INTL FCStone 2005 Annual Report Download - page 43

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INTERNATIONAL ASSETS HOLDING CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets
September 30, 2005 and 2004
2005 2004
as restated
Assets
Cash.............................................................. $ 6,614,476 $ 3,523,604
Cash and cash equivalents deposited with brokers, dealers and clearing
organization ...................................................... 13,627,410 17,560,863
Receivable from brokers, dealers and clearing organization .................. 3,609,560 7,699,450
Receivable from customers ............................................ 15,648,128 12,358,412
Financial instruments owned, at fair value ................................ 71,376,387 18,805,625
Trust certificates, at cost .............................................. 24,539,348
Investment in asset management joint venture ............................. 676,660 459,075
Investment in INTL Consilium sponsored fund, at fair value ................. 3,270,431 3,020,805
Deferred income tax asset, net ......................................... 82,285 362,838
Fixed assets and leasehold improvements at cost, net of accumulated depreciation
and amortization .................................................. 563,995 465,023
Intangible assets, net of accumulated amortization of $116,667 at September 30,
2005 ............................................................ 233,333 350,000
Goodwill .......................................................... 6,053,423 2,424,945
Other assets ........................................................ 723,716 661,641
Total assets ............................................ $147,019,152 $67,692,281
Liabilities and Stockholders’ Equity
Liabilities:
Accounts payable ............................................... $ 189,609 $ 343,657
Foreign currency sold, not yet purchased, at fair value .................. 864,830 2,829,597
Financial instruments sold, not yet purchased, at fair value ............... 92,015,989 12,310,543
Payable to banks under loans and overdrafts .......................... 12,847,382 10,447,417
Payable to brokers, dealers and clearing organization ................... 3,507,332 9,272,857
Payabletocustomers............................................. 3,205,989 4,665,183
Accrued compensation and benefits ................................. 2,059,189 2,102,055
Accrued expenses ............................................... 418,115 562,263
Incometaxespayable ............................................ 1,152,521 224,396
Deferred acquisition consideration payable ........................... 2,352,700 286,380
Other liabilities ................................................. 333,592 74,692
Total liabilities ......................................... 118,947,248 43,119,040
Stockholders’ equity:
Preferred stock, $.01 par value. Authorized 5,000,000 shares; no shares
issued or outstanding ........................................... — —
Common stock, $.01 par value. Authorized 12,000,000 shares; issued and
outstanding 7,425,936 shares at September 30, 2005 and 7,069,076 shares
at September 30, 2004 .......................................... 74,259 70,691
Additional paid-in capital ......................................... 28,050,077 27,168,617
Accumulated deficit ............................................. (52,432) (2,666,067)
Total stockholders’ equity ..................................... 28,071,904 24,573,241
Total liabilities and stockholders’ equity ......................... $147,019,152 $67,692,281
See accompanying notes to consolidated financial statements.
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