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		Accenture - Financial Results						Apr-05
			(Fiscal year end: Aug 31)
		2005e	% of	Change	2004	% of	2003	% of
		($ Mill)	Rev	05/04	($ Mill)	Rev	($ Mill)	Rev
Revenue (by industry)
Products		$3,500	22.6%	17.5%	$2,979	21.8%	$2,613	22.1%
		$900	5.8%	4.7%	$860	6.3%	$880	7.4
		$1,130	7.3%	9.7%	$1,030	7.5%	$940	8.0%
		$1,470	9.5%	35.0%	$1,089	8.0%	$793	6.7%
Financial Services		$3,400	21.9%	22.7%	$2,771	20.3%	$2,355	19.9%
Government		$2,200	14.2%	10.3%	$1,995	14.6%	$1,582	13.4%
Communications & High Tech		$3,970	25.6%	6.1%	$3,741	27.4%	$3,290	27.8%
Resources		$2,420	15.6%	11.1%	$2,179	15.9%	$1,966	16.6%
Other		$10	0.1%	11.0%	$9	0.1%	$12	0.1%
Net Revenue		$15,500	100.0%	13.4%	$13,674	100.0%	$11,818	100.0%
Annual change		13.4%			15.7%		2.1%
Reimbursements		$1,500			$1,440		$1,579
	2Q Actual:	$3,814		15.5%	$3,302
Costs
Cost of Revenue		$10,540	68.0%	16.4%	$9,057	64.0%	$7,508	64.0%
Reimbursable Costs		$1,500	9.7%	4.2%	$1,440	10.5%	$1,579	13.4%
Total Costs		$12,040	77.7%	14.7%	$10,497	76.8%	$9,087	76.9%
Gross Profit/Margin		$4,960	32.0%	7.4%	$4,616	33.8%	$4,310	36.5%
	2Q Actual:	$1,175	30.8%	7.8%	$1,090	33.0%
Expenses
Sales & Marketing		$1,630	10.5%	9.5%	$1,488	10.9%	$1,458	12.3%
Restructuring charges (benefits)		($30)	-0.2%		$29	0.2%	($19)	-0.2%
Gen. & Administration		$1,470	9.5%	9.7%	$1,340	9.8%	$1,320	11.2%
Total Expenses		$3,070	19.8%	7.4%	$2,858	20.9%	$2,759	23.3%
Operating Profit (Loss)		$1,890	12.2%	7.5%	$1,759	12.9%	$1,551	13.1%
	2Q Actual:	$472	12.4%	53.5%	$307	9.3%
Other Income (Loss)		$40	0.3%	0.0%	$40	0.3%	$62	0.5%
Income (Loss) Before Tax		$1,930	12.5%	7.3%	$1,799	13.2%	$1,613	13.6%
Income Tax		$675	35.0%	17.4%	$576	32.0%	$566	35.1%
Accounting change, minority interests		($532)			($532)		($548)
Net Income (Loss)		$722	4.7%	4.6%	$691	5.1%	$498	4.2%
	2Q Actual:	$210	5.5%	70.4%	$123	3.7%
		Source: Annex Research