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Financial Report of NIKE

Company’s Introduction Nike, the Greek goddess of victory, helped others succeed in times of war. NIKE, the world's top shoemaker, does more dominating than assisting, to capture more than 20% of the US athletic shoe market. The company designs and sells shoes for a variety of sports, including baseball, cheerleading, golf, volleyball, hiking, tennis, and football. NIKE also sells Cole Haan dress and casual shoes and a line of athletic apparel and equipment. In addition, it operates NIKETOWN shoe and sportswear stores, NIKE factory outlets, and NIKE Women shops. NIKE sells its products throughout the US and in more than 160 other countries. NIKE veteran Mark Parker succeeded Bill Perez, who resigned in 2006, as president and CEO.

Key People Chairman: Philip H. Knight


President, CEO, and Director: Mark G. Parker VP and CFO: Donald W. Blair

Contact Information Phone: 503-671-6453 Fax: 503-671-6300

Financial Highlights Fiscal Year End:

May

Revenue (2006):

14954.90 M

Revenue Growth (1 yr):

8.80%

Employees (2006):

28,000

Employee Growth (1 yr): 7.70%

Balance Sheet of Nike (Amounts are in thousands) PERIOD ENDING

31-May-06 31-May-05

31-May-04

Assets Current Assets Cash and Cash Equivalents

954,200

1,388,100

828,000

Short Term Investments

1,348,800

436,600

400,800

Net Receivables

2,599,200

2,372,300

Inventory

2,076,700

1,811,100

1,633,600

Other Current Assets

380,100

343,000

364,400

2,285,200

2


Total Current Assets

7,359,000

6,351,100 5,512,000

Long Term Investments

-

Property Plant and Equipment

1,657,700 1,605,800 1,586,900

Goodwill

130,800

135,400

135,400

Intangible Assets

405,500

406,100

366,300

Accumulated Amortization

-

-

-

Other Assets

-

-

-

295,200

291,000

Deferred Long Term Asset Charges 316,600 Total Assets

-

-

9,869,600 7,891,600 8,793,600

Liabilities Current Liabilities Accounts Payable

2,368,000 1,993,000 1,861,100

Short/Current Long Term Debt

255,300

6,200

147,900

Other Current Liabilities

-

-

-

Total Current Liabilities

2,623,300 1,999,200 2,009,000

Long Term Debt

410,700

687,300

682,400

Other Liabilities

-

-

-

550,100

462,600

Deferred Long Term Liability Charges 418,200 Minority Interest

-

-

-

Negative Goodwill

-

-

-

Total Liabilities

3,584,100

3,149,100

3,109,600

Stockholders' Equity Misc Stocks Options Warrants

-

-

-

Redeemable Preferred Stock

300

300

300

Preferred Stock

-

-

-

Common Stock

2,800

2,800

2,800


Retained Earnings

4,713,400

4,396,500

3,982,900 Treasury Stock

-

-

-

Capital Surplus

1,451,400

1,182,900

887,800

Other Stockholder Equity

117,600

62,000

(91,800)

Total Stockholder Equity

6,285,200

5,644,200

4,781,700

Net Tangible Assets

5,748,900

5,102,700

4, 280, 00

Cash Flow Statement of Nike (All amounts are in thousands) PERIOD ENDING

31-May-06

Net Income

31-May-05

1,392,000

31-May-04

1,211,600

945,600

Operating Activities, Cash Flows Provided By or Used In Depreciation

290,900

287,700

310,400

Adjustments to Net Income

28,200

84,400

66,200

Changes in Accounts Receivables

(85,100) (93,500) 82,500

Changes in Liabilities

279,400

Changes in Inventories

(200,300) (103,300) (55,900)

Changes in Other Operating Activities

(37,200) 71,400

112,400

269,100

(103,500) Total Cash Flow from Operating Activities 1,667,900

1,570,700

1,514,400

Investing Activities, Cash Flows Provided By or Used In Capital Expenditures

(333,700) (257,100) (213,900)

Investments

(909,900) (35,300) (401,700)

Other Cash flows from Investing Activities (33,000)(68,000)(330,900) 4


Total Cash Flows from Investing Activity (1,276,600)

(360,400)

(946,500)

Financing Activities, Cash Flows Provided By or Used In Dividends Paid

(290,900) (236,700)

(179,200) Sale Purchase of Stock

(535,800) (329,400) (166,200)

