Avon 2013 Annual Report Download - page 124

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 18. Supplemental Balance Sheet Information
At December 31, 2013 and 2012, prepaid expenses and other included the following:
Prepaid expenses and other 2013 2012
Deferred tax assets (Note 7) $ 233.6 $ 273.5
Prepaid taxes and tax refunds receivable 145.9 141.1
Prepaid brochure costs, paper and other literature 95.7 111.8
Receivables other than trade 86.6 131.6
Short-term investments 31.2 16.5
Healthcare trust assets (Note 12) .5 26.9
Interest-rate swap agreements, including interest (Notes 8 and 9) – 19.5
Other 95.8 106.1
Prepaid expenses and other $ 689.3 $ 827.0
At December 31, 2013 and 2012, other assets included the following:
Other assets 2013 2012
Deferred tax assets (Note 7) $ 944.7 $ 826.9
Long-term receivables 168.0 174.9
Capitalized software (Note 1) 122.9 235.4
Investments 33.8 44.5
Interest-rate swap agreements (Notes 8 and 9) – 94.8
Other 34.5 31.4
Other assets $1,303.9 $1,407.9
NOTE 19. Results of Operations by Quarter (Unaudited)
2013 First Second Third Fourth Year
Total revenue $2,456.0 $2,508.9 $2,322.9 $2,667.2 $9,955.0
Gross profit 1,530.6 1,573.5 1,451.2 1,627.2 6,182.5
Operating profit (loss)(2) 174.0 202.2 68.2 (17.2) 427.2
Income (loss) from continuing operations,
before taxes(3) 29.3 145.3 31.6 (43.6) 162.6
(Loss) income from continuing operations, net of tax(4) (11.5) 84.6 (6.4) (67.7) (1.0)
(Loss) income from discontinued operations, net of tax (1.1) (50.4) .6 – (50.9)
Net (income) loss attributable to noncontrolling interests (1.1) (2.3) .3 (1.4) (4.5)
Net (loss) income attributable to Avon $ (13.7) $ 31.9 $ (5.5) $ (69.1) $ (56.4)
(Loss) earnings per share from continuing operations
Basic $ (.03) $ .19 $ (.01) $ (.16) $ (.01)(5)
Diluted $ (.03) $ .19 $ (.01) $ (.16) $ (.01)(5)