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Joint Ventures and Variable Interest Entities (Tables)
6 Months Ended
Mar. 31, 2018
Joint Ventures and Variable Interest Entities  
Summary of unaudited financial information of the consolidated joint ventures

 

 

 

March 31,
2018

 

September 30,
2017

 

 

 

(in millions)

 

Current assets

 

$

933.1

 

$

832.1

 

Non-current assets

 

196.5

 

188.8

 

 

 

 

 

 

 

Total assets

 

$

1,129.6

 

$

1,020.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

632.7

 

$

524.9

 

Non-current liabilities

 

12.3

 

12.4

 

 

 

 

 

 

 

Total liabilities

 

645.0

 

537.3

 

Total AECOM equity

 

261.3

 

274.7

 

Noncontrolling interests

 

223.3

 

208.9

 

 

 

 

 

 

 

Total owners’ equity

 

484.6

 

483.6

 

 

 

 

 

 

 

Total liabilities and owners’ equity

 

$

1,129.6

 

$

1,020.9

 

 

 

 

 

 

 

 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

 

March 31,
2018

 

September 30,
2017

 

 

 

(in millions)

 

Current assets

 

$

1,839.2

 

$

1,912.2

 

Non-current assets

 

846.2

 

749.8

 

 

 

 

 

 

 

Total assets

 

$

2,685.4

 

$

2,662.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

1,528.1

 

$

1,570.2

 

Non-current liabilities

 

217.7

 

185.1

 

 

 

 

 

 

 

Total liabilities

 

1,745.8

 

1,755.3

 

Joint ventures’ equity

 

939.6

 

906.7

 

 

 

 

 

 

 

Total liabilities and joint ventures’ equity

 

$

2,685.4

 

$

2,662.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

384.9

 

$

364.2

 

 

 

 

Six Months Ended

 

 

 

March 31,
2018

 

March 31,
2017

 

 

 

(in millions)

 

Revenue

 

$

2,814.8

 

$

2,529.8

 

Cost of revenue

 

2,683.0

 

2,396.0

 

 

 

 

 

 

 

Gross profit

 

$

131.8

 

$

133.8

 

 

 

 

 

 

 

 

 

Net income

 

$

127.7

 

$

125.5

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Six Months Ended

 

 

 

March 31,
2018

 

March 31,
2017

 

 

 

(in millions)

 

Pass through joint ventures

 

$

20.2

 

$

17.9

 

Other joint ventures

 

22.6

 

25.3

 

 

 

 

 

 

 

Total

 

$

42.8

 

$

43.2