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Joint Ventures and Variable Interest Entities (Tables)
3 Months Ended
Dec. 31, 2015
Joint Ventures and Variable Interest Entities  
Summary of unaudited financial information of the consolidated joint ventures

 

 

 

December 31,
2015

 

September 30,
2015

 

 

 

(in millions)

 

Current assets

 

$

755.0 

 

$

727.8 

 

Non-current assets

 

271.8 

 

282.8 

 

 

 

 

 

 

 

Total assets

 

$

1,026.8 

 

$

1,010.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

459.5 

 

$

441.5 

 

Non-current liabilities

 

0.1 

 

0.2 

 

 

 

 

 

 

 

Total liabilities

 

459.6 

 

441.7 

 

 

 

 

 

 

 

Total AECOM equity

 

370.4 

 

354.7 

 

Noncontrolling interests

 

196.8 

 

214.2 

 

 

 

 

 

 

 

Total owners’ equity

 

567.2 

 

568.9 

 

 

 

 

 

 

 

Total liabilities and owners’ equity

 

$

1,026.8 

 

$

1,010.6 

 

 

 

 

 

 

 

 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

 

December 31,
2015

 

September 30,
2015

 

 

 

(in millions)

 

Current assets

 

$

1,285.2 

 

$

1,200.7 

 

Non-current assets

 

548.2 

 

527.3 

 

 

 

 

 

 

 

Total assets

 

$

1,833.4 

 

$

1,728.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

1,098.7 

 

$

936.7 

 

Non-current liabilities

 

105.6 

 

87.0 

 

 

 

 

 

 

 

Total liabilities

 

1,204.3 

 

1,023.7 

 

 

 

 

 

 

 

Joint ventures’ equity

 

629.1 

 

704.3 

 

 

 

 

 

 

 

Total liabilities and joint ventures’ equity

 

$

1,833.4 

 

$

1,728.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

314.4 

 

$

321.6 

 

 

 

 

Three Months Ended

 

 

 

December 31,
2015

 

December 31,
2014

 

 

 

(in millions)

 

Revenue 

 

$

1,228.1 

 

$

1,081.3 

 

Cost of revenue 

 

1,169.2 

 

1,027.4 

 

 

 

 

 

 

 

Gross profit 

 

$

58.9 

 

$

53.9 

 

 

 

 

 

 

 

 

 

Net income 

 

$

48.9 

 

$

48.3 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Three Months Ended

 

 

 

December 31,
2015

 

December 31,
2014

 

 

 

(in millions)

 

Pass through joint ventures 

 

$

4.8 

 

$

6.4 

 

Other joint ventures 

 

20.4 

 

17.5 

 

 

 

 

 

 

 

Total 

 

$

25.2 

 

$

23.9