NIKE INC CLASS B (NKE) CashFlowFlag INCOME STATEMENT

Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05
Revenue 19014 20862 24128
Cost of revenue 10214 11354 13657
Gross profit 8800 9508 10471
Operating expenses
Sales General and administrative 6326 6693 7431
Total operating expenses 6326 6693 7431
Operating income 2474 2815 3040
Interest Expense 4
Other income (expense) 43 33 -57
Income before taxes 2517 2844 2983
Provision for income taxes 610 711 760
Net income from continuing operations 1907 2133 2223
Net income from discontinuing ops
Net income 1907 2133 2223

NIKE INC CLASS B (NKE) CashFlowFlag INCOME STATEMENT

Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05
Ventas 100.00% 100.00% 100.00%
Costo de Ventas 53.72% 54.42% 56.60%
Utilidad Bruta 46.28% 45.58% 43.40%
Gastos de Operación 0.00% 0.00% 0.00%
Gastos Generales Administracion y Ventas 33.27% 32.08% 30.80%
Total de Gastos Operación 33.27% 32.08% 30.80%
Utilidad Operación 13.01% 13.49% 12.60%
Gastos por Intereses 0.00% 0.02% 0.00%
Otros ingresos (gastos) 0.23% 0.16% -0.24%
Utilidad antes de impuestos 13.24% 13.63% 12.36%
Impuestos 3.21% 3.41% 3.15%
Utilidad Neta 10.03% 10.22% 9.21%

NIKE INC CLASS B (NKE) CashFlowFlag INCOME STATEMENT

Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05
Ventas 9.72% 15.66%
Costo de Ventas 11.16% 20.28%
Utilidad Bruta 8.05% 10.13%
Gastos de Operación
Gastos Generales Administracion y Ventas 5.80% 11.03%
Total de Gastos Operación 5.80% 11.03%
Utilidad Operación 13.78% 7.99%
Gastos por Intereses
Otros ingresos (gastos) -23.26% -272.73%
Utilidad antes de impuestos 12.99% 4.89%
Impuestos 16.56% 6.89%
Utilidad Neta 11.85% 4.22%
NIKE INC CLASS B (NKE) CashFlowFlag BALANCE SHEET
Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05
Assets
Current assets
Cash
Cash and cash equivalents 3079 1955 2317
Short-term investments 2067 2583 1440
Total cash 5146 4538 3757
Receivables 2650 3138 3280
Inventories 2041 2715 3350
Deferred income taxes 249 312 274
Prepaid expenses 874 594 870
Total current assets 10959 11297 11531
Non-current assets
Property plant and equipment
Gross property plant and equipment 4390 4906 5244
Accumulated Depreciation -2458 -2791 -2965
Net property plant and equipment 1932 2115 2279
Goodwill 188 205 201
Intangible assets 467 487 535
Deferred income taxes 874 894 919
Total non-current assets 3460 3701 3934
Total assets 14419 14998 15465
Liabilities and stockholders' equity
Liabilities
Current liabilities
Short-term debt 146 387 157
Accounts payable 1254 1469 1588
Taxes payable 59 117 246
Accrued liabilities 1774 1985 1654
Other current liabilities 131 220
Total current liabilities 3364 3958 3865
Non-current liabilities
Long-term debt 446 276 228
Deferred taxes liabilities 855 921 991
Other long-term liabilities 0
Total non-current liabilities 1301 1197 1219
Total liabilities 4666 5155 5084
Stockholders' equity
Common stock 3 3 3
Additional paid-in capital 3441 3944 4641
Retained earnings 6096 5801 5588
Accumulated other comprehensive income 215 95 149
Total stockholders' equity 9754 9843 10381
Total liabilities and stockholders' equity 14419 14998 15465
Assets
Current assets
Cash
Cash and cash equivalents 21.35% 13.04% 14.98%
Short-term investments 14.34% 17.22% 9.31%
Total cash 35.69% 30.26% 24.29%
Receivables 18.38% 20.92% 21.21%
Inventories 14.15% 18.10% 21.66%
Deferred income taxes 1.73% 2.08% 1.77%
Prepaid expenses 6.06% 3.96% 5.63%
Total current assets 76.00% 75.32% 74.56%
Non-current assets 0.00% 0.00% 0.00%
Property plant and equipment 0.00% 0.00% 0.00%
Gross property plant and equipment 30.45% 32.71% 33.91%
Accumulated Depreciation -17.05% -18.61% -19.17%
Net property plant and equipment 13.40% 14.10% 14.74%
Goodwill 1.30% 1.37% 1.30%
Intangible assets 3.24% 3.25% 3.46%
Deferred income taxes 6.06% 5.96% 5.94%
Total non-current assets 24.00% 24.68% 25.44%
Total assets 100.00% 100.00% 100.00%
Liabilities and stockholders' equity 0.00% 0.00% 0.00%
Liabilities 0.00% 0.00% 0.00%
Current liabilities 0.00% 0.00% 0.00%
Short-term debt 1.01% 2.58% 1.02%
Accounts payable 8.70% 9.79% 10.27%
Taxes payable 0.41% 0.78% 1.59%
Accrued liabilities 12.30% 13.24% 10.70%
Other current liabilities 0.91% 0.00% 1.42%
Total current liabilities 23.33% 26.39% 24.99%
Non-current liabilities 0.00% 0.00% 0.00%
Long-term debt 3.09% 1.84% 1.47%
Deferred taxes liabilities 5.93% 6.14% 6.41%
Other long-term liabilities 0.00% 0.00% 0.00%
Total non-current liabilities 9.02% 7.98% 7.88%
Total liabilities 32.36% 34.37% 32.87%
Stockholders' equity 0.00% 0.00% 0.00%
Common stock 0.02% 0.02% 0.02%
Additional paid-in capital 23.86% 26.30% 30.01%
Retained earnings 42.28% 38.68% 36.13%
Accumulated other comprehensive income 1.49% 0.63% 0.96%
Total stockholders' equity 67.65% 65.63% 67.13%
Total liabilities and stockholders' equity 100.00% 100.00% 100.00%

