埃森哲Accenture plc (ACN) 2014年年度报告「NYSE」.pdf

1、2014 Letter to Our ShareholdersPierre Nanterme Chairman&CEOIn fiscal 2014,we enhanced our capabilities and made Accenture even more relevant,differentiated and competitive.“Accentures financial performance in fiscal 2014 clearly demonstrates that we are executing very well against our strategy.In a

2、market environment that remains highly competitive,we delivered on our initial business outlook,with particularly strong momentum in the second half of fiscal 2014.For the full fiscal year,we increased our market share,generated record revenues and new bookings,expanded operating margin,generated st

3、rong cash flow and returned substantial cash to shareholders.Here are some highlights:We delivered record annual bookings of$35.9 billion.We grew net revenues 5 percent to$30.0 billion.We delivered diluted EPS of$4.52,up 7 percent from adjusted fiscal 2013 EPS of$4.21,which excluded$0.72 in benefits

4、 from a reduction in reorganization liabilities and final determinations relating to tax liabilities.Our operating margin was 14.3 percent,an expansion of 10 basis points from the adjusted fiscal 2013 operating margin of 14.2 percent,which excluded 100 basis points in benefits from a reduction in re

5、organization liabilities.We generated free cash flow of$3.2 billion and maintained a very strong balance sheet,closing the year with$4.9 billion in cash.We returned$3.8 billion in cash to shareholders through dividends and share repurchases,and we announced a 10 percent increase in our semi-annual c

6、ash dividend shortly after fiscal year-end.Our strategy in action We remain focused on our long-term vision for market leadership,which is all about leveraging our unique position as the leading independent,global,professional services companyproviding end-to-end services that help the worlds larges