ADT 2002 Annual Report Download - page 45

TYCO INTERNATIONAL LTD.
CONSOLIDATED BALANCE SHEETS (RESTATED)
(in millions, except share data)
September 30,
2002 2001
Assets
Current Assets:
Cash and cash equivalents ........................................ $ 6,185.7 $ 1,780.1
Restricted cash ................................................ 196.2 —
Accounts receivables, less allowance for doubtful accounts ($638.0 at
September 30, 2002 and $553.1 at September 30, 2001) ................. 5,831.9 6,444.7
Inventories ................................................... 4,607.9 5,004.4
Deferred income taxes .......................................... 1,356.0 984.6
Other current assets ............................................ 1,461.7 1,530.7
Total current assets ........................................... 19,639.4 15,744.5
Net Assets of Discontinued Operations ................................ — 10,598.0
Tyco Global Network ............................................. 581.6 2,353.4
Property, Plant and Equipment, Net .................................. 9,861.0 9,898.3
Goodwill, Net .................................................. 26,020.5 23,408.5
Intangible Assets, Net ............................................ 5,805.8 4,789.3
Other Assets ................................................... 3,549.2 3,621.2
Total Assets ............................................... $65,457.5 $70,413.2
Liabilities and Shareholders’ Equity
Current Liabilities:
Loans payable and current maturities of long-term debt .................. $ 7,719.0 $ 2,023.0
Accounts payable .............................................. 3,173.8 3,696.5
Accrued expenses and other current liabilities ......................... 5,296.5 5,194.2
Contracts in process—billings in excess of cost ......................... 523.6 935.1
Deferred revenue .............................................. 758.5 990.3
Income taxes payable ........................................... 2,219.1 1,845.2
Total current liabilities ......................................... 19,690.5 14,684.3
Long-Term Debt ................................................ 16,486.8 19,596.0
Other Long-Term Liabilities ........................................ 5,156.1 4,751.2
Total Liabilities ............................................ 41,333.4 39,031.5
Commitments and Contingencies (Note 20)
Minority Interest ................................................ 42.8 301.4
Shareholders’ Equity:
Preference shares, $1 par value, 125,000,000 shares authorized, one share
outstanding at September 30, 2002 and 2001 ......................... — —
Common shares, $0.20 par value, 2,500,000,000 shares authorized; 1,995,699,758
and 1,935,464,840 shares outstanding, net of 22,522,250 and 17,026,256 shares
owned by subsidiaries at September 30, 2002 and 2001, respectively ........ 399.1 387.1
Capital in excess:
Share premium .............................................. 8,146.9 7,962.8
Contributed surplus, net of deferred compensation of $51.2 at September 30,
2002 and $85.3 at September 30, 2001 ............................ 15,042.7 12,796.9
Accumulated earnings ........................................... 2,081.2 11,360.6
Accumulated other comprehensive loss .............................. (1,588.6) (1,427.1)
Total Shareholders’ Equity .................................... 24,081.3 31,080.3
Total Liabilities and Shareholders’ Equity ......................... $65,457.5 $70,413.2
See Notes to Consolidated Financial Statements.
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