Microsoft 2014 Annual Report Download - page 82

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81
(a) NDS has been included in our consolidated results of operations starting on April 25, 2014, the date of acquisition.
(b) Includes a tax provision adjustment recorded in the fourth quarter of fiscal year 2014 related to adjustments to prior
years’ liabilities for intercompany transfer pricing which decreased net income by $458 million and diluted earnings
per share by $0.05.
(c) Includes a charge related to a fine imposed by the European Commission in March 2013 which decreased net
income by $733 million (€561 million) and diluted earnings per share by $0.09.
(d) Includes a charge for Surface RT inventory adjustments recorded in the fourth quarter of fiscal year 2013, which
decreased net income by $596 million and diluted earnings per share by $0.07.
(e) Includes a charge related to a fine imposed by the European Commission in March 2013 which decreased net
income by $733 million (€561 million) and diluted earnings per share by $0.09. Also includes a charge for Surface
RT inventory adjustments recorded in the fourth quarter of fiscal year 2013, which decreased net income by $596
million and diluted earnings per share by $0.07.
NOTE 23 — SUBSEQUENT EVENT
On July 17, 2014, we announced a restructuring plan to simplify our organization and align the recently acquired NDS
business with our company’s overall strategy. We will eliminate up to 18,000 positions over the next year, including
12,500 professional and factory positions related to the acquisition of NDS. We expect to incur pre-tax charges of
approximately $1.1 billion to $1.6 billion in fiscal year 2015.