Q2 FY24 Earnings Infographic (Graphic: Enterprise Wire)Q2 YTD FY24 Earnings Infographic (Graphic: Enterprise Wire)Revenues of $15.8 billion, flat in each U.S. {dollars} and native forex, with consulting revenues of $8.0 billion and managed providers revenues of $7.8 billionGAAP working margin of 13.0%, a rise of 70 foundation factors over the second quarter of fiscal 2023; adjusted1 working margin of 13.7%, in comparison with 13.8% final yearGAAP EPS of $2.63, a rise of 10% over the second quarter of fiscal 2023; adjusted EPS of $2.77, a rise of threepercentNEW YORK, March 21, 2024–(BUSINESS WIRE)–Accenture (NYSE: ACN) reported monetary outcomes for the second quarter of fiscal 2024 ended February 29, 2024.Julie Candy, chair and CEO, Accenture, mentioned, “In an unsure macro atmosphere, we stay the trusted companion to our shoppers for reinvention with a file 39 shoppers with quarterly bookings of over $100 million. We additionally prolonged our early lead in generative AI with $1.1 billion in new bookings within the first half of the 12 months. And we’re investing to serve the wants of our shoppers and increase our development alternatives with $2.9 billion of capital deployed within the first half in strategic acquisitions. Thanks to our greater than 740,000 individuals world wide in your dedication to delivering worth for our shoppers.”Revenues had been $15.8 billion, and had been flat in each U.S. {dollars} and native forex in comparison with the second quarter of fiscal 2023.GAAP working earnings was $2.05 billion, in comparison with $1.94 billion for the second quarter of fiscal 2023, and working margin was 13.0% in comparison with 12.3% for the second quarter final 12 months. Adjusted working earnings was $2.16 billion, in comparison with $2.19 billion for the second quarter of fiscal 2023 and adjusted working margin was 13.7%, in comparison with 13.8% for the second quarter final 12 months.Story continues1Adjusted monetary measures introduced on this launch are non-GAAP monetary measures that exclude enterprise optimization prices recorded in fiscal 2024 and financial 2023, as additional described on this launch.GAAP diluted earnings per share had been $2.63, a rise of 10% over $2.39 for the second quarter of fiscal 2023. Adjusted EPS had been $2.77, a rise of three% over $2.69 for the second quarter of fiscal 2023.New bookings for the quarter had been $21.6 billion, with consulting bookings of $10.5 billion and managed providers bookings of $11.1 billion.Monetary ReviewRevenues for the second quarter of fiscal 2024 had been $15.80 billion, in contrast with $15.81 billion for the second quarter of fiscal 2023, and had been flat in each U.S. {dollars} and native forex development. Revenues had been barely above the midpoint of the corporate’s guided vary of $15.40 billion to $16.00 billion. The foreign-exchange impression for the quarter was roughly destructive 0.5%, which was in keeping with the belief offered within the firm’s first quarter earnings launch.GAAP diluted EPS for the quarter had been $2.63, a ten% improve over $2.39 for the second quarter of fiscal 2023. Excluding a $0.14 and $0.30 lower for enterprise optimization prices within the second quarter of fiscal 2024 and 2023, respectively, adjusted EPS had been $2.77, a 3% improve over $2.69 final 12 months. The $0.08 improve in EPS on an adjusted foundation displays:partially offset byGross margin (gross revenue as a proportion of revenues) for the quarter was 30.9% in comparison with 30.6% within the second quarter of fiscal 2023. Promoting, common and administrative (SG&A) bills for the quarter had been $2.72 billion, or 17.2% of revenues, in contrast with $2.65 billion, or 16.7% of revenues, for the second quarter of fiscal 2023.GAAP working earnings for the quarter elevated 5%, to $2.05 billion, or 13.0% of revenues, in contrast with $1.94 billion, or 12.3% of revenues, for the second quarter of fiscal 2023. Adjusted working earnings for the quarter was $2.16 billion, or 13.7% of revenues, in contrast with $2.19 billion, or 13.8% of