Airtran 2007 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2007 Airtran annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

41
AirTran Holdings, Inc.
Consolidated Balance Sheets
(In thousands, except per share data)
Decembe
r
31
,
2007 2006
ASSETS
Current Assets:
Cash and cash equivalents.........................................................................................................
.
$ 206,873 $ 159,100
Restricted cash..........................................................................................................................
.
29,618 24,815
Short-term investments .............................................................................................................
.
111,119 151,100
Accounts receivable, less allowance of $1,128 and $1,180 at December 31, 2007 and 2006,
respectively ..........................................................................................................................
.
42,772 38,613
Spare parts, materials and supplies, less allowance for obsolescence of $2,281 and $1,749 at
December 31, 2007 and 2006, respectively ...........................................................................
.
14,488 11,736
Deferred income taxes...............................................................................................................
.
9,776 8,854
Prepaid and stored fuel..............................................................................................................
.
32,660 5,500
Derivative financial instruments................................................................................................
.
13,035 —
Prepaid expenses and other current assets ..................................................................................
.
19,596 17,239
Total current assets .................................................................................................
.
479,937 416,957
Property and Equipment:
Flight equipment.......................................................................................................................
.
1,284,273 905,129
Less: Accumulated depreciation and amortization ............................................................
.
(97,946) (64,474)
1,186,327 840,655
Purchase deposits for flight equipment ......................................................................................
.
119,817 119,895
Other property and equipment...................................................................................................
.
100,763 93,824
Less: Accumulated depreciation and amortization ............................................................
.
(40,995) (39,145)
59,768 54,679
Total property and equipment..................................................................................
.
1,365,912 1,015,229
Other Assets:
Long-term investments..............................................................................................................
.
8,230 —
Goodwill...................................................................................................................................
.
8,350 8,350
Trademarks and trade names .....................................................................................................
.
21,567 21,567
Debt issuance costs ...................................................................................................................
.
16,016 11,929
Deferred income taxes...............................................................................................................
.
— 7,772
Prepaid aircraft rent...................................................................................................................
.
81,109 70,802
Other assets ..............................................................................................................................
.
67,345 50,976
Total asset
s
.......................................................................................................................................
.
$2,048,466 $1,603,582
See accompanying notes to Consolidated Financial Statements.