Annual Disney Report
Shawna Breedlove
XACC/290
November 1st, 2014
Jarrame Bowers
Annual Disney Report
Disney, the name everyone knows and hears on a frequent basis. For some, they hear it every day due to kids in the home or love for the magical world. Some because they work or invest and have a large stake in the company. On Forbes list of the World’s Biggest Public Companies Disney comes in at number 100. They also come in at #185 in Sales, #86 in profit, #300 in Assets, #39 in Market Value, and #17 in World’s Most Valuable Brands.
According to the Disney Annual Report the Total Assets for the end of the most recent reporting period September 28, 2013 comes in as $81,241,000. This number is a very important number. This number can be very important to stockholders and potential stock holders as well. With numbers rising steadily over years, it shows that the company is growing at a steady rate. If the numbers had been dropping then, it would show a potential risk to stock and share holders. With these decreases, you could potentially lose a large profit and a large stake in the company. By reviewing the Balance sheet and Income statement on an annual or quarterly basis it can keep you right on track with where you want to go in regards to your role in the company as a stock or share holder. The annual report ending September 29, 2012 has a drop of assets. The Total Assets for that period came in at $74,898,000. That is a difference of $6,343,000 from 2012 to 2013 showing an increase in assets. For the annual reporting period ending September 28, 2013 the Cash and cash equivalents rings in at $3,931,000.
The amount of Accounts Payable and other accrued liabilities at the annual period ending September 28th, 2013 are $6,803,000. The amount of Accounts Payable and other accrued liabilities at the annual period ending September 29th, 2012 are $6,393,000. Bringing in a increase from 2012 to 2013 of $410,000. Over the past 3 annual reporting periods, the Net Revenues have increased more and more over that time. In 2011, the net revenue came in at $40,893,000. In 2012, the net revenue was up from the year before by $1,385,000 coming up to $42,278,000. With an even bigger increase from 2012 to 2013's reporting period, they came in at $45,041,000 with a difference of $2,763,000. Net income for Disney of 2013 was $6,636,000 and $6,173,000 in 2012. This is quite a significant difference in one year. Coming in with a difference of $463,000 this is almost half of a million dollars increase. 2014 assets seem to be coming in at higher and greater