AutoNation 2006 Annual Report Download - page 44
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Table of Contents
CURRENT ASSETS:
Cash and cash equivalents $ 52.2 $ 245.7
Receivables, net 813.7 775.0
Inventory 2,361.4 2,584.6
Other current assets 158.5 334.8
Total Current Assets 3,385.8 3,940.1
PROPERTY AND EQUIPMENT, NET 1,929.6 1,785.9
GOODWILL, NET 2,799.7 2,716.5
OTHER INTANGIBLE ASSETS, NET 317.2 228.1
OTHER ASSETS 174.7 153.9
Total Assets $ 8,607.0 $ 8,824.5
CURRENT LIABILITIES:
Vehicle floorplan payable — trade $ 2,031.1 $ 2,343.5
Vehicle floorplan payable — non-trade 233.9 102.2
Accounts payable 212.4 209.1
Notes payable and current maturities of long-term obligations 13.6 40.6
Other current liabilities 539.5 716.8
Total Current Liabilities 3,030.5 3,412.2
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,557.9 484.4
DEFERRED INCOME TAXES 225.4 186.2
OTHER LIABILITIES 80.5 72.2
COMMITMENTS AND CONTINGENCIES (Note 8)
SHAREHOLDERS’ EQUITY:
Preferred stock, par value $.01 per share; 5,000,000 shares authorized; none issued — —
Common stock, par value $.01 per share; 1,500,000,000 shares authorized; 223,562,149 and
273,562,137 shares issued, respectively, including shares held in treasury 2.2 2.7
Additional paid-in capital 1,092.0 2,201.0
Retained earnings 2,989.4 2,672.5
Accumulated other comprehensive income (loss) (.4) 1.8
Treasury stock, at cost; 16,809,630 and 11,329,650 shares held, respectively (370.5) (208.5)
Total Shareholders’ Equity 3,712.7 4,669.5
Total Liabilities and Shareholders’ Equity $ 8,607.0 $ 8,824.5
The accompanying notes are an integral part of these statements.
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