Air Canada 2009 Annual Report Download - page 87

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Consolidated Financial Statements and Notes
87
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As at December 31
(Canadian dollars in millions) 2009 2008
ASSETS
Current
Cash and cash equivalents Note 2O $ 1,115 $ 499
Short-term investments Note 2P 292 506
1,407 1,005
Restricted cash Note 2Q 78 45
Accounts receivable Note 18 701 702
Aircraft fuel inventory 63 97
Spare parts and supplies Note 1C 64 20
Collateral deposits for fuel derivatives Note 15 43 328
Prepaid expenses and other current assets Note 18 295 206
2,651 2,403
Property and equipment Note 3 6,369 7,469
Intangible assets Note 4 916 997
Deposits and other assets Note 5 470 495
$ 10,406 $ 11,364
LIABILITIES
Current
Accounts payable and accrued liabilities Note 18 $ 1,215 $ 1,262
Fuel derivatives Note 15 31 420
Advance ticket sales 1,288 1,333
Current portion of long-term debt and capital leases Note 6 468 663
3,002 3,678
Long-term debt and capital leases Note 6 4,054 4,691
Future income taxes Note 7 85 88
Pension and other benefi t liabilities Note 8 1,163 1,585
Other long-term liabilities Note 9 455 370
8,759 10,412
Non-controlling interest 201 190
SHAREHOLDERS’ EQUITY
Share capital Note 11 532 274
Contributed surplus 1,825 1,797
Defi cit (727) (703)
Accumulated other comprehensive loss Notes 2L &15 (184) (606)
1,446 762
$ 10,406 $ 11,364
The accompanying notes are an integral part of the consolidated fi nancial statements.
Commitments (Note 14); Contingencies, Guarantees, and Indemnities (Note 17)
On behalf of the Board of Directors:
Signed Signed
David I. Richardson Michael M. Green
Chairman Chair of the Audit, Finance and Risk Committee