revenues for the second quarter of fiscal 2023.The corporate’s GAAP efficient tax charge for the quarter was 18.4%, in contrast with 20.4% for the second quarter of fiscal 2023. The adjusted efficient tax charge for the second quarter of fiscal 2024 was 18.8%, in contrast with 20.4% for the second quarter of fiscal 2023.GAAP internet earnings for the quarter was $1.71 billion, in contrast with $1.55 billion for the second quarter of fiscal 2023. Adjusted internet earnings for the quarter was $1.80 billion, in contrast with $1.74 billion for the second quarter of fiscal 2023.Working money move for the quarter was $2.10 billion, and property and gear additions had been $110 million. Free money move, outlined as working money move internet of property and gear additions, was $1.99 billion. For a similar interval final 12 months, working money move was $2.33 billion; property and gear additions had been $108 million; and free money move was $2.22 billion.Days providers excellent, or DSOs, had been 43 days at February 29, 2024, in contrast with 42 days at each August 31, 2023 and February 28, 2023.Accenture’s complete money stability at February 29, 2024 was $5.1 billion, in contrast with $9.0 billion at August 31, 2023.New BookingsNew bookings for the second quarter of fiscal 2024 had been $21.58 billion, a 2% lower in each U.S. {dollars} and native forex from the second quarter of fiscal 2023.Revenues by Geographic Market2Revenues by geographic market had been as follows:Revenues by Trade GroupRevenues by trade group had been as follows:Communications, Media & Know-how: $2.65 billion, a lower of 8% in U.S. {dollars} and seven% in native forex in contrast with the second quarter of fiscal 2023. 2Effective September 1, 2023, we revised the reporting of our geographic markets for the motion of our Center East and Africa market models from Progress Markets to Europe, and the Europe market is now known as our EMEA (Europe, Center East and Africa) geographic market.Returning Money to ShareholdersAccenture continues to return money to shareholders by money dividends and share repurchases.DividendOn February 15, 2024, a quarterly money dividend of $1.29 per share was paid to shareholders of file on the shut of enterprise on January 18, 2024. These money dividend funds totaled $813 million.Accenture plc has declared one other quarterly money dividend of $1.29 per share for shareholders of file on the shut of enterprise on April 11, 2024. This dividend, which is payable on Might 15, 2024, represents a 15% improve over the quarterly dividend charge of $1.12 per share in fiscal 2023.Share Repurchase ActivityDuring the second quarter of fiscal 2024, Accenture repurchased or redeemed 3.8 million shares for a complete of $1.3 billion, together with roughly 2.2 million shares repurchased within the open market.Accenture’s complete remaining share repurchase authority at February 29, 2024 was roughly $4.6 billion.At February 29, 2024, Accenture had roughly 629 million complete shares excellent.Enterprise OutlookThird Quarter Fiscal 2024Accenture expects revenues for the third quarter of fiscal 2024 to be within the vary of $16.25 billion to $16.85 billion, or destructive 1% to optimistic 3% in native forex, reflecting the corporate’s assumption of an roughly destructive 1% foreign-exchange impression in contrast with the third quarter of fiscal 2023.Fiscal Yr 2024Accenture’s enterprise outlook for fiscal 2024 continues to imagine that the foreign-exchange impression on its leads to U.S. {dollars} will likely be flat in contrast with fiscal 2023.For fiscal 2024, the corporate now expects income development to be within the vary of 1% to three% in native forex, in comparison with 2% to five% beforehand.Accenture now expects GAAP working margin for fiscal 2024 to be 14.8%, in comparison with a variety of 14.8% to fifteen.0% beforehand, an growth of 110 foundation factors from fiscal 2023; and adjusted working margin, which excludes an estimated $450 million for enterprise optimization prices in fiscal 2024 and $1.1 billion in fiscal 