First Data 2007 Annual Report Download - page 87

FIRST DATA CORPORATION
CONSOLIDATED BALANCE SHEETS
Successor Predecessor
December 31, 2007 2006
(in millions, except common stock share amounts)
ASSETS
Cash and cash equivalents $ 606.5 $ 1,154.2
Settlement assets 18,228.4 19,149.8
Accounts receivable, net of allowance for doubtful accounts of $21.7 (2007) and $29.0 (2006) 2,783.6 2,150.3
Property and equipment, net of accumulated depreciation of $61.2 (2007) and $1,711.3 (2006) 939.3 768.0
Goodwill 16,817.2 7,359.5
Customer relationships, net of accumulated amortization of $230.5 (2007) and $968.9 (2006) 6,785.5 1,598.7
Other intangibles, net of accumulated amortization of $76.9 (2007) and $1,147.0 (2006) 1,738.1 978.8
Investment in affiliates 3,526.3 756.5
Other assets 899.4 544.9
Total Assets $52,324.3 $ 34,460.7
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Settlement obligations $18,228.4 $ 19,166.5
Accounts payable and other liabilities 4,693.1 2,636.8
Borrowings 22,573.8 2,516.2
Total Liabilities 45,495.3 24,319.5
Commitments and contingencies (See Note 13)
Stockholders' Equity:
Common stock, $.01 par value; authorized and issued 1,000 shares (2007) and authorized 2.0 billion shares and issued 1.1 billion
shares (2006) — 10.7
Additional paid-in capital 7,224.4 9,713.6
Paid-in capital 7,224.4 9,724.3
Retained earnings (loss) (301.9) 10,900.6
Accumulated other comprehensive loss (93.5) (16.9)
Less treasury stock at cost, 0 shares (2007) and 0.3 billion shares (2006) — (10,466.8)
Total Stockholders' Equity 6,829.0 10,141.2
Total Liabilities and Stockholders' Equity $52,324.3 $ 34,460.7
See Notes to Consolidated Financial Statements.
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