Abercrombie & Fitch 2003 Annual Report Download - page 25

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Abercrombie &Fitch
23
CONSOLIDATED BALANCE SHEET S
(Thousands) January 31, 2004 February 1, 2003
Assets
Current Assets
Cash and Equivalents $ 511,073 $ 420,063
Marketable Securities 10,000 10,000
Receivables 7,197 10,572
Inventories 170,703 143,306
Store Supplies 29,993 25,671
Other 23,689 19,770
Total Current Assets 752,655 629,382
Property and Equipment, Net 445,956 392,941
Other Assets 552 725
Total Assets $1,199,163 $1,023,048
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts Payable and Outstanding Checks $0 91,364 $79,291
Accrued Expenses 138,232 119,526
Income Taxes Payable 50,406 46,471
Total Current Liabilities 280,002 245,288
Deferred Income Taxes 19,516 15,189
Other Long-Term Liabilities 28,388 13,044
Shareholders’ Equity
Common Stock – $.01 par value: 150,000,000 shares
authorized, 94,607,499 and 97,268,877 shares outstanding
at January 31, 2004 and February 1, 2003, respectively 1,033 1,033
Paid-In Capital 139,139 142,577
Retained Earnings (Deficit) 919,577 714,475
1,059,749 858,085
Less: Treasury Stock, at Average Cost (188,492) (108,558)
Total Shareholders’ Equity 871,257 749,527
Total Liabilities and Shareholders’ Equity $1,199,163 $1,023,048
The accompanying Notes are an integral part of these Consolidated Financial Statements.