Assets
Current assets
Cash
Cash and cash equivalents -36.51% 18.52%
Short-term investments 24.96% -44.25%
Total cash -11.82% -17.21%
Receivables 18.42% 4.53%
Inventories 33.02% 23.39%
Deferred income taxes 25.30% -12.18%
Prepaid expenses -32.04% 46.46%
Total current assets 3.08% 2.07%
Non-current assets #DIV/0! #DIV/0!
Property plant and equipment #DIV/0! #DIV/0!
Gross property plant and equipment 11.75% 6.89%
Accumulated Depreciation 13.55% 6.23%
Net property plant and equipment 9.47% 7.75%
Goodwill 9.04% -1.95%
Intangible assets 4.28% 9.86%
Deferred income taxes 2.29% 2.80%
Total non-current assets 6.97% 6.30%
Total assets 4.02% 3.11%
Liabilities and stockholders' equity #DIV/0! #DIV/0!
Liabilities #DIV/0! #DIV/0!
Current liabilities #DIV/0! #DIV/0!
Short-term debt 165.07% -59.43%
Accounts payable 17.15% 8.10%
Taxes payable 98.31% 110.26%
Accrued liabilities 11.89% -16.68%
Other current liabilities -100.00% #DIV/0!
Total current liabilities 17.66% -2.35%
Non-current liabilities #DIV/0! #DIV/0!
Long-term debt -38.12% -17.39%
Deferred taxes liabilities 7.72% 7.60%
Other long-term liabilities #DIV/0! #DIV/0!
Total non-current liabilities -7.99% 1.84%
Total liabilities 10.48% -1.38%
Stockholders' equity #DIV/0! #DIV/0!
Common stock 0.00% 0.00%
Additional paid-in capital 14.62% 17.67%
Retained earnings -4.84% -3.67%
Accumulated other comprehensive income -55.81% 56.84%
Total stockholders' equity 0.91% 5.47%
Total liabilities and stockholders' equity 4.02% 3.11%
2013-05 2014-05
25313 27799
14279 15353
11034 12446