2023, to be 15.5%, in comparison with a variety of 15.5% to fifteen.7% beforehand, an growth of 10 foundation factors from fiscal 2023.The corporate now expects each its GAAP and adjusted annual efficient tax charge, which excludes the tax impacts of enterprise optimization prices, to be within the vary of twenty-two.5% to 24.5%, in comparison with 23.5% to 25.5% beforehand.The corporate now expects GAAP diluted EPS to be within the vary of $11.41 to $11.64, in comparison with $11.41 to $11.76 beforehand, a rise of 6% to eight% over fiscal 2023; and adjusted EPS to be within the vary of $11.97 to $12.20, in comparison with $11.97 to $12.32 beforehand, a rise of three% to five% over fiscal 2023. This excludes $0.56 for enterprise optimization prices in fiscal 2024 and $1.28 for enterprise optimization prices and $0.38 for a achieve on an funding in fiscal 2023.For fiscal 2024, the corporate continues to anticipate working money move to be within the vary of $9.3 billion to $9.9 billion; property and gear additions to be $600 million; and free money move to be within the vary of $8.7 billion to $9.3 billion.The corporate continues to anticipate to return at the very least $7.7 billion in money to shareholders by dividends and share repurchases.360° Worth ReportingAccenture’s purpose is to create 360° worth for our shoppers, individuals, shareholders, companions and communities. Our reporting captures how we ship distinctive worth throughout six important dimensions and affords a complete view of our monetary and environmental, social and governance (ESG) measures, and our objectives, progress and efficiency for every. Our full 360° Worth Report and on-line 360° Worth Reporting Expertise present customizable reporting. To entry, please go to the Accenture 360° Worth Reporting Expertise at www.accenture.com/reportingexperience.Convention Name and Webcast DetailsAccenture will host a convention name at 8:00 a.m. EDT as we speak to debate its second quarter of fiscal 2024 monetary outcomes. To take part within the teleconference, please dial +1 (877) 692-8955 [or +1 (234) 720-6979 outside the U.S., Puerto Rico and Canada] and enter entry code 6586099 roughly quarter-hour earlier than the scheduled begin of the decision. The convention name will even be accessible dwell through webcast on the Investor Relations part of the Accenture web site at www.accenture.com.A replay of the convention name will likely be out there at www.accenture.com and at +1 (866) 207-1041 [or +1 (402) 970-0847 outside the U.S., Puerto Rico and Canada] with entry code 7186351, from 11:00 a.m. EDT as we speak, by Wednesday, June 19, 2024.About AccentureAccenture is a number one world skilled providers firm that helps the world’s main companies, governments and different organizations construct their digital core, optimize their operations, speed up income development and improve citizen providers—creating tangible worth at velocity and scale. We’re a talent- and innovation-led firm with 742,000 individuals serving shoppers in additional than 120 international locations. Know-how is on the core of change as we speak, and we’re one of many world’s leaders in serving to drive that change, with sturdy ecosystem relationships. We mix our power in expertise and management in cloud, information and AI with unmatched trade expertise, purposeful experience and world supply functionality. We’re uniquely capable of ship tangible outcomes due to our broad vary of providers, options and property throughout Technique & Consulting, Know-how, Operations, Trade X and Track. These capabilities, along with our tradition of shared success and dedication to creating 360° worth, allow us to assist our shoppers reinvent and construct trusted, lasting relationships. We measure our success by the 360° worth we create for our shoppers, one another, our shareholders, companions and communities. Go to us at www.accenture.com.Non-GAAP Monetary InformationThis information launch contains sure non-GAAP monetary data as outlined by Securities and Change Fee Regulation G. Pursuant