Sec 10-K

Topics: Generally Accepted Accounting Principles, Balance sheet, Asset Pages: 5 (1115 words) Published: June 22, 2013
United States Securities and Exchange Commission
Form 10- K
Microsoft Corporation
For the fiscal year ended June 30, 2012

Sujata Gawali

ACCT 221

Prof. John Davis

June 16, 2013

General Business Information:

Microsoft Corporation is an American multinational software corporation founded by Bill Gates and Paul Allen on April 4, 1975. It develops, manufactures, licenses, and supports a wide range of products and services related to computing. Originally, Microsoft was established to develop and sell basic interpreters for the Altair 8800. Altair 8800 was a microcomputer designed in 1975 based on the Intel 8080 CPU. In 1986 Microsoft corporation decided to offer an initial public offering. Since, then it is rise in the share price, created an estimated three billionaires and 12,000 millionaires from Microsoft employees. Microsoft Corporation has employee approximately 94,000 people on a full-time basis, 55,000 in the U.S. and 39,000 internationally. Today Microsoft is market dominant in both the PC operating system and office markets. The company also produces a wide range of other software for desktops and servers, and is active in areas including Internet search with Bing, with the video company including Xbox and Xbox 360 consoles, the digital services market, and mobile phones. In 2012 entered to the PC vendor market for the first time, with the launch of the Microsoft Surface tablet computer. Today Microsoft is the world's largest software maker measured by revenues.

Mr. Ballmer was appointed Chief Executive Officer in January 2000. Mr. Ballmer joined Microsoft in 1980. He served as President from July 1998 to February 2001. Chief Financial Officer is Peter S. Klein. Chief Operating Officer is Kevin Turner.

The entire price are in million except dividend and stock.

Financial Data

| 2012| 2011| 2010| 2009| 2008|
Revenues| $73,723| $69,943| $62,484| $58,437| $60,420| Operating Income | $21,763| $27,161| $24,098| $20,363| $22,271| | $16,978| $23,150| $18,760| $14,569| $17,681|
Total assets| $121,271| $108,704| $86,113| $77,888| $72,793| Stockholder’s equity| $66,363| $57,083| $46,175| $39,558| $36,286|

Microsoft Corporation had total revenue of $73,723 in 2012. The total operating income was $21,763. The net income was $16,978. Total assist was $121,271 and stockholder’s equity was $66,363. However, in 2008 Revenues, Operating Income, Net Income, Total assets, and Stockholder’s equity were $60,420, $22,271, $17,681, $72,793 and $36,286 respectively.

Vertical analysis of balance sheet:

2012 2011

Assets | Amount | Percent| | Amount| Percent|
Current Assets       | $8,5084 | 70.16% | | $7,4918 | 68.91 %| Property & Equipment   | $8,269 |  6.81% | | $8162     | 7.5 %| Other Assets|  $1,520 | 1.25% | | $1,434  | 1.31 %| Total Assets | $121,271 | 100% | | $108,704 | 100%|

2012 2011

Liabilities| Amount| Percent| | Amount| Percent|
Current Liabilities   |  $32, 688   | 59.53%| | $28,774  | 55.74 %| Long-Term Debt    |  $10,713 | 19.51 % | |  $11,921   | 23.09%| Other Liabilities     | $8,208        | 14.94 %   | | $8,072   | 15.63 %| Total Liabilities  |  $54, 908 | 100%   | | $51, 621 | 100 %|

2012 2011

Stockholders' Equity| Amount | Percentage | | Amount| Percentage| Total stockholder’s equity | $66,363 |  54.72%      | |  $57,083| 52.51%     | Total liability and stockholder’s equity | $121,271   |  100%   | |  $108,704  |  100%|

Vertical analysis of income statement

2012...
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