Income Statements of Microsoft Corporation from the year 2004-2017

Submitted to: Submitted by:

Prof. (Dr.) Manoj Sharma Sunil Kumar Saroha

UBS, Panjab University PhD (HR) Roll No. 11

Revenue-Cost Analysis of Microsoft Corporation:

(In Million US dollars)

Year Ended June 30, 1994 1995 1996 1997 1998 1999 2000
Net Revenues 4469 5937 8671 11358 14484 19747 22956
Operating Expanses
Cost of Revenues 763 877 1188 1085 1197 2814 3002
Research and Development 610 860 1432 1925 2502 2970 3775
Acquired in-process technology - - - - 296
Sales and Marketing 1384 1895 2657 2856 3412 3231 4141
General and administrative 166 267 316 362 433 689 1009
Total Operating Expenses 2923 3899 5593 6487 8070 9819 12019
Operating Income 1726 2038 3078 4871 6414 9928 10937
Interest Income/investment income 102 191 320 443 703 1803 3182
Non continuing Items (90) (46) -
Other Expenses (16) (16) (19) 259 230 115 92
Income before income taxes 1722 2167 3379 5314 7117 11891 14275
Provision for income taxes 576 714 1184 1860 2627 4106 4854
Net Income 1146 1453 2195 3454 4490 7785 9421
Preferred Stock dividends 15 28
Net income available for common shareholders 2195 3439 4462
Earnings per share $0.94 $1.16 $1.71 $1.44 $1.83 $1.54 $1.81
Weighted average shares outstanding 1219 1254 1281
Revenue-Cost Analysis of Microsoft Corporation:

(In Million US dollars)

Year Ended June 30, 2001 2002 2003 2004 2005 2006 2007 2008
Net Revenues 25296 28365 32187 36835 39788 44282 51122 60420
Operating Expanses
Cost of Revenues 3455 5191 6059 6716 6031 7650 10693 11598
Research and Development 4379 4307 6595 7779 6097 6584 7121 8164
Acquired in-process technology
Sales and Marketing 4885 5407 7562 8309 8563 9818 11455 13039
General and administrative 857 1550 2426 4997 4536 3758 3329 5127
Total Operating Expenses 13576 16455 22642 27801 25227 27810 32598 37928
Operating Income 11720 11910 9545 9034 14561 16472 18524 22492
Losses on equity investees and other (159) (92) (68) (25)
Interest Income/investment income (36) (305) 1577 3187 2067 1790 1577 1322
Non continuing Items
Other Expenses
Income before income taxes 7721 7829 11054 12196 16628 18262 20101 23814
Provision for income taxes 2520 3523 4028 4374 5663 6036 6133
Net Income 7346 7829 8168 12254 12599 14065 17681
Preferred Stock dividends
Net income available for common shareholders
Earnings per share 1.38 1.45 .70 .76 1.13 1.21 1.44 1.90
Weighted average shares outstanding 10811 10723 10803 10438 9742 9328
Revenue-Cost Analysis of Microsoft Corporation:

(In Million US dollars)

Year Ended June 30, 2009 2010 2011 2012 2013 2014 2015 2016 2017
Net Revenues 58437 62484 69943 73723 77849 86833 93580 85320 89950
Operating Expanses
Cost of Revenues 12155 12395 15577 17530 20249 26934 33038 32780 34261
Research and Development 9010 8714 9043 9811 10411 11381 12046 11988 13037
Acquired in-process technology
Sales and Marketing 12879 13214 13940 13857 15276 15811 15713 14697 15539
General and administrative 3700 4004 4222 4569 5149 4821 4611 4563 4481
Employee Severance 330 59
Goodwill impairment 6193
Integration and restructuring 127 10011 1110 306
Total Operating Expenses 38074 38386 27205 34430 30836
Operating Income 20363 24098 27161 21763 26764 27759 18161 20182 22326
Losses on equity investees and other
Interest Income/investment income (542) 915
Non continuing Items
Other Expenses
Income before income taxes 19821 25013 28071 22267 27052 27820 18507 19751 23149
Provision for income taxes 5252 6253 4921 5289 5189 5746 6314 2953 1945
Net Income 14569 18760 23150 16978 21863 22074
Preferred Stock dividends
Net income available for common shareholders
Earnings per share 1.63 2.13 2.73 2.02 2.61 2.66 1.49 2.12 2.74
Weighted average shares outstanding 8945 8813 8490 8396 8375 8299 8177 7925 7746