Net Borrowings

(24,200) (90,900) (53,100)

Other Cash Flows from Financing Activities

-

-

-

Total Cash Flows from Financing Activities (850,900) Effect of Exchange Rate Changes

(657,000) (398,500)

25,700

6,800

24,600

Nike Shares Direct competitor comparison NKE

ADDYY.PK

Pvt1 Pvt2

Industry

883.02M

Market Captured:

27.03B N/A

N/A N/A

Employees:

28,000 N/A

N/A 2,800 543

Quarterly Revenue Growth:

8.70%

N/A N/A

N/A

8.80% Revenue:

15.95B N/A

N/A 1.54B 451.89M

Gross Margin:

43.86% N/A

N/A N/A

41.04%

Operational Margins:

12.58% N/A

N/A N/A

10.85%

Net Income:

1.39B

N/A

N/A N/A

35.93M

Earnings per Share:

2.703

N/A

N/A N/A

1.52


Intraday performance summary of Nike

Direct Share holders Holder

Shares

Reported

HAYES DELBERT J

552,900

16-Jun-05

HOUSER DOUGLAS G

155,374

16-Apr-07

PARKER MARK G

137,554

9-Apr-07

PEREZ WILLIAM D

109,684

28-Dec-05

DENUNZIO RALPH D

78,400

19-Jan-07

Top Institutional Share holders Holder

Shares

% Out

Value*

Reported

MASSACHUSETTS FINANCIAL SERVICES CO - OTHER

20,794,532

4.13 $2,209,626,970

31-Mar07

FMR CORPORATION (FIDELITY MANAGEMENT & RESEARCH CORP)

14,446,638

2.87 $1,535,099,753

31-Mar07

DODGE & COX INC

12,493,200

2.48 $1,327,527,432

31-Mar-

6


07 JENNISON ASSOCIATES 12,473,238 LLC

2.47 $1,325,406,269

31-Mar07

Barclays Global Investors UK Holdings Ltd

11,397,708

2.26 $1,211,120,452

31-Mar07

STATE STREET CORPORATION

11,255,614

2.23 $1,196,021,543

31-Mar07

Calamos Advisors LLC

10,395,470

2.06 $1,104,622,642

31-Mar07

LEGG MASON INC.

10,221,358

2.03 $1,086,121,501

31-Mar07

VANGUARD GROUP, INC. 10,074,700 (THE)

2.00 $1,070,537,622

31-Mar07

NET SHARE PURCHASE ACTIVITY Insider Purchases - Last 6 Months Purchases

Shares N/A

Trans 0

Sales

5,341,640

36

(Sold)

(5,341,640)

36

Total Insider Shares Held

20.29M

N/A

(20.8%)

N/A

Net Shares Purchased

% Net Shares Purchased (Sold)

Other Share holders of Nike Individual/Entity BIRD LEWIS L III Officer

BLAIR DONALD W

Most Recent Trans. Automatic Purchase

Shares Owned as of Trans. Date

14-Jul-06

9,523 14-Jul-06

Option Exercise

35,280


Officer

31-May-07

31-May-07

BUCKLEY MARY KATE

Sale 24-Oct-06

10,665 24-Oct-06

Officer

CHEEK CRAIG Officer

CLARKE THOMAS E Officer

COLEMAN WESLEY A Officer

CONWAY JILL K Director

DENSON CHARLES D Officer

DENUNZIO RALPH D Director

DESTEFANO GARY Officer

EDWARDS TREVOR A Officer

GROSSMAN MINDY F Officer

HAYES DELBERT J Director

HELFANT ADAM S Officer

HIDALGO JOAQUIN Officer

HILL ELLIOTT Officer

HOUSER DOUGLAS G

Automatic Sale 27-Sep-06

Sale 11-Jan-06

Sale 27-Sep-06

3,814 27-Sep-06 0 11-Jan-06 14,521 27-Sep-06

Disposition (Non Open Market)

18,568

30-Sep-05

30-Sep-05

Automatic Sale

24,042 16-Feb-07

16-Feb-07

Sale 19-Jan-07

Automatic Sale 29-Dec-06

Sale 25-Jul-06

Automatic Sale 31-Jan-06

Automatic Sale 16-Jun-05

Automatic Purchase 14-Jul-06

Automatic Sale 23-Apr-07

Option Exercise 29-Dec-06

Automatic Sale

78,400 19-Jan-07 37,371 29-Dec-06 22,762 25-Jul-06 10,007 31-Jan-06 552,900 16-Jun-05 20,205 14-Jul-06 3,814 23-Apr-07 6,348 29-Dec-06

