CONSOLIDATED CASH FLOWS STATEMENTS - USD ($) $ in Thousands	6 Months Ended
CONSOLIDATED CASH FLOWS STATEMENTS - USD ($) $ in Thousands	Feb. 28, 2017	Feb. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,946,957	$ 2,268,539
Adjustments to reconcile Net income to Net cash provided by operating activities —
Depreciation, amortization and asset impairments	375,240	354,627
Share-based compensation expense	402,323	357,715
(Gain) loss on sale of business	12,349	(553,577)
Deferred income taxes, net	(60,273)	(62,810)
Other, net	(124,788)	(52,964)
Change in assets and liabilities, net of acquisitions —
Receivables from clients, net	(362,416)	(172,884)
Unbilled services, current and non-current, net	58,006	(155,667)
Other current and non-current assets	(263,458)	(383,309)
Accounts payable	(73,976)	(75,286)
Deferred revenues, current and non-current	110,105	329,608
Accrued payroll and related benefits	(716,926)	(641,903)
Income taxes payable, current and non-current	(2,658)	(184,712)
Other current and non-current liabilities	(61,900)	(19,925)
Net cash provided by (used in) operating activities	1,238,585	1,007,452
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(188,962)	(242,845)
Purchases of businesses and investments, net of cash acquired	(829,198)	(747,637)
Proceeds from the sale of businesses and investments, net of cash transferred	(22,921)	618,310
Proceeds from sales of property and equipment	7,293	1,539
Net cash provided by (used in) investing activities	(1,033,788)	(370,633)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of ordinary and deferred shares	62,051	16,146
Purchases of shares	(1,114,733)	(1,199,740)
Proceeds from (repayments of) long-term debt, net	361	378
Cash dividends paid	(785,127)	(720,676)
Other, net	(6,647)	(12,313)
Net cash provided by (used in) financing activities	(1,844,095)	(1,916,205)
Effect of exchange rate changes on cash and cash equivalents	(27,449)	(46,721)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(1,666,747)	(1,326,107)
CASH AND CASH EQUIVALENTS, beginning of period	4,905,609	4,360,766
CASH AND CASH EQUIVALENTS, end of period	$ 3,238,862	$ 3,034,659

Accenture Holdings plc 10-Q