Dell, which is planning to go private in a $24.4bn deal, has reported a 11% decline in its revenue to $14.3bn for the fourth quarter of 2013, compared to $16bn for the same period it reported in the corresponding year.

The company’s net income declined 31% to $530m for the fourth quarter, compared to $764m for the same period previous year.

However, its revenue increased 4% during the quarter.

Dell’s operating income decreased 25% to $698m for the quarter, compared to $931m for the same period in the corresponding year.

Revenue from enterprise solutions and services business grew 6% to $5.2bn in the quarter.

The company said revenue across all business segments, except servers and networking, declined in the quarter while revenue from servers and networking increased 18%, driven by its datacentre business and revenue from acquired firms which include Quest Software and Sonic Wall.

Dell CFO, Brian Gladden, said that the company continued to execute its long-term strategy in the quarter.

"We also continued to generate strong cash flow from operations of $1.4 billion in the quarter," Gladden said.

"Our strong balance sheet and cash position enabled the company to invest almost $5 billion in new capabilities and intellectual property this fiscal year, including great assets like Quest, SonicWall, Wyse and AppAssure."

The company did not provide an outlook for its fiscal 2014 or Q1 citing the proposed merger agreement.

The merger deal will see the company’s founder Michael Dell become the largest individual shareholder with a stake of 14% in the company.