16-Apr-07

155,374 16-Apr-07

Disposition (Non Open Market)

6,835 12-Mar-07

Director

KNIGHT PHILIP H Director

12-Mar-07

MCLAUGHLIN P 8

Disposition (Non Open

21,188


EUNAN

Market)

Officer

18-Jul-06

OLIVET D SCOTT

18-Jul-06

Disposition (Non Open Market)

Officer

13,227 15-Jul-05

15-Jul-05

PARKER MARK G

Option Exercise 9-Apr-07

137,554 9-Apr-07

Disposition (Non Open Market)

109,684 28-Dec-05

Officer

PEREZ WILLIAM D Officer

28-Dec-05

SPRUNK ERIC D

Option Exercise

Officer

19,882 11-Apr-07

11-Apr-07

STEWART LINDSAY D

Sale

11,916 4-Jan-07

4-Jan-07

Officer

THOMPSON JOHN R JR

Option Exercise

4,000 12-Jan-07

12-Jan-07

Director

VAN ALEBEEK HANS Officer

Option Exercise

9,979 28-Dec-06

28-Dec-06

WOLFRAM ROLAND P Disposition (Non Open Officer Market)

12,896 19-Apr-07

19-Apr-07

WYETT ROGER

Automatic Purchase

Officer

9,523 14-Jul-06

14-Jul-06

Shares Transactions of Nike INSIDER TRANSACTIONS REPORTED

Date

Insider

31-May-07 BLAIR DONALD W Officer

31-May-07 BLAIR DONALD W Officer

Shares

Type

30,000 Direct

Transaction

Value*

Option Exercise at $22.25 per share.

$667,500

30,000 Direct Automatic Sale $1,695,000 at $56.50 per share.


7-May-07

BLAIR DONALD W

30,000 Direct

Officer

7-May-07

BLAIR DONALD W Officer

23-Apr-07 HIDALGO JOAQUIN Officer

19-Apr-07 WOLFRAM ROLAND P

Officer

16-Apr-07 HOUSER DOUGLAS G

$667,500

30,000 Direct Automatic Sale $1,620,000 at $54 per share. 638 Indirect Automatic Sale at $53.51 per share. 1,997 Indirect

Officer

19-Apr-07 WOLFRAM ROLAND P

Option Exercise at $22.25 per share.

Disposition (Non Open Market) at $53.48 per share.

$34,139

$106,799

3,298 Direct Automatic Sale at $53.37 per share.

$176,014

10,000 Direct Automatic Sale at $53.79 per share.

$537,900

Director

11-Apr-07 SPRUNK ERIC D

8,000 Direct

Option Exercise at $27.13 per share.

$217,040

8,000 Direct

Sale at $53.95 - $53.97 per share.

$432,000

52,500 Direct

Option Exercise at $27.13 per share.

$1,424,325

52,500 Direct

Sale at $54 per share.

$2,835,000

52,500 Direct

Option Exercise at $27.13 per share.

$1,424,325

Officer

11-Apr-07 SPRUNK ERIC D Officer

9-Apr-07

PARKER MARK G Officer

9-Apr-07

PARKER MARK G

2

Officer

4-Apr-07

PARKER MARK G Officer

10


4-Apr-07

PARKER MARK G

52,500 Direct

Sale at $53.50 per share.

$2,808,750

30,000 Direct

Option Exercise at $30.64 $40.48 per share.

N/A

Officer

3-Apr-07

HOUSER DOUGLAS G Director

3-Apr-07

HOUSER DOUGLAS G

40,000 Direct

Sale at $53.19 $2,128,000 - $53.23 per share.

2

Director

12-Mar-07 KNIGHT PHILIP H

1,600 Direct

Disposition (Non Open Market) at $0 per share.

N/A

1,600 Direct

Automatic Purchase at $0 per share.

N/A

Director

12-Mar-07 KNIGHT PHILIP H Director

16-Feb-07 PARKER MARK G Officer

16-Feb-07 DENSON CHARLES D

1,798 Direct Automatic Sale at $105.51 per share.

$189,706

701 Direct Automatic Sale at $105.51 per share.

$73,962

1,700 Direct Automatic Sale at $104.44 $105.54 per share.

