Burger King 2013 Annual Report Download - page 63
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Table of Contents
Consolidated Balance Sheets
(In millions, except share data)
Current assets:
Cash and cash equivalents $ 786.9 $ 546.7
Trade and notes receivable, net 179.7 179.0
Prepaids and other current assets, net 69.8 91.3
Deferred income taxes, net 38.0 73.5
Total current assets 1,074.4 890.5
Property and equipment, net of accumulated depreciation of $187.9 million and $184.2 million, respectively 801.5 885.2
Intangible assets, net 2,796.0 2,811.2
Goodwill 630.0 619.2
Net investment in property leased to franchisees 163.1 180.4
Other assets, net 363.5 177.5
Total assets $5,828.5 $5,564.0
Current liabilities:
Accounts and drafts payable $31.1 $68.7
Accrued advertising 56.5 66.5
Other accrued liabilities 177.0 206.8
Current portion of long term debt and capital leases 81.4 55.8
Total current liabilities 346.0 397.8
Term debt, net of current portion 2,880.2 2,905.1
Capital leases, net of current portion 75.4 88.4
Other liabilities, net 317.9 382.4
Deferred income taxes, net 692.8 615.3
Total liabilities 4,312.3 4,389.0
Commitments and Contingencies (Note 20)
Stockholders’ equity:
Preferred stock, $0.01 par value; 200,000,000 shares authorized; no shares issued or outstanding — —
Common stock, $0.01 par value; 2,000,000,000 shares authorized;
352,161,950 shares issued at December 31, 2013;
350,238,771 shares issued and outstanding at December 31, 2012 3.5 3.5
Additional paid-in capital 1,239.9 1,205.7
Retained earnings 225.5 76.1
Accumulated other comprehensive income (loss) 54.6 (110.3)
Treasury stock, at cost; 345,286 shares at December 31, 2013 and 0 shares at December 31, 2012 (7.3) —
Total stockholders’ equity 1,516.2 1,175.0
Total liabilities and stockholders’ equity $5,828.5 $5,564.0
See accompanying notes to consolidated financial statements.
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Source: Burger King Worldwide, Inc., 10-K, February 21, 2014 Powered by Morningstar® Document Research℠
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