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Exhibit 99.1
Accenture Achieves Record Annual Revenues, EPS, Free Cash Flow and
New Bookings for Fiscal 2006
New Bookings for Fiscal 2006
— EPS of $0.56 for quarter and $1.59 for year exceed company’s expectations —
— Company resolves NHS matter; reported results reflect impact of
agreement announced today —
agreement announced today —
— Company declares cash dividend of $0.35 per share —
NEW YORK; Sept. 28, 2006 — Accenture (NYSE: ACN) reported record financial results and the
successful resolution of previously reported issues with its contracts with the National Health
Service (NHS) in England.
“I’m delighted that we have resolved the NHS contracts, arriving at an agreement that benefits all
parties, is clearly in the best interest of our shareholders, and puts this matter successfully
behind us,” said William D. Green, Accenture’s chairman and CEO. “Our results for the quarter and
the year clearly demonstrate the strength and momentum of our business. We had record revenues for
the fifth consecutive year. We exceeded our outlook for EPS for both the quarter and the full
year. We achieved solid bookings in both consulting and outsourcing, demonstrating strong demand
for our services. Our cash flows are exceptionally strong. And we continue to return cash to
shareholders, repurchasing more than $2 billion of our shares during the year and declaring our
second annual cash dividend.”
Accenture’s results include the financial impact of the agreement announced earlier today resolving
the NHS matter (the Agreement), which resulted in a reduction of Accenture’s net revenues in the
fourth quarter of $339 million. This reduction in net revenues was offset by a corresponding
decrease in cost of services. As a result, there was no impact on operating income or EPS for the
quarter.
Financial Review
Fourth Quarter 2006
Net Revenues
Revenues before reimbursements (“net revenues”) for the fourth quarter of fiscal 2006 were $3.97
billion, including the impact of the Agreement, which resulted in a reduction of consulting net
revenues in the fourth quarter of $339 million. Net revenues of $3.97 billion for the fourth
quarter of fiscal 2006 compare with $3.92 billion for the fourth quarter of fiscal 2005, flat in
local currency and an increase of 1 percent in U.S. dollars. Absent the impact of the Agreement,
net revenues for the fourth quarter were $4.31 billion, an increase of 8 percent in local currency
and 10 percent in U.S. dollars.
| • | Consulting net revenues, reflecting the Agreement, were $2.20 billion, a decrease of 9 percent in local currency and 8 percent in U.S. dollars from the fourth quarter last fiscal year. Absent the impact of the Agreement, consulting net revenues for the fourth quarter |
The following information was filed by Accenture Sca (SCA) on Thursday, September 28, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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Accenture Sca provided additional information to their SEC Filing as exhibits
SEC Filing Exhibit
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Ticker: SCA
CIK: 1143908
Form Type: 10-K Annual Report
Accession Number: 0000950137-06-011144
Submitted to the SEC: Wed Oct 18 2006 9:48:13 PM EST
Accepted by the SEC: Thu Oct 19 2006
Period: Thursday, August 31, 2006
Industry: Business Services
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