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National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Notes to Consolidated Financial Statements (continued)
1411-1359280 11
2. Restatement of 2012 Financial Statements (continued)
The following tables set forth the Company’ s Consolidated Balance Sheet as of September 30,
2012 and the Consolidated Statement of Operations, Statement of Changes in Capitalization, and
Statement of Cash Flows for the year ended September 30, 2012, in each case as previously
reported and as restated. The restated amounts presented below and in the accompanying
financial statements and notes reflect the effects of the corrections described in the preceding
discussion.
Consolidated Balance Sheet
As Previousl y
Re porte d Adju s tme n ts As Re state d
AS S ETS
Current Assets:
Cash and cash equivalents ..............................................................................................
.
$ 210,820 $ – $ 210,820
Restricted cash and cash equivalents...............................................................................
.
8,130 – 8,130
Accounts receivable, net of allowances of $7,236...........................................................
.
209,760 874 210,634 (c)
Materials and supplies, net of allowances of $55,373....................................................
.
234,896 – 234,896
Prepaid expenses.............................................................................................................
.
13,712 – 13,712
Other current assets ........................................................................................................ 25,091 (977) 24,114 (c)
Total current assets .....................................................................................................
.
702,409 (103) 702,306
Property and Equipment:
Locomotives ...................................................................................................................
.
1,485,812 1,415 1,487,227 (a), (c)
Passenger cars and other rolling stock ............................................................................
.
2,699,572 160,346 2,859,918 (a), (c)
Right-of-way and other properties ................................................................................. 10,689,217 40,146 10,729,363 (a), (c)
Construction in progress.................................................................................................
.
1,020,317 – 1,020,317
Leasehold improvements ................................................................................................
.
496,353 – 496,353
Property and equipment, gross ...................................................................................
.
16,391,271 201,907 16,593,178
Less - Accumulated depreciation and amortization ........................................................ (6,024,334) 53,980 (5,970,354) (a), (c)
Total property and equipment, net ............................................................................
.
10,366,937 255,887 10,622,824
Other Assets, Deposits, and Deferred Charges:
Notes receivable on sale-leasebacks ................................................................................ 51,850 – 51,850
Deferred charges, deposits, and other ............................................................................. 253,295 (40,029) 213,266 (c)
Total other assets, deposits, and deferred charges ................................................... 305,145 (40,029) 265,116
Total assets ...................................................................................................................
.
$ 11,374,491 $ 215,755 $ 11,590,246
(a) Consists of capital lease and related adjustments
(b) Consists of deferred taxes and related adjustments
(c) Consists of other adjustments
S eptember 30, 2012
(in thousands of dollars)