loss 72,606 October 1, 2016 35,859 66,088 (3,979 97,968 (54,703) (3,528) 105,326 (64,011) Treasury stock, at cost, 937.8 million shares at October 1, 2011 and 803.1 million shares at October 2, 2010 Total Disney Shareholder's equity Noncontrolling interests Total Equity Total liabilities and equity 41,315 3,689 45,004 $95,789 43,265 4,058 47,323 $92,033 CamScanner
