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Joint Ventures and Variable Interest Entities (Tables)
3 Months Ended
Dec. 31, 2014
Joint Ventures and Variable Interest Entities  
Summary of unaudited financial information of the consolidated joint ventures

 

 

 

December 31,
2014

 

September 30,
2014

 

 

 

(in millions)

 

Current assets

 

$

623.2 

 

$

314.1 

 

Non-current assets

 

321.8 

 

106.2 

 

Total assets

 

$

945.0 

 

$

420.3 

 

 

 

 

 

 

 

Current liabilities

 

$

389.3 

 

$

229.1 

 

Non-current liabilities

 

15.2 

 

 

Total liabilities

 

404.5 

 

229.1 

 

 

 

 

 

 

 

Total AECOM equity

 

262.1 

 

116.6 

 

Noncontrolling interests

 

278.4 

 

74.6 

 

Total owners’ equity

 

540.5 

 

191.2 

 

Total liabilities and owners’ equity

 

$

945.0 

 

$

420.3 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

 

December 31,
2014

 

September 30,
2014

 

 

 

(in millions)

 

Current assets

 

$

1,238.7 

 

$

539.6 

 

Non-current assets

 

527.6 

 

273.7 

 

Total assets

 

$

1,766.3 

 

$

813.3 

 

 

 

 

 

 

 

Current liabilities

 

$

773.1 

 

$

397.9 

 

Non-current liabilities

 

123.8 

 

91.0 

 

Total liabilities

 

896.9 

 

488.9 

 

 

 

 

 

 

 

Joint ventures’ equity

 

869.4 

 

324.4 

 

Total liabilities and joint ventures’ equity

 

$

1,766.3 

 

$

813.3 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

348.7 

 

$

142.9 

 

 

 

 

Three Months Ended

 

 

 

December 31,
2014

 

December 31,
2013

 

 

 

(in millions)

 

Revenue

 

$

1,081.3 

 

$

518.4 

 

Cost of revenue

 

1,027.4 

 

508.4 

 

Gross profit

 

$

53.9 

 

$

10.0 

 

Net income

 

$

48.3 

 

$

9.2 

 

 

Summary of AECOM's equity in earnings of unconsolidated joint ventures

 

 

 

Three Months Ended

 

 

 

December 31,
2014

 

December 31,
2013

 

 

 

(in millions)

 

Pass through joint ventures

 

$

6.4 

 

$

0.7 

 

Other joint ventures

 

17.5 

 

35.4 

 

Total

 

$

23.9 

 

$

36.1