Incredimail 2013 Annual Report Download - page 98

PERION NETWORK LTD. AND ITS SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands
The accompanying notes are an integral part of the consolidated financial statements.
As of December 31,
2012 2013
Liabilities and shareholders' equity
Current liabilities:
Current maturities of long term debt
$
2,300
$
2,300
Trade payables
9,560
13,900
Deferred revenues
5,132
9,052
Payment obligation related to acquisition
20,317
8,773
Accrued expenses and other liabilities
14,679
16,420
Total current liabilities
51,988
50,445
Long
-
term debt
6,550
4,250
Contingent purchase consideration
6,078
-
Other long term liabilities
3,833
3,610
Total liabilities
68,449
58,305
Commitments and contingent liabilities
Shareholders' equity:
Ordinary shares of NIS 0.01 par value -
Authorized: 40,000,000 and
120,000,000 shares at December 31, 2012 and 2013, respectively;
Issued and outstanding: 12,064,510 and 12,501,237 shares at
December 31, 2012 and 2013, respectively
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29
Additional paid
-
in capital
45,069
46,618
Retained earnings
10,615
10,925
Treasury stock
(1,002
)
(1,002
)
Total shareholders' equity
54,710
56,570
Total liabilities and shareholders' equity
$
123,159
$
114,875
F
-
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