Hasbro 2006 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2006 Hasbro 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 103

  • 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

HASBRO, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
December 31, 2006 and December 25, 2005
(Thousands of dollars except share data)
2006 2005
ASSETS
Current assets
Cash and cash equivalents.......................................... $ 715,400 942,268
Accounts receivable, less allowance for doubtful accounts of $27,700 in 2006 and
$29,800 in 2005 ............................................... 556,287 523,232
Inventories ..................................................... 203,337 179,398
Prepaid expenses and other current assets .............................. 243,291 185,297
Total current assets ............................................. 1,718,315 1,830,195
Property, plant and equipment, net ..................................... 181,726 164,045
Other assets
Goodwill ...................................................... 469,938 467,061
Other intangibles, net ............................................. 532,257 613,433
Other ......................................................... 194,669 226,409
Total other assets .............................................. 1,196,864 1,306,903
Total assets ................................................... $3,096,905 3,301,143
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Short-term borrowings ............................................ $ 10,582 14,676
Current portion of long-term debt .................................... — 32,770
Accounts payable ................................................ 160,015 152,468
Accrued liabilities ............................................... 735,296 710,812
Total current liabilities .......................................... 905,893 910,726
Long-term debt, excluding current portion................................ 494,917 495,619
Other liabilities ................................................... 158,205 171,322
Total liabilities ................................................ 1,559,015 1,577,667
Shareholders’ equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued . . . — —
Common stock of $.50 par value. Authorized 600,000,000 shares; issued
209,694,630 shares in 2006 and 2005 ............................... 104,847 104,847
Additional paid-in capital .......................................... 322,254 358,199
Deferred compensation ............................................ — (24)
Retained earnings ................................................ 2,020,348 1,869,007
Accumulated other comprehensive earnings ............................. 11,186 15,348
Treasury stock, at cost, 49,074,215 shares in 2006 and 31,744,690 shares in
2005........................................................ (920,745) (623,901)
Total shareholders’ equity ........................................ 1,537,890 1,723,476
Total liabilities and shareholders’ equity ............................. $3,096,905 3,301,143
See accompanying notes to consolidated financial statements.
39