8-K/AExhibits & Filings

Salesforce, Inc. 8-K/A Report, Exhibit Filing (Sep 1, 2016)

Filed September 1, 2016For Securities:CRM

Summary

This 8-K/A filing from Salesforce, Inc. (CRM) on September 1, 2016, primarily serves to officially file the financial statements and related exhibits for Demandware, Inc., following Salesforce's acquisition of the company. Investors can find crucial details about Demandware's financial health, including unaudited and audited financial statements as of and for periods ending in 2014, 2015, and mid-2016. This includes financial statements for the three and six months ended June 30, 2016 and 2015, as well as audited statements for the years ended December 31, 2015 and 2014. Furthermore, the filing includes unaudited pro forma combined financial information, offering a look at how Salesforce and Demandware would have appeared financially if combined for the fiscal year ended January 31, 2016, and the six months ended July 31, 2016. This is essential for investors to understand the potential scale and financial impact of the Demandware acquisition on Salesforce's overall financial picture and future performance.

Key Highlights

  • 1Official filing of Demandware, Inc.'s financial statements as part of Salesforce's acquisition.
  • 2Includes unaudited condensed consolidated financial statements for Demandware as of June 30, 2016, and for periods ending June 30, 2016 and 2015.
  • 3Provides audited consolidated financial statements for Demandware for the years ended December 31, 2015 and 2014.
  • 4Contains unaudited pro forma combined financial information for Salesforce and Demandware for the fiscal year ended January 31, 2016.
  • 5Includes pro forma financial data for the six months ended July 31, 2016, post-acquisition context.
  • 6Consent of Demandware's independent auditor, Deloitte & Touche LLP, is included.
  • 7Filing provides necessary documentation for investors to assess the financial impact of the Demandware acquisition.

Frequently Asked Questions

The main purpose of this filing is to provide the required financial statements of the acquired company, Demandware, Inc., and pro forma combined financial information to investors following Salesforce's acquisition of Demandware.

The filing includes unaudited condensed consolidated financial statements for Demandware as of June 30, 2016, and for the three and six months ended June 30, 2016 and 2015. It also includes audited consolidated financial statements for the years ended December 31, 2015 and 2014.

The unaudited pro forma combined financial information shows how Salesforce and Demandware would have appeared financially if they were combined entities for the year ended January 31, 2016, and the six months ended July 31, 2016. This helps investors understand the combined entity's financial scale and potential.

The detailed financial statements for Demandware and the pro forma combined financial information are incorporated by reference as Exhibits 99.1, 99.2, and 99.3 to this Current Report on Form 8-K/A.