Abercrombie & Fitch 2002 Annual Report Download - page 18

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Abercrombie &Fitch
(Thousands) February 1, 2003 February 2, 2002
Assets
Current Assets
Cash and Equivalents $391,035 $167,664
Marketable Securities 10,000 71,220
Receivables 10,462 20,456
Inventories 144,218 108,876
Store Supplies 25,671 21,524
Other 19,770 15,455
Total Current Assets 601,156 405,195
Property and Equipment, Net 392,941 365,112
Other Assets 725 239
Total Assets $994,822 $770,546
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts Payable $050,153 $ 31,897
Accrued Expenses 120,438 109,586
Income Taxes Payable 40,879 22,096
Total Current Liabilities 211,470 163,579
Deferred Income Taxes 20,781 1,165
Other Long-Term Liabilities 13,044 10,368
Shareholders’ Equity
Common Stock – $.01 par value: 150,000,000 shares
authorized, 97,268,877 and 98,871,478 shares outstanding
at February 1, 2003 and February 2, 2002, respectively 1,033 1,033
Paid-In Capital 142,577 141,394
Retained Earnings (Deficit) 714,475 519,540
858,085 661,967
Less: Treasury Stock, at Average Cost (108,558) (66,533)
Total Shareholders’ Equity 749,527 595,434
Total Liabilities and Shareholders’ Equity $994,822 $770,546
The accompanying Notes are an integral part of these Consolidated Financial Statements.
CONSOLIDATED BALANCE SHEETS
15