Avon 2012 Annual Report Download - page 116

Actual amortization expense may differ from the amounts above due to, among other things, future acquisitions, disposals, impairments,
accelerated amortization or fluctuations in foreign currency exchange rates. Aggregate amortization expense was $25.8, $21.5, and $13.1
for the years ended December 31, 2012, 2011, and 2010, respectively.
NOTE 18. Supplemental Balance Sheet Information
At December 31, 2012 and 2011, prepaid expenses and other included the following:
Prepaid expenses and other 2012 2011
Deferred tax assets (Note 7) $273.5 $319.0
Prepaid taxes and tax refunds receivable 141.4 192.0
Receivables other than trade 131.9 142.8
Prepaid brochure costs, paper and other literature 112.1 126.9
Healthcare trust assets (Note 12) 26.9 –
Interest-rate swap agreements, including interest (Notes 8 and 9) 19.5 18.8
Short-term investments 16.5 18.0
Other 110.2 113.4
Prepaid expenses and other $832.0 $930.9
At December 31, 2012 and 2011, other assets included the following:
Other assets 2012 2011
Deferred tax assets (Note 7) $ 827.2 $ 759.5
Capitalized software (Note 1) 235.4 176.7
Long-term receivables 174.9 138.3
Interest-rate swap agreements (Notes 8 and 9) 94.8 153.6
Investments 44.5 44.4
Other 31.4 39.2
Other assets $1,408.2 $1,311.7
NOTE 19. Results of Operations by Quarter (Unaudited)
2012 First(1) Second Third Fourth(1) Year
Total revenue $2,575.4 $2,591.7 $2,550.9 $2,999.1 $10,717.1
Gross profit 1,565.6 1,627.2 1,560.4 1,794.6 6,547.8
Operating profit(2) 71.5 126.6 106.0 10.7 314.8
Income from continuing operations, before tax(3) 40.8 90.7 77.9 9.2 218.6
Income (loss) from continuing operations, net of tax(4) 27.6 62.7 32.6 (161.1) (38.2)
Net income attributable to noncontrolling interest (1.1) (1.1) (1.0) (1.1) (4.3)
Net income (loss) attributable to Avon 26.5 61.6 31.6 (162.2) (42.5)
Earnings (loss) per share from continuing operations
Basic $ .06 $ .14 $ .07 $ (.37) $ (.10)(5)
Diluted $ .06 $ .14 $ .07 $ (.37) $ (.10)(5)
A V O N 2012 F-51