to the necessities of this regulation, reconciliations of this non-GAAP monetary data to Accenture’s monetary statements as ready underneath typically accepted accounting rules (GAAP) are included on this press launch. Monetary outcomes “in native forex” are calculated by restating current-period exercise into U.S. {dollars} utilizing the comparable prior-year interval’s foreign-currency trade charges. Accenture’s administration believes offering buyers with this data offers further insights into Accenture’s outcomes of operations. Whereas Accenture’s administration believes that the non-GAAP monetary measures herein are helpful in evaluating Accenture’s operations, this data needs to be thought-about as supplemental in nature and never as an alternative to the associated monetary data ready in accordance with GAAP. Accenture gives full-year income steerage on a local-currency foundation and never in U.S. {dollars} as a result of the impression of international trade charge fluctuations may fluctuate considerably from the corporate’s acknowledged assumptions.Ahead-Trying StatementsExcept for the historic data and discussions contained herein, statements on this information launch might represent forward-looking statements inside the which means of the Non-public Securities Litigation Reform Act of 1995. Phrases corresponding to “might,” “will,” “ought to,” “probably,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “positioned,” “outlook,” “purpose,” “goal,” and comparable expressions are used to determine these forward-looking statements. These statements should not ensures of future efficiency nor guarantees that objectives or targets will likely be met, and contain quite a few dangers, uncertainties and different elements which might be troublesome to foretell and will trigger precise outcomes to vary materially from these expressed or implied. These dangers embody, with out limitation, dangers that: Accenture’s outcomes of operations have been, and should sooner or later be, adversely affected by risky, destructive or unsure financial and political circumstances and the results of those circumstances on the corporate’s shoppers’ companies and ranges of enterprise exercise; Accenture’s enterprise is dependent upon producing and sustaining consumer demand for the corporate’s providers and options together with by the variation and growth of its providers and options in response to ongoing adjustments in expertise and choices, and a big discount in such demand or an incapacity to reply to the evolving technological atmosphere may materially have an effect on the corporate’s outcomes of operations; if Accenture is unable to match individuals and their abilities with consumer demand world wide and appeal to and retain professionals with sturdy management abilities, the corporate’s enterprise, the utilization charge of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; Accenture faces authorized, reputational and monetary dangers from any failure to guard consumer and/or firm information from safety incidents or cyberattacks; the markets through which Accenture operates are extremely aggressive, and Accenture may not be capable of compete successfully; Accenture’s potential to draw and retain enterprise and workers might rely on its repute within the market; if Accenture doesn’t efficiently handle and develop its relationships with key ecosystem companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations may very well be adversely affected; Accenture’s profitability may materially endure if the corporate is unable to acquire favorable pricing for its providers and options, if the corporate is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; adjustments in Accenture’s degree of taxes, in addition to audits, investigations and tax proceedings, or adjustments in tax legal guidelines or of their interpretation or enforcement, may have a fabric hostile impact on the corporate’s efficient tax charge, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations may very well be materially adversely