Radio Shack 2004 Annual Report Download - page 37

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Consolidated Balance Sheets
RadioShack Corporation and Subsidiaries
December 31,
(In millions, except for share amounts) 2004 2003
Assets
Current assets:
Cash and cash equivalents $ 437.9 $ 634.7
Accounts and notes receivable, net 241.0 182.4
Inventories, net 1,003.7 766.5
Other current assets 92.5 83.0
Total current assets 1,775.1 1,666.6
Property, plant and equipment, net 652.0 513.1
Other assets, net 89.6 64.2
Total assets $2,516.7 $2,243.9
Liabilities and Stockholders’ Equity
Current liabilities:
Short-term debt, including current maturities of long-term debt $55.6 $ 77.4
Accounts payable 442.2 300.2
Accrued expenses and other current liabilities 342.1 343.0
Income taxes payable 117.5 137.5
Total current liabilities 957.4 858.1
Long-term debt, excluding current maturities 506.9 541.3
Other non-current liabilities 130.3 75.2
Total liabilities 1,594.6 1,474.6
Commitments and contingent liabilities (see Notes 14 and 15)
Stockholders’ equity:
Preferred stock, no par value, 1,000,000 shares authorized:
Series A junior participating, 300,000 shares designated and none issued ––
Series B convertible, 100,000 shares authorized and none issued ––
Common stock, $1 par value, 650,000,000 shares authorized;
191,033,000 shares issued 191.0 191.0
Additional paid-in capital 82.7 75.2
Retained earnings 1,508.1 1,210.6
Treasury stock, at cost; 32,835,000 and 28,481,000 shares, respectively (859.4) (707.2)
Accumulated other comprehensive loss (0.3) (0.3)
Total stockholders’ equity 922.1 769.3
Total liabilities and stockholders’ equity $2,516.7 $2,243.9
The accompanying notes are an integral part of these consolidated financial statements.
35
AR2004