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Joint Ventures and Variable Interest Entities (Tables)
9 Months Ended
Jun. 30, 2018
Joint Ventures and Variable Interest Entities  
Summary of unaudited financial information of the consolidated joint ventures

 

 

 

June 30,
2018

 

September 30,
2017

 

 

 

(in millions)

 

Current assets

 

$

906.0

 

$

832.1

 

Non-current assets

 

198.4

 

188.8

 

 

 

 

 

 

 

Total assets

 

$

1,104.4

 

$

1,020.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

638.2

 

$

524.9

 

Non-current liabilities

 

12.3

 

12.4

 

 

 

 

 

 

 

Total liabilities

 

650.5

 

537.3

 

Total AECOM equity

 

272.1

 

274.7

 

Noncontrolling interests

 

181.8

 

208.9

 

 

 

 

 

 

 

Total owners’ equity

 

453.9

 

483.6

 

 

 

 

 

 

 

Total liabilities and owners’ equity

 

$

1,104.4

 

$

1,020.9

 

 

 

 

 

 

 

 

 

 

Summary of unaudited financial information of the unconsolidated joint ventures

 

 

 

June 30,
2018

 

September 30,
2017

 

 

 

(in millions)

 

Current assets

 

$

1,759.0

 

$

1,912.2

 

Non-current assets

 

896.5

 

749.8

 

 

 

 

 

 

 

Total assets

 

$

2,655.5

 

$

2,662.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

$

1,381.6

 

$

1,570.2

 

Non-current liabilities

 

223.0

 

185.1

 

 

 

 

 

 

 

Total liabilities

 

1,604.6

 

1,755.3

 

Joint ventures’ equity

 

1,050.9

 

906.7

 

 

 

 

 

 

 

Total liabilities and joint ventures’ equity

 

$

2,655.5

 

$

2,662.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AECOM’s investment in joint ventures

 

$

398.1

 

$

364.2

 

 

 

 

Nine Months Ended

 

 

 

June 30,
2018

 

June 30,
2017

 

 

 

(in millions)

 

Revenue

 

$

4,041.7

 

$

4,077.7

 

Cost of revenue

 

3,843.7

 

3,862.9

 

 

 

 

 

 

 

Gross profit

 

$

198.0

 

$

214.8

 

 

 

 

 

 

 

 

 

Net income

 

$

191.8

 

$

205.3

 

 

 

 

 

 

 

 

 

 

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

 

 

 

Nine Months Ended

 

 

 

June 30,
2018

 

June 30,
2017

 

 

 

(in millions)

 

Pass through joint ventures

 

$

29.8

 

$

27.5

 

Other joint ventures

 

25.8

 

82.2

 

 

 

 

 

 

 

Total

 

$

55.6

 

$

109.7