affected by fluctuations in international forex trade charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may adversely have an effect on its monetary outcomes; because of Accenture’s geographically various operations and technique to proceed to develop in key markets world wide, the corporate is extra inclined to sure dangers; if Accenture is unable to handle the organizational challenges related to its measurement, the corporate may be unable to attain its enterprise goals; Accenture may not achieve success at buying, investing in or integrating companies, coming into into joint ventures or divesting companies; Accenture’s enterprise may very well be materially adversely affected if the corporate incurs authorized legal responsibility; Accenture’s world operations expose the corporate to quite a few and generally conflicting authorized and regulatory necessities; Accenture’s work with authorities shoppers exposes the corporate to further dangers inherent within the authorities contracting atmosphere; if Accenture is unable to guard or implement its mental property rights or if Accenture’s providers or options infringe upon the mental property rights of others or the corporate loses its potential to make the most of the mental property of others, its enterprise may very well be adversely affected; Accenture could also be topic to criticism and destructive publicity associated to its incorporation in Eire; in addition to the dangers, uncertainties and different elements mentioned underneath the “Danger Elements” heading in Accenture plc’s most up-to-date Annual Report on Type 10-Ok and different paperwork filed with or furnished to the Securities and Change Fee. Statements on this information launch converse solely as of the date they had been made, and Accenture undertakes no obligation to replace any forward-looking statements made on this information launch or to adapt such statements to precise outcomes or adjustments in Accenture’s expectations.Accenture plcConsolidated Earnings Statements(In hundreds of U.S. {dollars}, besides share and per share quantities)(Unaudited)  Three Months Ended Six Months Ended  February 29, 2024 % of Revenues February 28, 2023 % of Revenues February 29, 2024 % of Revenues February 28, 2023 % of RevenuesREVENUES:                Revenues $15,799,514  100.0% $15,814,158  100.0% $32,023,817  100.0% $31,561,960  100.0percentOPERATING EXPENSES:                Price of providers  10,921,045  69.1%  10,979,392  69.4%  21,697,407  67.8%  21,541,052  68.3percentSales and advertising and marketing  1,631,185  10.3%  1,563,567  9.9%  3,341,076  10.4%  3,113,586  9.9percentGeneral and administrative prices  1,085,448  6.9%  1,082,228  6.8%  2,118,947  6.6%  2,125,251  6.7percentBusiness optimization prices  115,409  0.7%  244,390  1.5%  255,073  0.8%  244,390  0.8percentTotal working bills  13,753,087     13,869,577     27,412,503     27,024,279   OPERATING INCOME  2,046,427  13.0%  1,944,581  12.3%  4,611,314  14.4%  4,537,681  14.4percentInterest earnings  65,269     50,259     167,249     94,964   Curiosity expense  (10,305)    (11,634)    (24,800)    (18,914)  Different earnings (expense), internet  (5,652)    (36,300)    (41,371)    (65,207)  INCOME BEFORE INCOME TAXES  2,095,739  13.3%  1,946,906  12.3%  4,712,392  14.7%  4,548,524  14.4percentIncome tax expense  386,537     396,223     993,209     1,001,541   NET INCOME  1,709,202  10.8%  1,550,683  9.8%  3,719,183  11.6%  3,546,983  11.2percentNet earnings attributable to noncontrolling curiosity in Accenture Canada Holdings Inc.  (1,675)    (1,604)    (3,691)    (3,689)  Internet earnings attributable to noncontrolling pursuits – different (1)  (32,668)    (25,431)    (67,189)    (54,696)  NET INCOME ATTRIBUTABLE TO ACCENTURE PLC $1,674,859  10.6% $1,523,648  9.6% $3,648,303  11.4% $3,488,598  11.1percentCALCULATION OF EARNINGS PER SHARE:                Internet earnings attributable to Accenture plc $1,674,859    $1,523,648    $3,648,303    $3,488,598   Internet earnings attributable to noncontrolling curiosity in Accenture Canada Holdings Inc. (2)  1,675     1,604     3,691     3,689   Internet earnings for diluted earnings per share calculation $1,676,534    $1,525,252    $3,651,994    $3,492,287   WEIGHTED AVERAGE SHARES:                Fundamental  629,016,555     630,845,147     628,488,831     630,485,134   Diluted  636,797,814     637,735,390     637,069,356     638,350,779   EARNINGS PER SHARE:                Fundamental $2.66    $2.42    $5.80    $5.53   Diluted $2.63    $2.39    $5.73    $5.47   Money dividends per share $1.29    $1.12    $2.58    $2.24   (1)Comprised primarily of noncontrolling curiosity attributable to the noncontrolling shareholders of Avanade, Inc.(2)Diluted earnings per share assumes the trade of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A atypical shares on a one-for-one foundation. The earnings impact doesn’t consider “Internet earnings attributable to noncontrolling pursuits — different,” since these shares should not redeemable or exchangeable for Accenture plc Class A atypical shares.Accenture plcSummary of Revenues(In hundreds of U.S. {dollars})(Unaudited)  Three Months Ended PercentIncrease(Lower)U.S.{Dollars} PercentIncrease(Lower)LocalCurrency  February 29, 2024 February 28, 2023  GEOGRAPHIC MARKETS (1)        North America $7,376,812 $7,397,874 —% —%EMEA  5,598,850  5,554,682 1  (2)Progress Markets  2,823,852  2,861,602 (1) 6 Complete Revenues $15,799,514 $15,814,158 —% —%INDUSTRY GROUPS        Communications, Media & Know-how $2,654,137 $2,884,802 (8  (7 Monetary Providers  2,808,930  3,002,867 (6) (6)Well being & Public Service  3,334,039  3,023,595 10  10 Merchandise  4,761,838  4,718,572 1  — Assets  2,240,570  2,184,322 3  4 Complete Revenues $15,799,514 $15,814,158 —% —%TYPE OF WORK        Consulting $8,021,034 $8,278,763 (3  (3 Managed Providers  7,778,480  7,535,395 3  3 Complete Revenues $15,799,514 $15,814,158 —% —%  Six Months Ended PercentIncrease(Lower)U.S.{Dollars} PercentIncrease(Lower)LocalCurrency  February 29, 2024 February 28, 2023  GEOGRAPHIC MARKETS (1)        North America $14,939,714 $15,020,694 (1  (1 EMEA  11,402,492  10,867,581 5  — Progress Markets  5,681,611  5,673,685 —  5 Complete Revenues $32,023,817 $31,561,960 1% 1percentINDUSTRY GROUPS        Communications, Media & Know-how $5,323,585 $5,865,005 (9  (9 Monetary Providers  5,842,508  5,966,263 (2) (3)Well being & Public Service  6,711,505  6,023,614 11  11 Merchandise  9,621,825  9,384,360 3  1 Assets  4,524,394  4,322,718 5  5 Complete Revenues $32,023,817 $31,561,960 1% 1percentTYPE OF WORK        Consulting $16,477,540 $16,723,130 (1  (2 Managed Providers  15,546,277  14,838,830 5  4 Complete Revenues $32,023,817 $31,561,960 1% 1%(1)Efficient September 1, 2023, we revised the reporting of our geographic markets for the motion of our Center East and Africa market models from Progress Markets to Europe, and the Europe market is now known as our EMEA (Europe, Center East and Africa) geographic market. Prior interval quantities have been reclassified to adapt with the present interval presentation.Accenture plcOperating Earnings by Geographic Market(In hundreds of U.S. {dollars})(Unaudited) Three Months Ended   February 29, 2024 February 28, 2023   OperatingIncome OperatingMargin OperatingIncome OperatingMargin Enhance(Lower)North America$1,060,376 14% $823,858 11% $236,518 EMEA (1) 529,012 9   615,403 11   (86,391)Progress Markets (1) 457,039 16   505,320 18   (48,281)Complete Working Earnings$2,046,427 13.0% $1,944,581 12.3% $101,846  Six Months Ended   February 29, 2024 February 28, 2023   OperatingIncome OperatingMargin OperatingIncome OperatingMargin Enhance(Lower)North America$2,317,084 16% $2,133,741 14% $183,343 EMEA (1) 1,352,613 12   1,342,286 12   10,327 Progress Markets (1) 941,617 17   1,061,654 19   (120,037)Complete Working Earnings$4,611,314 14.4% $4,537,681 14.4% $73,633 (1)Efficient September 1, 2023, we revised the reporting of our geographic markets for the motion of our Center East and Africa market models from Progress Markets to Europe, and the Europe market is now known