Nike financial analysis statement

Appendix C: Nike Inc., Form 10-K For the Fiscal Year Ended May 31, 2013 Financial Accounting NIKE, Inc. Consolidated Statements Of Income Year Ended May 31 in millions except per share data Income from continuing operations 2013 2012 Cost of sales Gross profft Demand creation expense $ 25.313 23,331 20,117 10.915 9202 14 279 11,034 2,745 5,035 7,780 13,183 10.148 2.0072,344 4,017 6,361 4458 7,085 Total selling and administrative expense Interest (income) expense, net (Notes 6,7 and 8) Other (income) expense, net Note 17 Income before income taxes Income taxc expense (Note 9) (25) 2.862 690 2,172 (39) 2,133 (15) 3.025 756 NET INCOME FROM CONTINUING OPERATIONS NETINCOME (LOSS) FROM DISCONTINUED OPERATIONS 2.464 2,269 21 NET INCOME 2485 S 2223 Earnings per share from continuing operations Basic eamings per common share (Notes 1 and 12) Diluted eamings per common share (Notes 1 and 12) 275 2 69 247 $ 242 s 228 224 Eamings per share from discontinued operations Basic earnings per commen share (Notes 1 and 12) Diluted earmings per common share (Notes 1 and 12) 002 s 002 0 04) Dividends dedlared per common share 7060 081 S 070 $ 0.60 42 NIKE, Inc. Consolidated Statements of Comprehensive Income