Google 2009 Annual Report Download - page 79

Google Inc.
CONSOLIDATED BALANCE SHEETS
(In thousands, except par value per share)
As of December 31,
2008 2009
Assets
Current assets:
Cash and cash equivalents ............................................ $ 8,656,672 $ 10,197,588
Marketable securities ................................................. 7,189,099 14,287,187
Accounts receivable, net of allowance of $80,086 and $78,884 ........... 2,642,192 3,178,471
Deferred income taxes, net ............................................ 286,105 644,406
Income taxes receivable, net ........................................... — 23,244
Prepaid revenue share, expenses and other assets ....................... 1,404,114 836,062
Total current assets .................................................. 20,178,182 29,166,958
Prepaid revenue share, expenses and other assets, non-current ................ 433,846 416,119
Deferred income taxes, net, non-current ..................................... — 262,611
Non-marketable equity securities ........................................... 85,160 128,977
Property and equipment, net ............................................... 5,233,843 4,844,610
Intangible assets, net ...................................................... 996,690 774,938
Goodwill ................................................................. 4,839,854 4,902,565
Total assets ......................................................... $ 31,767,575 $40,496,778
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable .................................................... $ 178,004 $ 215,867
Accrued compensation and benefits .................................... 811,643 982,482
Accrued expenses and other current liabilities ........................... 480,263 570,080
Accrued revenue share ............................................... 532,547 693,958
Deferred revenue ..................................................... 218,084 285,080
Incomes taxes payable, net ............................................ 81,549 —
Total current liabilities ................................................ 2,302,090 2,747,467
Deferred revenue, non-current ............................................. 29,818 41,618
Income taxes payable, net, non-current ...................................... 890,115 1,392,468
Deferred income taxes, net, non-current ..................................... 12,515 —
Other long-term liabilities .................................................. 294,175 311,001
Commitments and contingencies
Stockholders’ equity:
Convertible preferred stock, $0.001 par value, 100,000 shares authorized;
no shares issued and outstanding .................................... — —
Class A and Class B common stock, $0.001 par value per share: 9,000,000
shares authorized; 315,114 (Class A 240,073, Class B 75,041) and par
value of $315 (Class A $240, Class B $75) and 317,772 (Class A 243,611,
Class B 74,161) and par value of $318 (Class A $244, Class B $74) shares
issued and outstanding, excluding 26 and zero Class A shares subject to
repurchase at December 31, 2008 and 2009 ......................... 315 318
Additional paid-in capital .............................................. 14,450,338 15,816,738
Accumulated other comprehensive income ............................. 226,579 105,090
Retained earnings .................................................... 13,561,630 20,082,078
Total stockholders’ equity ............................................. 28,238,862 36,004,224
Total liabilities and stockholders’ equity ...................................... $ 31,767,575 $40,496,778
See accompanying notes.
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