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Nele Steurbaut
2 Accountancy & Tax 04
            2011-2012
Overview
 Introduction
 Financial analyse
    Comparing quarters
        Second quarter 2011 vs. second quarter 2012
 Conclusion
 Sources




                      Nele Steurbaut 2AT04             2
Microsoft
 Worldwide leader
    Software, services and solutions
 1975
 60 countries
 20 wealthiest companies
 90000 employees




                    Nele Steurbaut 2AT04   3
Q2 2011 and Q2 2012
Revenues                Q2-2012                 Q2-2011   Change

Windows & Windows       4.736                   5.056     -7%
Live Division
Server and Tools        4.772                   4.288     +11%
Online Services         784                     713       +10%
Division
Microsoft Business      6.279                   6.110     +3%
Division
Entertainment and       4.237                   3.698     +15%
Devices Division
Unallocated and other   77                      88        -13%
Total Revenues          20.885                  19.953    +5%



                         Nele Steurbaut 2AT04                      4
Q2 2011 and Q2 2012
                       Income statement second quarter 2012(in million $)
                                            Q2-2012             Q2-2011     Change (%)
Revenue                                      20.885              19.953     +5%
Operating expenses:
 Cost of revenue                              5.638              4.833      +17%
 Research and development                     2.371              2.185      +9%
 Sales and marketing                          3.762              3.825      -2%
 General and administrative                   1.120               945       +19%
 Other expenses (income)                        0                  0
Total operating expenses                     12.891              11.788     +9%
Operating income                             = 7.994             = 8.165    -2%



                              Nele Steurbaut 2AT04                                   5
Operating income
           Q2-2011 vs. Q2-2012
5,000

4,000

3,000

2,000

1,000
                                 Q2-2011
    0                            Q2-2012

-1,000

-2,000




         Nele Steurbaut 2AT04          6
Conclusion
 Strong company
    Success
 Rivalry
    Keep innovating




                  Nele Steurbaut 2AT04   7
The end
Thank you for listening to my presentation!




                 Nele Steurbaut 2AT04         8
Sources
 Microsoft Investor Relations, Earnings and financials
  (2012, 19 January). Earnings Release FY12 Q2. Retrieved
  from:
  http://www.microsoft.com/investor/EarningsAndFinancial
  s/Earnings/PressReleaseAndWebcast/FY12/Q2/default.asp
  x
 Microsoft Worldwide. Retrieved from:
  http://www.microsoft.com/worldwide/default.aspx



                  Nele Steurbaut 2AT04                      9

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Financial analysis Microsoft

  • 1. Nele Steurbaut 2 Accountancy & Tax 04 2011-2012
  • 2. Overview  Introduction  Financial analyse  Comparing quarters  Second quarter 2011 vs. second quarter 2012  Conclusion  Sources Nele Steurbaut 2AT04 2
  • 3. Microsoft  Worldwide leader  Software, services and solutions  1975  60 countries  20 wealthiest companies  90000 employees Nele Steurbaut 2AT04 3
  • 4. Q2 2011 and Q2 2012 Revenues Q2-2012 Q2-2011 Change Windows & Windows 4.736 5.056 -7% Live Division Server and Tools 4.772 4.288 +11% Online Services 784 713 +10% Division Microsoft Business 6.279 6.110 +3% Division Entertainment and 4.237 3.698 +15% Devices Division Unallocated and other 77 88 -13% Total Revenues 20.885 19.953 +5% Nele Steurbaut 2AT04 4
  • 5. Q2 2011 and Q2 2012 Income statement second quarter 2012(in million $) Q2-2012 Q2-2011 Change (%) Revenue 20.885 19.953 +5% Operating expenses: Cost of revenue 5.638 4.833 +17% Research and development 2.371 2.185 +9% Sales and marketing 3.762 3.825 -2% General and administrative 1.120 945 +19% Other expenses (income) 0 0 Total operating expenses 12.891 11.788 +9% Operating income = 7.994 = 8.165 -2% Nele Steurbaut 2AT04 5
  • 6. Operating income Q2-2011 vs. Q2-2012 5,000 4,000 3,000 2,000 1,000 Q2-2011 0 Q2-2012 -1,000 -2,000 Nele Steurbaut 2AT04 6
  • 7. Conclusion  Strong company  Success  Rivalry  Keep innovating Nele Steurbaut 2AT04 7
  • 8. The end Thank you for listening to my presentation! Nele Steurbaut 2AT04 8
  • 9. Sources  Microsoft Investor Relations, Earnings and financials (2012, 19 January). Earnings Release FY12 Q2. Retrieved from: http://www.microsoft.com/investor/EarningsAndFinancial s/Earnings/PressReleaseAndWebcast/FY12/Q2/default.asp x  Microsoft Worldwide. Retrieved from: http://www.microsoft.com/worldwide/default.aspx Nele Steurbaut 2AT04 9