as our EMEA (Europe, Center East and Africa) geographic market. Prior interval quantities have been reclassified to adapt with the present interval presentation.Accenture plcReconciliation of Working Earnings, as Reported (GAAP) to Working Earnings as Adjusted (Non-GAAP)(In hundreds of U.S. {dollars})(Unaudited) Three Months Ended February 29, 2024 February 28, 2023 As Reported (GAAP)BusinessOptimization (1)Adjusted(Non-GAAP)OperatingMargin(Non-GAAP) AsReported(GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP)OperatingMargin(Non-GAAP)North America$1,060,376$4,689$1,065,06514% $823,858$176,980$1,000,83814percentEMEA (2) 529,012 85,561 614,57311   615,403 40,960 656,36312 Progress Markets (2) 457,039 25,159 482,19817   505,320 26,450 531,77019 Complete Working Earnings$2,046,427$115,409$2,161,83613.7% $1,944,581$244,390$2,188,97113.8% Six Months Ended February 29, 2024 February 28, 2023 As Reported (GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP)OperatingMargin(Non-GAAP) AsReported(GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP)OperatingMargin(Non-GAAP)North America$2,317,084$50,618$2,367,70216% $2,133,741$176,980$2,310,72115percentEMEA (2) 1,352,613 156,365 1,508,97813   1,342,286 40,960 1,383,24613 Progress Markets (2) 941,617 48,090 989,70717   1,061,654 26,450 1,088,10419 Complete OperatingIncome$4,611,314$255,073$4,866,38715.2% $4,537,681$244,390$4,782,07115.2%(1)Prices recorded in reference to our enterprise optimization initiatives, primarily for worker severance.(2)Efficient September 1, 2023, we revised the reporting of our geographic markets for the motion of our Center East and Africa market models from Progress Markets to Europe, and the Europe market is now known as our EMEA (Europe, Center East and Africa) geographic market. Prior interval quantities have been reclassified to adapt with the present interval presentation.Accenture plcReconciliation of Internet Earnings and Diluted Earnings Per Share, as Reported (GAAP), to Internet Earnings and Diluted Earnings Per Share, as Adjusted (Non-GAAP)(In hundreds of U.S. {dollars}, besides per share quantities)(Unaudited) Three Months Ended February 29, 2024 February 28, 2023 As Reported (GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP) As Reported(GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP)Working Earnings$2,046,427 $115,409 $2,161,836  $1,944,581 $244,390 $2,188,971 Working Margin 13.0% 0.7% 13.7%  12.3% 1.5% 13.8%        Earnings earlier than earnings taxes 2,095,739  115,409  2,211,148   1,946,906  244,390  2,191,296 Earnings tax expense 386,537  28,078  414,615   396,223  51,515  447,738 Internet Earnings$1,709,202 $87,331 $1,796,533  $1,550,683 $192,875 $1,743,558 Efficient tax charge 18.4% 24.3% 18.8%  20.4% 21.1% 20.4percentDiluted earnings per share (2)$2.63 $0.14 $2.77  $2.39 $0.30 $2.69  Six Months Ended February 29, 2024 February 28, 2023 As Reported (GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP) As Reported(GAAP)Enterprise Optimization (1)Adjusted(Non-GAAP)Working Earnings$4,611,314 $255,073 $4,866,387  $4,537,681 $244,390 $4,782,071 Working Margin 14.4% 0.8% 15.2%  14.4% 0.8% 15.2%        Earnings earlier than earnings taxes 4,712,392  255,073  4,967,465   4,548,524  244,390  4,792,914 Earnings tax expense 993,209  62,056  1,055,265   1,001,541  51,515  1,053,056 Internet Earnings$3,719,183 $193,017 $3,912,200  $3,546,983 $192,875 $3,739,858 Efficient tax charge 21.1% 24.3% 21.2%  22.0% 21.1% 22.0percentDiluted earnings per share (2)$5.73 $0.30 $6.04  $5.47 $0.30 $5.77 Quantities in desk might not complete because of rounding.(1)Prices recorded in reference to our enterprise optimization initiatives, primarily for worker severance.