LensCrafters 2006 Annual Report Download - page 102

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>102 | ANNUAL REPORT 2006
ASSETS
2005 2006 2006
(Euro/000) (US$/000) (1)
CURRENT ASSETS
Cash and cash equivalents 367,461 339,122 447,539
Accounts receivable, net (less allowance for doubtful
accounts, Euro 27.6 million in 2005 and Euro 22.7
million in 2006, US$ 30.0 million in 2006) 461,353 533,772 704,419
Sales and income taxes receivable 45,823 24,924 32,892
Inventories, net 370,289 400,895 529,061
Prepaid expenses and other 87,581 98,156 129,536
Deferred tax assets, net 89,781 87,947 116,064
Assets of discontinued operations 182,296 - -
Total current assets 1,604,584 1,484,816 1,959,512
PROPERTY, PLANT AND EQUIPMENT, net 705,166 787,201 1,038,869
OTHER ASSETS
Goodwill 1,646,673 1,694,614 2,236,382
Intangible assets, net 955,796 830,362 1,095,829
Investments 15,832 23,531 31,054
Other assets 45,471 94,501 124,713
Total other assets 2,663,772 2,643,008 3,487,978
TOTAL ASSETS 4,973,522 4,915,025 6,486,359
CONSOLIDATED
BALANCE SHEETS
DECEMBER 31,
2005 AND 2006 (*)
(1) Translated for convenience at the New York City Noon Buying Rate as determined in Note 1
See notes to Consolidated Financial Statements.
(*) In accordance with U.S. GAAP.