Hasbro 2008 Annual Report Download - page 51

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HASBRO, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
December 28, 2008 and December 30, 2007
(Thousands of Dollars Except Share Data)
2008 2007
ASSETS
Current assets
Cash and cash equivalents ........................................ $ 630,390 774,458
Accounts receivable, less allowance for doubtful accounts of $32,400 in 2008
and $30,600 in 2007 ........................................... 611,766 654,789
Inventories .................................................... 300,463 259,081
Prepaid expenses and other current assets ............................. 171,387 199,912
Total current assets . ........................................... 1,714,006 1,888,240
Property, plant and equipment, net .................................... 211,707 187,960
Other assets
Goodwill ..................................................... 474,497 471,177
Other intangibles, net . ........................................... 568,412 486,232
Other ........................................................ 200,175 203,454
Total other assets . . ........................................... 1,243,084 1,160,863
Total assets ................................................. $3,168,797 3,237,063
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Short-term borrowings ........................................... $ 7,586 10,201
Current portion of long-term debt ................................... — 135,348
Accounts payable ............................................... 184,453 186,202
Accrued liabilities . . . ........................................... 607,853 555,920
Total current liabilities ......................................... 799,892 887,671
Long-term debt, excluding current portion .............................. 709,723 709,723
Other liabilities .................................................. 268,396 254,577
Total liabilities ............................................... 1,778,011 1,851,971
Shareholders’ equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none
issued ..................................................... — —
Common stock of $0.50 par value. Authorized 600,000,000 shares;
issued 209,694,630 shares in 2008 and 2007 ......................... 104,847 104,847
Additional paid-in capital ......................................... 450,155 369,092
Retained earnings............................................... 2,456,650 2,261,561
Accumulated other comprehensive earnings ........................... 62,256 74,938
Treasury stock, at cost, 70,465,216 shares in 2008 and 64,487,616 shares in
2007 ...................................................... (1,683,122) (1,425,346)
Total shareholders’ equity ....................................... 1,390,786 1,385,092
Total liabilities and shareholders’ equity ............................ $3,168,797 3,237,063
See accompanying notes to consolidated financial statements.
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