(2)The impression of enterprise optimization prices on diluted earnings per share are introduced internet of associated taxes. The earnings tax impact was destructive $0.04 and destructive $0.08 for the three months ended February 29, 2024 and February 28, 2023, respectively, and destructive $0.10 and destructive $0.08 for the six months ended February 29, 2024 and February 28, 2023, respectively. This contains each the present and deferred earnings tax impression and was calculated through the use of the related tax charge of the nation the place the prices had been recorded.Accenture plcConsolidated Steadiness Sheets(In hundreds of U.S. {dollars})  February 29, 2024 August 31, 2023ASSETS (Unaudited)  CURRENT ASSETS:    Money and money equivalents $5,121,107 $9,045,032Short-term investments  4,540  4,575Receivables and contract property  13,080,504  12,227,186Other present property  2,122,670  2,105,138Total present property  20,328,821  23,381,931NON-CURRENT ASSETS:    Contract property  126,355  106,994Investments  238,934  197,443Property and gear, internet  1,458,836  1,530,007Lease property  2,635,038  2,637,479Goodwill  17,947,306  15,573,003Other non-current property  8,572,181  7,818,448Total non-current property  30,978,650  27,863,374TOTAL ASSETS $51,307,471 $51,245,305LIABILITIES AND SHAREHOLDERS’ EQUITY    CURRENT LIABILITIES:    Present portion of long-term debt and financial institution borrowings $111,141 $104,810Accounts payable  2,228,446  2,491,173Deferred revenues  5,363,972  4,907,152Accrued payroll and associated advantages  5,955,341  7,506,030Lease liabilities  682,553  690,417Other accrued liabilities  1,794,561  2,309,456Total present liabilities  16,136,014  18,009,038NON-CURRENT LIABILITIES:    Lengthy-term debt  71,635  43,093Lease liabilities  2,293,252  2,310,714Other non-current liabilities  4,850,146  4,423,867Total non-current liabilities  7,215,033  6,777,674Total Accenture plc shareholders’ fairness  27,122,853  25,692,839Noncontrolling pursuits  833,571  765,754Total shareholders’ fairness  27,956,424  26,458,593TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $51,307,471 $51,245,305Accenture plcConsolidated Money Flows Statements(In hundreds of U.S. {dollars})(Unaudited)  Three Months Ended Six Months Ended  February 29, 2024 February 28, 2023 February 29, 2024 February 28, 2023CASH FLOWS FROM OPERATING ACTIVITIES:        Internet earnings $1,709,202  $1,550,683  $3,719,183  $3,546,983 Depreciation, amortization and different  528,928   532,476   1,050,328   1,038,705 Share-based compensation expense  641,871   631,870   1,064,871   1,057,339 Change in property and liabilities/different, internet  (778,958)  (384,918)  (3,234,788)  (2,817,518)Internet money offered by (utilized in) working actions  2,101,043   2,330,111   2,599,594   2,825,509 CASH FLOWS FROM INVESTING ACTIVITIES:        Purchases of property and gear  (109,823)  (107,548)  (178,756)  (206,378)Purchases of companies and investments, internet of money acquired  (2,121,455)  (390,527)  (2,909,480)  (1,076,987)Proceeds from the sale of companies and investments  20,905   17,279   20,905   17,875 Different investing, internet  2,125   2,499   3,653   5,119 Internet money offered by (utilized in) investing actions  (2,208,248)  (478,297)  (3,063,678)  (1,260,371)CASH FLOWS FROM FINANCING ACTIVITIES:        Proceeds from issuance of atypical shares  285,373   341,914   762,807   807,621 Purchases of shares  (1,321,846)  (1,118,211)  (2,512,974)  (2,536,913)Money dividends paid  (812,578)  (708,022)  (1,622,634)  (1,413,589)Different financing, internet  (16,690)  (31,022)  (44,853)  (49,320)Internet money offered by (utilized in) financing actions  (1,865,741)  (1,515,341)  (3,417,654)  (3,192,201)Impact of trade charge adjustments on money and money equivalents  (46,788)  2,611   (42,187)  (23,983)NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS  (2,019,734)  339,084   (3,923,925)  (1,651,046)CASH AND CASH EQUIVALENTS, starting of interval  7,140,841   5,899,703   9,045,032   7,889,833 CASH AND CASH EQUIVALENTS, finish of interval $5,121,107  $6,238,787  $5,121,107  $6,238,787  View supply model on businesswire.com: https://www.businesswire.com/information/residence/20240321256762/en/ContactsRachel FreyAccenture Media Relations+1 917 452 4421rachel.frey@accenture.comKatie O’ConorAccenture Investor Relations+1 973 301 3275catherine.m.oconor@accenture.com