7780 8766
7780 8766
3254 3680

18 -136
3272 3544
808 851
2464 2693
21
2485 2693

2013-05 2014-05
100.00% 100.00%
56.41% 55.23%
43.59% 44.77%
0.00% 0.00%
30.74% 31.53%
30.74% 31.53%
12.86% 13.24%
0.00% 0.00%
0.07% -0.49%
12.93% 12.75%
3.19% 3.06%
9.73% 9.69%

2013-05 2014-05
4.91% 9.82%
4.55% 7.52%
5.38% 12.80%

4.70% 12.67%
4.70% 12.67%
7.04% 13.09%

-131.58% -855.56%
9.69% 8.31%
6.32% 5.32%
10.84% 9.29%
2013-05 2014-05

3337 2220
2628 2922
5965 5142
3117 3434
3434 3947
308 355
802 818
13626 13696

5500 6220
-3048 -3386
2452 2834
131 131
382 282
993 1651
3958 4898
17584 18594

178 174
1646 1930
290 636
1572 1993
240 294
3926 5027

1210 1199
1292 1544

2502 2743
6428 7770

3 3
5184 5865
5695 4871
274 85
11156 10824
17584 18594
 18.98% 11.94%
14.95% 15.71%
33.92% 27.65%
17.73% 18.47%
19.53% 21.23%
1.75% 1.91%
4.56% 4.40%
77.49% 73.66%
0.00% 0.00%
0.00% 0.00%
31.28% 33.45%
-17.33% -18.21%
13.94% 15.24%
0.74% 0.70%
2.17% 1.52%
5.65% 8.88%
22.51% 26.34%
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
1.01% 0.94%
9.36% 10.38%
1.65% 3.42%
8.94% 10.72%
1.36% 1.58%
22.33% 27.04%
0.00% 0.00%
6.88% 6.45%
7.35% 8.30%
0.00% 0.00%
14.23% 14.75%
36.56% 41.79%
0.00% 0.00%
0.02% 0.02%
29.48% 31.54%
32.39% 26.20%
1.56% 0.46%
63.44% 58.21%
100.00% 100.00%
 44.02% -33.47%
82.50% 11.19%
58.77% -13.80%
-4.97% 10.17%
2.51% 14.94%
12.41% 15.26%
-7.82% 2.00%
18.17% 0.51%
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
4.88% 13.09%
2.80% 11.09%
7.59% 15.58%
-34.83% 0.00%
-28.60% -26.18%
8.05% 66.26%
0.61% 23.75%
13.70% 5.74%
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
#DIV/0! #DIV/0!
13.38% -2.25%
3.65% 17.25%
17.89% 119.31%
-4.96% 26.78%
9.09% 22.50%
1.58% 28.04%
#DIV/0! #DIV/0!
430.70% -0.91%
30.37% 19.50%
#DIV/0! #DIV/0!
105.25% 9.63%
26.44% 20.88%
#DIV/0! #DIV/0!
0.00% 0.00%
11.70% 13.14%
1.91% -14.47%
83.89% -68.98%
7.47% -2.98%
13.70% 5.74%
NIKE INC CLASS B (NKE) CashFlowFlag BALANCE SHEET
Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05
Assets
Current assets
Cash
Cash and cash equivalents 3079 1955 2317
Short-term investments 2067 2583 1440
Total cash 5146 4538 3757
Receivables 2650 3138 3280
Inventories 2041 2715 3350
Deferred income taxes 249 312 274
Prepaid expenses 874 594 870
Total current assets 10959 11297 11531
Non-current assets
Property plant and equipment
Gross property plant and equipment 4390 4906 5244
Accumulated Depreciation -2458 -2791 -2965
Net property plant and equipment 1932 2115 2279
Goodwill 188 205 201
Intangible assets 467 487 535
Deferred income taxes 874 894 919
Total non-current assets 3460 3701 3934
Total assets 14419 14998 15465
Liabilities and stockholders' equity
Liabilities
Current liabilities
Short-term debt 146 387 157
Accounts payable 1254 1469 1588
Taxes payable 59 117 246
Accrued liabilities 1774 1985 1654
Other current liabilities 131 220
Total current liabilities 3364 3958 3865
Non-current liabilities
Long-term debt 446 276 228
Deferred taxes liabilities 855 921 991
Other long-term liabilities 0
Total non-current liabilities 1301 1197 1219
Total liabilities 4666 5155 5084
Stockholders' equity
Common stock 3 3 3
Additional paid-in capital 3441 3944 4641
Retained earnings 6096 5801 5588
Accumulated other comprehensive income 215 95 149
Total stockholders' equity 9754 9843 10381
Total liabilities and stockholders' equity 14419 14998 15465

