Stock Analysis on Net

Diageo PLC (NYSE:DEO)

This company has been moved to the archive! The financial data has not been updated since August 12, 2014.

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.

Diageo PLC, consolidated income statement

US$ in millions, translated from GBP £

Microsoft Excel
12 months ended: Jun 30, 2014 Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jun 30, 2010 Jun 30, 2009
Sales 23,611 25,666 23,734 20,559 19,945 19,859
Excise duties (6,286) (6,719) (6,232) (5,121) (4,891) (4,805)
Net sales 17,325 18,948 17,502 15,438 15,053 15,054
Cost of sales (6,805) (7,408) (6,926) (6,231) (6,309) (6,278)
Gross profit 10,520 11,540 10,576 9,208 8,744 8,776
Marketing (2,736) (2,962) (2,750) (2,390) (2,184) (2,121)
Other operating expenses (3,212) (2,892) (2,690) (2,786) (2,598) (2,705)
Operating profit 4,572 5,686 5,136 4,032 3,962 3,950
Non-operating items 236 (138) 239 (22) (23)
Interest income 378 421 426 432 722 407
Interest charges (966) (1,082) (1,047) (1,005) (1,299) (1,242)
Other finance income 29 8 13 6 3
Other finance charges (96) (50) (37) (44) (140) (126)
Share of after tax results of associates and joint ventures 426 330 346 273 219 265
Profit before taxation 4,579 5,176 5,076 3,667 3,446 3,258
Taxation (755) (877) (1,688) (533) (734) (472)
Profit from continuing operations 3,824 4,299 3,388 3,134 2,712 2,786
Discontinued operations (140) (18) (29) 3
Profit for the year 3,683 4,299 3,370 3,134 2,683 2,789
Profit for the year attributable to non-controlling interests 113 (181) (211) (182) (175) (168)
Profit for the year attributable to equity shareholders of the parent company 3,797 4,118 3,158 2,952 2,507 2,621

Based on: 20-F (reporting date: 2014-06-30), 20-F (reporting date: 2013-06-30), 20-F (reporting date: 2012-06-30), 20-F (reporting date: 2011-06-30), 20-F (reporting date: 2010-06-30), 20-F (reporting date: 2009-06-30).

Income statement item Description The company
Sales 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. Diageo PLC sales increased from 2012 to 2013 but then decreased significantly from 2013 to 2014.
Operating profit The net result for the period of deducting operating expenses from operating revenues. Diageo PLC operating profit increased from 2012 to 2013 but then decreased significantly from 2013 to 2014.
Profit before taxation 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. Diageo PLC profit before taxation increased from 2012 to 2013 but then decreased significantly from 2013 to 2014.
Profit for the year attributable to equity shareholders of the parent company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Diageo PLC profit for the year attributable to equity shareholders of the parent company increased from 2012 to 2013 but then slightly decreased from 2013 to 2014.