|
FY18 GAAP Net Income Guidance based on Adjusted EBITDA Guidance |
|||
| Fiscal Year End 2018 | |||
| (in millions) | |||
| GAAP Net Income Attributable to AECOM Guidance* | $404 | ||
| Adjusted Net Income Attributable to AECOM Excludes: | |||
| Amortization of intangible assets, net of NCI | $90 | ||
| Financing charges in interest expense | $17 | ||
| Tax effect of the above items** | ($30) | ||
| Revaluation of deferred taxes and one-time tax repatriation charges associated with U.S. tax reform | ($42) | ||
| Adjusted Net Income Attributable to AECOM | $439 | ||
| Adjusted EBITDA Excludes: | |||
| Interest Expense | $210 | ||
| Interest Income | ($4) | ||
| Depreciation | $150 | ||
| Taxes | $113 | ||
| Adjusted EBITDA Guidance | $910 | ||
*Calculated based on the mid-point of AECOM’s fiscal year 2018 EPS guidance.
**The adjusted tax expense differs from the GAAP tax expense based on the deductibility and tax rate applied to each of the adjustments.
Note: the components in this table may not sum to the total due to rounding.
|
FY18 GAAP Tax Rate Guidance based on Adjusted Tax Rate Guidance |
|||
| Fiscal Year End 2018 | |||
| GAAP Tax Rate Guidance | 8% | ||
| Tax rate impact from adjustments to GAAP earnings | 10% | ||
| Tax rate impact from inclusion of NCI deduction | 2% | ||
| Effective Tax Rate for Adjusted Earnings Guidance | 20% | ||
|
FY18 GAAP Interest Expense Guidance based on Adjusted Interest Expense Guidance |
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| Fiscal Year End 2018 | |||
| (in millions) | |||
| GAAP Interest Expense Guidance | $227 | ||
| Financing charge in interest expense | $17 | ||
| Adjusted Interest Expense Guidance | $210 | ||
View source version on businesswire.com: http://www.businesswire.com/news/home/20180206005511/en/
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