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

 

 

December 31,
2016

 

September 30,
2016

 

 

 

(in millions)

 

Current assets

 

$

591.6 

 

$

684.1 

 

Non-current assets

 

236.1 

 

230.8 

 

 

 

 

 

 

 

Total assets

 

$

827.7 

 

$

914.9 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

386.3 

 

$

407.4 

 

Non-current liabilities

 

12.4 

 

12.4 

 

 

 

 

 

 

 

Total liabilities

 

398.7 

 

419.8 

 

Total AECOM equity

 

255.6 

 

318.0 

 

Noncontrolling interests

 

173.4 

 

177.1 

 

 

 

 

 

 

 

Total owners’ equity

 

429.0 

 

495.1 

 

 

 

 

 

 

 

Total liabilities and owners’ equity

 

$

827.7 

 

$

914.9 

 

 

 

 

 

 

 

 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

December 31,
2016

 

September 30,
2016

 

 

 

(in millions)

 

Current assets

 

$

1,417.6 

 

$

1,407.0 

 

Non-current assets

 

513.6 

 

499.4 

 

 

 

 

 

 

 

Total assets

 

$

1,931.2 

 

$

1,906.4 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

1,021.2 

 

$

977.3 

 

Non-current liabilities

 

162.3 

 

146.2 

 

 

 

 

 

 

 

Total liabilities

 

1,183.5 

 

1,123.5 

 

Joint ventures’ equity

 

747.7 

 

782.9 

 

 

 

 

 

 

 

Total liabilities and joint ventures’ equity

 

$

1,931.2 

 

$

1,906.4 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

343.9 

 

$

330.5 

 

 

 

 

Three Months Ended

 

 

 

December 31,
2016

 

December 31,
2015

 

 

 

(in millions)

 

Revenue

 

$

1,142.0 

 

$

1,228.1 

 

Cost of revenue

 

1,085.8 

 

1,169.2 

 

 

 

 

 

 

 

Gross profit

 

$

56.2 

 

$

58.9 

 

 

 

 

 

 

 

 

 

Net income

 

$

54.3 

 

$

48.9 

 

 

 

 

 

 

 

 

 

 

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

 

 

Three Months Ended

 

 

 

December 31,
2016

 

December 31,
2015

 

 

 

(in millions)

 

Pass through joint ventures

 

$

7.5 

 

$

4.8 

 

Other joint ventures

 

13.9 

 

20.4 

 

 

 

 

 

 

 

Total

 

$

21.4 

 

$

25.2