$178,000

Officer

13-Feb-07 KNIGHT PHILIP H Director

13-Feb-07 KNIGHT PHILIP H Director

13-Feb-07 KNIGHT PHILIP H Director

13-Feb-07 KNIGHT PHILIP H Director

2

102,200 Direct Automatic Sale $10,767,000 at $105.21 $105.5 per share. 80,378 Direct Automatic Sale $8,444,000 at $104.91 $105.2 per share. 44,000 Direct Automatic Sale $4,603,000 at $104.34 $104.9 per

2

2

2


share. 13-Feb-07 KNIGHT PHILIP H Director

12-Feb-07 KNIGHT PHILIP H Director

12-Feb-07 KNIGHT PHILIP H Director

12-Feb-07 KNIGHT PHILIP H Director

12-Feb-07 KNIGHT PHILIP H Director

9-Feb-07

KNIGHT PHILIP H Director

9-Feb-07

KNIGHT PHILIP H Director

9-Feb-07

KNIGHT PHILIP H Director

9-Feb-07

KNIGHT PHILIP H Director

8-Feb-07

12

KNIGHT PHILIP H

700 Direct Automatic Sale at $104.32 $104.33 per share.

$73,000

2

66,415 Direct Automatic Sale $6,926,000 at $104.14 $104.42 per share. 61,600 Direct Automatic Sale $6,405,000 at $103.84 $104.13 per share.

2

2

101,900 Direct Automatic Sale $10,566,000 at $103.54 $103.83 per share. 39,200 Direct Automatic Sale $4,053,000 at $103.24 $103.53 per share. 10,800 Direct Automatic Sale $1,124,000 at $104.03 $104.09 per share. 33,400 Direct Automatic Sale $3,469,000 at $103.73 $104.02 per share. 60,900 Direct Automatic Sale $6,288,000 at $103.07 $103.42 per share.

2

2

2

2

231,508 Direct Automatic Sale $23,978,000 at $103.43 $103.72 per share. 78,080 Direct Automatic Sale $8,079,000 at $103.34 -

2

2

2


$103.61 per share.

Director

8-Feb-07

KNIGHT PHILIP H Director

8-Feb-07

KNIGHT PHILIP H Director

8-Feb-07

KNIGHT PHILIP H Director

8-Feb-07

KNIGHT PHILIP H Director

7-Feb-07

KNIGHT PHILIP H Director

7-Feb-07

KNIGHT PHILIP H Director

7-Feb-07

KNIGHT PHILIP H Director

7-Feb-07

KNIGHT PHILIP H Director

7-Feb-07

KNIGHT PHILIP H Director

6-Feb-07

KNIGHT PHILIP H Director

56,900 Direct Automatic Sale $5,871,000 at $103.04 $103.33 per share. 44,700 Direct Automatic Sale $4,581,000 at $102.24 $102.73 per share. 100 Direct

Sale at $102.28 per share.

2

2

$10,228

75,600 Direct Automatic Sale $7,778,000 at $102.74 $103.03 per share. 108,764 Direct Automatic Sale $11,189,000 at $102.74 $103 per share. 72,100 Direct Automatic Sale $7,396,000 at $102.44 $102.73 per share. 26,926 Direct Automatic Sale $2,754,000 at $102.14 $102.43 per share. 18,174 Direct Automatic Sale $1,853,000 at $101.82 $102.13 per share. 16,200 Direct Automatic Sale $1,646,000 at $101.42 $101.81 per share. 38,692 Direct Automatic Sale $3,915,000 at $101.12 $101.26 per

2

2

2

2

2


share. 6-Feb-07

KNIGHT PHILIP H Director

6-Feb-07

KNIGHT PHILIP H Director

6-Feb-07

KNIGHT PHILIP H Director

6-Feb-07

KNIGHT PHILIP H Director

6-Feb-07

KNIGHT PHILIP H Director

5-Feb-07

KNIGHT PHILIP H Director

5-Feb-07

KNIGHT PHILIP H Director

5-Feb-07

KNIGHT PHILIP H Director

5-Feb-07

KNIGHT PHILIP H Director

5-Feb-07

KNIGHT PHILIP H Director

14

34,200 Direct Automatic Sale $3,453,000 at $100.81 $101.11 per share. 14,700 Direct Automatic Sale $1,479,000 at $100.45 $100.79 per share. 21,700 Direct Automatic Sale $2,176,000 at $100.15 $100.44 per share. 14,500 Direct Automatic Sale $1,444,000 at $99.42 $99.82 per share. 30,400 Direct Automatic Sale $3,040,000 at $99.83 $100.14 per share. 4,300 Direct Automatic Sale at $99.94 $100.24 per share.

