Abercrombie & Fitch 2005 Annual Report Download - page 29

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Abercrombie &Fitch
CONSOLIDATED BALANCE SHEETS
(Thousands) January 28, 2006 January 29, 2005
Assets
Current Assets
Cash and Equivalents $ 50,687 $ 338,735
Marketable Securities 411,167 -
Receivables 41,855 37,760
Inventories 362,536 211,198
Deferred Income Taxes 29,654 39,090
Other Current Assets 51,185 44,001
Total Current Assets 947,084 670,784
Property and Equipment, Net 813,603 687,011
Other Assets 29,031 28,996
Total Assets $1,789,718 $1,386,791
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts Payable $ 86,572 $ 83,760
Outstanding Checks 58,741 53,577
Accrued Expenses 215,034 205,153
Deferred Lease Credits 31,727 31,135
Income Taxes Payable 99,480 55,587
Total Current Liabilities 491,554 429,212
Long-Term Liabilities
Deferred Income Taxes 0 38,496 50,032
Deferred Lease Credits 191,225 177,923
Other Liabilities 73,326 60,298
Total Long-Term Liabilities 303,047 288,253
Shareholders’ Equity
Class A Common Stock – $.01 par value: 150,000,000 shares
authorized and 103,300,000 shares issued at January 28, 2006
and January 29, 2005, respectively 0 1,033 1,033
Paid-In Capital 161,678 140,251
Retained Earnings 1,357,791 1,076,023
Accumulated Other Comprehensive Income (796) -
Deferred Compensation 26,206 15,048
Treasury Stock, at Average Cost
15,573,789 and 17,262,943 shares at January 28, 2006
and January 29, 2005, respectively (550,795) (563,029)
Total Shareholders’ Equity 995,117 669,326
Total Liabilities and Shareholders’ Equity $1,789,718 $1,386,791
The accompanying Notes are an integral part of these Consolidated Financial Statements.
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