NIKE INC CLASS B (NKE) CashFlowFlag BALANCE SHEET

Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05

Assets
Current assets
Cash
Cash and cash equivalents 21.35% 13.04% 14.98%
Short-term investments 14.34% 17.22% 9.31%
Total cash 35.69% 30.26% 24.29%
Receivables 18.38% 20.92% 21.21%
Inventories 14.15% 18.10% 21.66%
Deferred income taxes 1.73% 2.08% 1.77%
Prepaid expenses 6.06% 3.96% 5.63%
Total current assets 76.00% 75.32% 74.56%
Non-current assets 0.00% 0.00% 0.00%
Property plant and equipment 0.00% 0.00% 0.00%
Gross property plant and equipment 30.45% 32.71% 33.91%
Accumulated Depreciation -17.05% -18.61% -19.17%
Net property plant and equipment 13.40% 14.10% 14.74%
Goodwill 1.30% 1.37% 1.30%
Intangible assets 3.24% 3.25% 3.46%
Deferred income taxes 6.06% 5.96% 5.94%
Total non-current assets 24.00% 24.68% 25.44%
Total assets 100.00% 100.00% 100.00%
Liabilities and stockholders' equity 0.00% 0.00% 0.00%
Liabilities 0.00% 0.00% 0.00%
Current liabilities 0.00% 0.00% 0.00%
Short-term debt 1.01% 2.58% 1.02%
Accounts payable 8.70% 9.79% 10.27%
Taxes payable 0.41% 0.78% 1.59%
Accrued liabilities 12.30% 13.24% 10.70%
Other current liabilities 0.91% 0.00% 1.42%
Total current liabilities 23.33% 26.39% 24.99%
Non-current liabilities 0.00% 0.00% 0.00%
Long-term debt 3.09% 1.84% 1.47%
Deferred taxes liabilities 5.93% 6.14% 6.41%
Other long-term liabilities 0.00% 0.00% 0.00%
Total non-current liabilities 9.02% 7.98% 7.88%
Total liabilities 32.36% 34.37% 32.87%
Stockholders' equity 0.00% 0.00% 0.00%
Common stock 0.02% 0.02% 0.02%
Additional paid-in capital 23.86% 26.30% 30.01%
Retained earnings 42.28% 38.68% 36.13%
Accumulated other comprehensive income 1.49% 0.63% 0.96%
Total stockholders' equity 67.65% 65.63% 67.13%
Total liabilities and stockholders' equity 100.00% 100.00% 100.00%
NIKE INC CLASS B (NKE) CashFlowFlag BALANCE SHEET
Fiscal year ends in May. USD in millions except per share data. 2010-05 2011-05 2012-05

