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10-K
DOLLAR GENERAL CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
16. Guarantor subsidiaries
Certain of the Company’s subsidiaries (the ‘‘Guarantors’’) have fully and unconditionally
guaranteed on a joint and several basis the Company’s obligations under certain outstanding debt
obligations. Each of the Guarantors is a direct or indirect wholly-owned subsidiary of the Company.
The following consolidating schedules present condensed financial information on a combined basis, in
thousands.
February 1, 2013
DOLLAR
GENERAL GUARANTOR OTHER CONSOLIDATED
CORPORATION SUBSIDIARIES SUBSIDIARIES ELIMINATIONS TOTAL
BALANCE SHEET:
ASSETS
Current assets:
Cash and cash equivalents .......... $ 1,759 $ 117,186 $ 21,864 $ — $ 140,809
Merchandise inventories ........... — 2,397,175 — — 2,397,175
Income taxes receivable ............ — — — — —
Deferred income taxes ............ 4,616 — 24,016 (28,632) —
Prepaid expenses and other current assets 654,787 5,773,989 5,711 (6,295,358) 139,129
Total current assets .............. 661,162 8,288,350 51,591 (6,323,990) 2,677,113
Net property and equipment .......... 126,191 1,962,375 99 — 2,088,665
Goodwill ...................... 4,338,589 — — — 4,338,589
Other intangible assets, net ........... 1,199,700 19,843 — — 1,219,543
Deferred income taxes .............. — — 49,097 (49,097) —
Other assets, net ................. 8,075,560 15,103 361,999 (8,408,890) 43,772
Total assets .................... $14,401,202 $10,285,671 $462,786 $(14,781,977) $10,367,682
LIABILITIES AND SHAREHOLDERS’
EQUITY
Current liabilities:
Current portion of long-term obligations . $ 600 $ 292 $ — $ — $ 892
Accounts payable ............... 5,780,924 1,716,370 51,148 (6,286,835) 1,261,607
Accrued expenses and other ......... 44,621 252,310 69,030 (8,523) 357,438
Income taxes payable ............. 51,697 5,411 38,279 — 95,387
Deferred income taxes ............ — 51,855 — (28,632) 23,223
Total current liabilities ............ 5,877,842 2,026,238 158,457 (6,323,990) 1,738,547
Long-term obligations .............. 3,066,212 3,687,969 — (3,982,845) 2,771,336
Deferred income taxes .............. 429,253 266,914 — (49,097) 647,070
Other liabilities .................. 42,565 42,349 140,485 — 225,399
Shareholders’ equity:
Preferred stock ................. — — — — —
Common stock ................. 286,185 23,855 100 (23,955) 286,185
Additional paid-in capital .......... 2,991,351 560,779 19,900 (580,679) 2,991,351
Retained earnings ............... 1,710,732 3,677,567 143,844 (3,821,411) 1,710,732
Accumulated other comprehensive loss . . (2,938) — — — (2,938)
Total shareholders’ equity .......... 4,985,330 4,262,201 163,844 (4,426,045) 4,985,330
Total liabilities and shareholders’ equity . . . $14,401,202 $10,285,671 $462,786 $(14,781,977) $10,367,682
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