Dollar General 2008 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2008 Dollar General annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 189

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189

62
DOLLAR GENERAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands except per share amounts)
Successor
January 30,
2009
February 1,
2008
ASSETS
Current assets:
Cash and cash equivalents
$
377,995
$
100,209
Short-term investments
-
19,611
Merchandise inventories
1,414,955
1,288,661
Income taxes receivable
6,392
32,501
Deferred income taxes
4,600
17,297
Prepaid expenses and other current assets
66,183
59,465
Total current assets
1,870,125
1,517,744
Net property and equipment
1,268,960
1,274,245
Goodwill
4,338,589
4,344,930
Intangible assets, net
1,325,558
1,370,557
Other assets, net
85,967
148,955
Total assets
$
8,889,199
$
8,656,431
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term obligations
$
14,158
$
3,246
Accounts payable
678,421
551,040
Accrued expenses and other
375,045
300,956
Income taxes payable
7,611
2,999
Total current liabilities
1,075,235
858,241
Long-term obligations
4,122,956
4,278,756
Deferred income taxes
556,101
486,725
Other liabilities
289,288
319,714
Commitments and contingencies
Redeemable common stock
13,924
9,122
Shareholders’ equity:
Preferred stock, 1,000,000 shares authorized
-
-
Common stock; $0.50 par value, 1,000,000 shares authorized,
556,228 and 555,482 shares issued and outstanding at
January 30, 2009 and February 1, 2008, respectively
278,114
277,741
Additional paid-in capital
2,489,647
2,480,062
Retained earnings (Accumulated deficit)
103,364
(4,818)
Accumulated other comprehensive loss
(39,430)
(49,112)
Total shareholders’ equity
2,831,695
2,703,873
Total liabilities and shareholders’ equity
$
8,889,199
$
8,656,431
The accompanying notes are an integral part of the consolidated financial statements.