Assets
Current assets
Cash
Cash and cash equivalents -36.51% 18.52%
Short-term investments 24.96% -44.25%
Total cash -11.82% -17.21%
Receivables 18.42% 4.53%
Inventories 33.02% 23.39%
Deferred income taxes 25.30% -12.18%
Prepaid expenses -32.04% 46.46%
Total current assets 3.08% 2.07%
Non-current assets
Property plant and equipment
Gross property plant and equipment 11.75% 6.89%
Accumulated Depreciation 13.55% 6.23%
Net property plant and equipment 9.47% 7.75%
Goodwill 9.04% -1.95%
Intangible assets 4.28% 9.86%
Deferred income taxes 2.29% 2.80%
Total non-current assets 6.97% 6.30%
Total assets 4.02% 3.11%
Liabilities and stockholders' equity
Liabilities
Current liabilities
Short-term debt 165.07% -59.43%
Accounts payable 17.15% 8.10%
Taxes payable 98.31% 110.26%
Accrued liabilities 11.89% -16.68%
Other current liabilities -100.00% #DIV/0!
Total current liabilities 17.66% -2.35%
Non-current liabilities
Long-term debt -38.12% -17.39%
Deferred taxes liabilities 7.72% 7.60%
Other long-term liabilities
Total non-current liabilities -7.99% 1.84%
Total liabilities 10.48% -1.38%
Stockholders' equity
Common stock 0.00% 0.00%
Additional paid-in capital 14.62% 17.67%
Retained earnings -4.84% -3.67%
Accumulated other comprehensive income -55.81% 56.84%
Total stockholders' equity 0.91% 5.47%
Total liabilities and stockholders' equity 4.02% 3.11%
2013-05 2014-05

3337 2220
2628 2922
5965 5142
3117 3434
3434 3947
308 355
802 818
13626 13696

5500 6220
-3048 -3386
2452 2834
131 131
382 282
993 1651
3958 4898
17584 18594

178 174
1646 1930
290 636
1572 1993
240 294
3926 5027

1210 1199
1292 1544

2502 2743
6428 7770

3 3
5184 5865
5695 4871
274 85
11156 10824
17584 18594
2013-05 2014-05

18.98% 11.94%
14.95% 15.71%
33.92% 27.65%
17.73% 18.47%
19.53% 21.23%
1.75% 1.91%
4.56% 4.40%
77.49% 73.66%
0.00% 0.00%
0.00% 0.00%
31.28% 33.45%
-17.33% -18.21%
13.94% 15.24%
0.74% 0.70%
2.17% 1.52%
5.65% 8.88%
22.51% 26.34%
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
1.01% 0.94%
9.36% 10.38%
1.65% 3.42%
8.94% 10.72%
1.36% 1.58%
22.33% 27.04%
0.00% 0.00%
6.88% 6.45%
7.35% 8.30%
0.00% 0.00%
14.23% 14.75%
36.56% 41.79%
0.00% 0.00%
0.02% 0.02%
29.48% 31.54%
32.39% 26.20%
1.56% 0.46%
63.44% 58.21%
100.00% 100.00%
2013-05 2014-05

44.02% -33.47%
82.50% 11.19%
58.77% -13.80%
-4.97% 10.17%
2.51% 14.94%
12.41% 15.26%
-7.82% 2.00%
18.17% 0.51%

4.88% 13.09%
2.80% 11.09%
7.59% 15.58%
-34.83% 0.00%
-28.60% -26.18%
8.05% 66.26%
0.61% 23.75%
13.70% 5.74%

13.38% -2.25%
3.65% 17.25%
17.89% 119.31%
-4.96% 26.78%
9.09% 22.50%
1.58% 28.04%

430.70% -0.91%
30.37% 19.50%

105.25% 9.63%
26.44% 20.88%

0.00% 0.00%
11.70% 13.14%
1.91% -14.47%
83.89% -68.98%
7.47% -2.98%
13.70% 5.74%