Mattel 2000 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2000 Mattel 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 52

  • 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

twenty seven
Consolidated Balance Sheets
Mattel, Inc. and Subsidiaries
December 31, December 31,
(In thousands, except share data) 2000 1999
ASSETS
Current Assets
Cash and short-term investments $ 232,389 $ 247,354
Accounts receivable, less allowances of $24.6 million at December 31, 2000
and $29.5 million at December 31, 1999 839,567 1,001,972
Inventories 489,742 436,316
Prepaid expenses and other current assets 189,799 166,217
Total current assets 1,751,497 1,851,859
Property, Plant and Equipment
Land 32,793 34,882
Buildings 257,430 270,185
Machinery and equipment 564,244 552,625
Capitalized leases 23,271 23,271
Leasehold improvements 74,988 74,812
952,726 955,775
Less: accumulated depreciation 472,986 422,142
479,740 533,633
Tools, dies and molds, net 168,092 191,158
Property, plant and equipment, net 647,832 724,791
Other Noncurrent Assets
Intangibles, net 1,136,857 1,200,622
Other assets 765,671 434,706
Net investment in discontinued operations 11,540 461,986
$4,313,397 $4,673,964
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Short-term borrowings $ 226,403 $ 369,549
Current portion of long-term debt 32,723 3,173
Accounts payable 338,966 293,277
Accrued liabilities 703,382 714,633
Income taxes payable 200,933 184,789
Total current liabilities 1,502,407 1,565,421
Long-Term Liabilities
Long-term debt 1,242,396 982,880
Other 165,496 162,976
Total long-term liabilities 1,407,892 1,145,856
Stockholders’ Equity
Special voting preferred stock $1.00 par value, $10.00 liquidation preference per share, one share
authorized, issued and outstanding, representing the voting rights of 1.6 million and 3.2 million
outstanding exchangeable shares in 2000 and 1999, respectively – –
Common stock $1.00 par value, 1.0 billion shares authorized; 435.6 million shares and
433.6 million shares issued in 2000 and 1999, respectively 435,560 433,563
Additional paid-in capital 1,706,614 1,728,954
Treasury stock at cost; 9.6 million shares and 12.0 million shares in 2000 and 1999, respectively (288,622) (361,825)
(Accumulated deficit) retained earnings (144,417) 401,642
Accumulated other comprehensive loss (306,037) (239,647)
Total stockholders’ equity 1,403,098 1,962,687
$4,313,397 $4,673,964
The accompanying notes are an integral part of these statements.
Commitments and Contingencies (See accompanying notes.)