Table 2	Accenture - Financial Results								Mar-04
				(Fiscal year end: Aug 31)
			2004e	% of	Change	2003	% of	2002	% of
			($ Mill)	Rev	04/03	($ Mill)	Rev	($ Mill)	Rev
_	_	_	_	_	_	_	_	_	_
Revenue (by industry)
Products			$2,800	20.9%	7.3%	$2,610	22.1%	$2,441	21.1%
	Automotive & Transport		$920	6.9%	4.5%	$880	7.4%	$898	7.8%
	Consumer & Pharmaceuticals		$1,030	7.7%	9.6%	$940	8.0%	$854	7.4%
	Retail		$850	6.3%	7.6%	$790	6.7%	$690	6.0%
Financial Services			$2,600	19.4%	10.2%	$2,360	20.0%	$2,621	22.6%
Government			$2,100	15.7%	32.9%	$1,580	13.4%	$1,316	11.4%
Communications & High Tech			$3,650	27.2%	10.9%	$3,290	27.8%	$3,182	27.5%
Resources			$2,230	16.6%	13.2%	$1,970	16.7%	$2,005	17.3%
Other			$20	0.1%	100.0%	$10	0.1%	$9	0.1%
Net Revenue			$13,400	100.0%	13.4%	$11,820	100.0%	$11,574	100.0%
Annual change			13.4%			2.1%		1.1%
Reimbursements			$1,500			$1,500		$1,531
1H04 Actual:			$6,564		14.0%	$5,756
Costs
Cost of Revenue			$8,580	64.0%	13.5%	$7,560	64.0%	$6,897	59.6%
Reimbursable Costs			$1,500	11.2%	0.0%	$1,500	12.7%	$1,531	13.2%
Total Costs			$10,080	75.2%	11.3%	$9,060	76.6%	$8,428	72.8%
Gross Profit/Margin			$4,820	36.0%	13.1%	$4,260	36.0%	$4,677	40.4%
1H04 Actual:			$2,200	33.5%	1.6%	$2,165	37.6%
Expenses
Sales & Marketing			$1,470	11.0%	8.9%	$1,350	11.4%	$1,566	13.5%
Restructuring charges			$21					$111	1.0%
Gen. & Administration			$1,340	10.0%	-1.5%	$1,360	11.5%	$1,616	14.0%
Total Expenses			$2,831	21.1%	4.5%	$2,710	22.9%	$3,292	28.4%
Operating Profit (Loss)			$1,989	14.8%	28.3%	$1,550	13.1%	$1,385	12.0%
1H04 Actual:			$815	12.4%	2.2%	$797	13.8%
Other Income (Loss)			$47	0.4%	0.0%	$47	0.4%	($318)	-2.7%
Income (Loss) Before Tax			$2,036	15.2%	27.5%	$1,597	13.5%	$1,068	9.2%
Income Tax			$774	38.0%	38.0%	$561	35.1%	$491	46.0%
Accounting change, minority interests						($548)		($332)
Net Income (Loss)			$1,263	9.4%	158.2%	$489	4.1%	$245	2.1%
1H04 Actual:			$297	4.5%	21.1%	$246	4.3%
	Source: Annex Research
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