HR Block 2009 Annual Report Download - page 47

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CONSOLIDATED BALANCE SHEETS
April 30, 2009 April 30, 2008
(in 000s, except share and per share amounts)
ASSETS
Cash and cash equivalents $ 1,654,663 $ 664,897
Cash and cash equivalents — restricted 51,656 7,031
Receivables, less allowance for doubtful accounts of $128,541 and $120,155 512,814 534,229
Prepaid expenses and other current assets 351,947 420,738
Assets of discontinued operations, held for sale –987,592
Total current assets 2,571,080 2,614,487
Mortgage loans held for investment, less allowance for loan losses
of $84,073 and $45,401 744,899 966,301
Property and equipment, at cost less accumulated depreciation and
amortization of $625,075 and $620,460 368,289 363,664
Intangible assets, net 385,998 147,368
Goodwill 850,230 831,314
Other assets 439,226 700,291
Total assets $ 5,359,722 $ 5,623,425
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:
Customer banking deposits $ 854,888 $ 785,624
Accounts payable, accrued expenses and other current liabilities 705,945 739,887
Accrued salaries, wages and payroll taxes 259,698 365,712
Accrued income taxes 543,967 439,380
Current portion of long-term debt 8,782 7,286
Federal Home Loan Bank borrowings 25,000 129,000
Liabilities of discontinued operations, held for sale –644,446
Total current liabilities 2,398,280 3,111,335
Long-term debt 1,032,122 1,031,784
Federal Home Loan Bank borrowings 75,000 –
Other noncurrent liabilities 448,461 492,488
Total liabilities 3,953,863 4,635,607
STOCKHOLDERS’ EQUITY:
Common stock, no par, stated value $.01 per share, 800,000,000 shares authorized,
shares issued of 444,176,510 and 435,890,796, respectively 4,442 4,359
Convertible preferred stock, no par, stated value $0.01 per share,
500,000 shares authorized ––
Additional paid-in capital 836,477 695,959
Accumulated other comprehensive income (loss) (11,639) 2,486
Retained earnings 2,671,437 2,384,449
Less treasury shares, at cost (2,094,858) (2,099,435)
Total stockholders’ equity 1,405,859 987,818
Total liabilities and stockholders’ equity $ 5,359,722 $ 5,623,425
See accompanying notes to consolidated financial statements.
H&R BLOCK 2009 Form 10K 43