$430,000

2

2

2

2

2

2

28,300 Direct Automatic Sale $2,822,000 at $99.50 $99.93 per share. 44,511 Direct Automatic Sale $4,422,000 at $99.20 $99.49 per share. 35,200 Direct Automatic Sale $3,486,000 at $98.90 $99.19 per share. 22,700 Direct Automatic Sale $2,242,000 at $98.60 $98.89 per

2

2

2

2


share. 5-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

2-Feb-07

KNIGHT PHILIP H Director

1-Feb-07

KNIGHT PHILIP H Director

1-Feb-07

KNIGHT PHILIP H Director

1-Feb-07

KNIGHT PHILIP H Director

1-Feb-07

KNIGHT

16,100 Direct Automatic Sale $1,586,000 at $98.45 $98.59 per share. 200 Direct

Sale at $101.32 per share.

$20,264

2,200 Direct Automatic Sale at $101.20 $101.38 per share.

$223,000

2

9,100 Direct Automatic Sale at $100.75 $101.19 per share.

$919,000

2

23,700 Direct Automatic Sale $2,384,000 at $100.44 $100.74 per share. 44,191 Direct Automatic Sale $4,418,000 at $99.84 $100.13 per share. 51,500 Direct Automatic Sale $5,165,000 at $100.14 $100.43 per share. 200 Direct Automatic Sale at $100.98 per share.

2

2

2

2

$20,196

40,400 Direct Automatic Sale $4,073,000 at $100.67 $100.96 per share. 83,100 Direct Automatic Sale $8,328,000 at $100.07 $100.36 per share. 96,500 Direct Automatic Sale $9,700,000

2

2

2


PHILIP H

at $100.37 $100.66 per share.

Director

1-Feb-07

KNIGHT PHILIP H Director

1-Feb-07

KNIGHT PHILIP H Director

45,200 Direct Automatic Sale $4,516,000 at $99.77 $100.06 per share. 21,100 Direct Automatic Sale $2,101,000 at $99.43 $99.76 per share.

Recent Products of Nike

Nike Air Classic BW SI£95.00

Nike Air Max PM £80.00

Nike Shox AM £95.00 Nike Swoosh Long Sleeve TShirt £20.00

16

Nike Shox NZ Premium £110.00

Nike Shox QVida High £115.00

2

2


Nike Woven Warm Up Suit £65.00

Nike Full Zip Jacket £40.00

Nike Enchantment £36.00

Recent Products of Nike

Nike Tennis Classic £50.00

Nike Prep Low Profile £60.00

Nike Studio Woven Pants £40.00

Nike Zip Top £38.00

Nike Prep Low Profile £65.00

Nike Dart £39.00


Nike Shox Rivalary £80.00

Nike Roubaix £60.00

Nike Studio Cover Up Top £40.00

Recent Products of Nike

Nike Court Tradition £55.00

Nike Dart £39.00

18

Nike Air Max Tailwind £105.00

Nike Shox Q'vida From £55.00

Nike Air Max 360 From £87.50

Nike Zip Top From £20.50


Nike Sprint Sister V From £36.00

Nike Sprint Sister II From £44.00

Nike T-Shirt From £16.00

Recent Products of Nike

Nike Court Tradition £55.00 Nike Woven Dance Pants From £27.00

Nike Steady £39.00

Nike Rival Shox From £45.00

Nike Sprint Sister From £33.00

Nike Street Pants From £15.00


Nike Knit Pants £28.00

Nike Sports Bra From £19.00

V-fit AG1 Air Glider From £59.99

Conclusion: As I could outline that Nike is the Global Leader Sports Shoe making. Not only that but also they make textiles and apparels. They have a strong hold in US market as well as the global market.

References: 1. www.nikeinfo.com 2. www.yahoo.com 3. www.google .com

20

Financial report of nike  

Nike, the Greek goddess of victory, helped others succeed in times of war. NIKE, the world's top shoemaker, does more dominating than assist...

Financial report of nike  

Nike, the Greek goddess of victory, helped others succeed in times of war. NIKE, the world's top shoemaker, does more dominating than assist...

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