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Joint Ventures and Variable Interest Entities (Tables)
6 Months Ended
Mar. 31, 2016
Joint Ventures and Variable Interest Entities  
Summary of unaudited financial information of the consolidated joint ventures

 

 

 

March 31,
2016

 

September 30,
2015

 

 

 

(in millions)

 

Current assets

 

$

721.1 

 

$

727.8 

 

Non-current assets

 

288.2 

 

282.8 

 

 

 

 

 

 

 

Total assets

 

$

1,009.3 

 

$

1,010.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

445.1 

 

$

441.5 

 

Non-current liabilities

 

12.4 

 

0.2 

 

 

 

 

 

 

 

Total liabilities

 

457.5 

 

441.7 

 

 

 

 

 

 

 

Total AECOM equity

 

354.0 

 

354.7 

 

Noncontrolling interests

 

197.8 

 

214.2 

 

 

 

 

 

 

 

Total owners’ equity

 

551.8 

 

568.9 

 

 

 

 

 

 

 

Total liabilities and owners’ equity

 

$

1,009.3 

 

$

1,010.6 

 

 

 

 

 

 

 

 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

 

March 31,
2016

 

September 30,
2015

 

 

 

(in millions)

 

Current assets

 

$

1,358.9 

 

$

1,200.7 

 

Non-current assets

 

527.3 

 

527.3 

 

 

 

 

 

 

 

Total assets

 

$

1,886.2 

 

$

1,728.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

1,040.3 

 

$

936.7 

 

Non-current liabilities

 

120.5 

 

87.0 

 

 

 

 

 

 

 

Total liabilities

 

1,160.8 

 

1,023.7 

 

 

 

 

 

 

 

Joint ventures’ equity

 

725.4 

 

704.3 

 

 

 

 

 

 

 

Total liabilities and joint ventures’ equity

 

$

1,886.2 

 

$

1,728.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

347.1 

 

$

321.6 

 

 

 

 

Six Months Ended

 

 

 

March 31,
2016

 

March 31,
2015

 

 

 

(in millions)

 

Revenue

 

$

2,458.8 

 

$

2,175.6 

 

Cost of revenue

 

2,312.9 

 

2,059.0 

 

 

 

 

 

 

 

Gross profit

 

$

145.9 

 

$

116.6 

 

 

 

 

 

 

 

 

 

Net income

 

$

129.2 

 

$

104.2 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Six Months Ended

 

 

 

March 31,
2016

 

March 31,
2015

 

 

 

(in millions)

 

Pass through joint ventures

 

$

8.6 

 

$

13.4 

 

Other joint ventures

 

55.7 

 

35.2 

 

 

 

 

 

 

 

Total

 

$

64.3 

 

$

48.6