ADT 2001 Annual Report Download - page 44

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42
TYCO INTERNATIONAL LTD.
AND CONSOLIDATED SUBSIDIARIES
SEPTEMBER 30 (IN MILLIONS, EXCEPT SHARE DATA) 2001 2000
ASSETS
Cash and cash equivalents $ 2,587.2 $ 1,264.8
Receivables, less allowance for doubtful accounts ($550.4 at September 30, 2001 and
$442.1 at September 30, 2000 consolidated) 7,372.5 5,630.4
Inventories 5,101.3 3,845.1
Finance receivables, net 31,386.5
—
Construction in progress—TyCom Global Network 1,643.8 111.1
TyCom Global Network placed in service, net 698.6
—
Property, plant and equipment (including equipment leased to others), net 16,473.9 8,218.4
Investment in Tyco Capital
——
Goodwill and other intangible assets, net 35,310.4 16,332.6
Other assets 8,190.4 3,786.1
Deferred income taxes 2,522.7 1,215.8
TOTAL ASSETS $111,287.3 $40,404.3
LIABILITIES AND SHAREHOLDERS’ EQUITY
Loans payable and current maturities of long-term debt $ 18,873.6 $ 1,537.2
Accounts payable 4,145.9 3,291.9
Accrued expenses and other current liabilities 10,599.5 5,138.9
Long-term debt 38,243.1 9,461.8
Other long-term liabilities 3,477.4 1,095.3
Income taxes 1,922.7 1,650.3
Deferred income taxes 1,726.3 852.2
TOTAL LIABILITIES 78,988.5 23,027.6
Commitments and contingencies (Note 22)
Mandatorily redeemable preferred securities 260.0
—
Minority interest 301.4 343.5
SHAREHOLDERS’ EQUITY:
Preference shares
——
Common shares (1,935,464,840 and 1,684,511,070 shares outstanding in 2001 and 2000, respectively) 387.1 336.9
Capital in excess:
Share premium 7,962.8 5,233.3
Contributed surplus 12,561.3 2,786.3
Accumulated earnings 12,305.7 8,427.6
Accumulated other comprehensive (loss) income (1,479.5) 249.1
TOTAL SHAREHOLDERS’ EQUITY 31,737.4 17,033.2
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $111,287.3 $40,404.3
CONSOLIDATED BALANCE SHEETS
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AND, IN PARTICULAR, SEE NOTE 1 FOR DEFINITIONS OF TYCO INDUSTRIAL AND TYCO CAPITAL.