SanDisk 2013 Annual Report Download - page 170

SANDISK CORPORATION
CONSOLIDATED BALANCE SHEETS
December 29, December 30,
2013 2012
(In thousands, except for share
and per share amounts)
ASSETS
Current assets:
Cash and cash equivalents ..................................... $ 986,246 $ 995,470
Short-term marketable securities ................................. 1,919,611 1,880,034
Accounts receivable, net ....................................... 682,809 626,025
Inventory ................................................. 756,975 750,075
Deferred taxes ............................................. 138,192 93,877
Other current assets .......................................... 166,885 260,879
Total current assets ....................................... 4,650,718 4,606,360
Long-term marketable securities .................................... 3,179,471 2,835,931
Property and equipment, net ....................................... 655,794 665,542
Notes receivable and investments in Flash Ventures ....................... 1,134,620 1,460,112
Deferred taxes ................................................ 134,669 168,718
Goodwill .................................................... 318,111 201,735
Intangible assets, net ............................................ 247,904 246,919
Other non-current assets .......................................... 167,430 153,810
Total assets ............................................ $10,488,717 $10,339,127
LIABILITIES
Current liabilities:
Accounts payable trade ....................................... $ 282,582 $ 254,459
Accounts payable to related parties ............................... 146,964 214,806
Convertible short-term debt .................................... — 906,708
Other current accrued liabilities .................................. 509,732 257,539
Deferred income on shipments to distributors and retailers and deferred
revenue ................................................ 291,302 248,155
Total current liabilities ..................................... 1,230,580 1,881,667
Convertible long-term debt ........................................ 1,985,363 789,913
Non-current liabilities ............................................ 307,083 407,947
Total liabilities .......................................... 3,523,026 3,079,527
Commitments and contingencies (see Note 12)
EQUITY
Stockholders’ equity:
Preferred stock, $0.001 par value, Authorized shares: 4,000,000, Issued and
outstanding: none .......................................... — —
Common stock, $0.001 par value, Authorized shares: 800,000,000, Issued and
outstanding: 225,290,940 in 2013 and 241,432,252 in 2012 ............... 225 241
Capital in excess of par value ................................... 5,040,017 5,027,271
Retained earnings ........................................... 2,004,089 2,071,268
Accumulated other comprehensive income (loss) ...................... (76,459) 165,121
Total stockholders’ equity ................................... 6,967,872 7,263,901
Non-controlling interests .......................................... (2,181) (4,301)
Total equity ............................................... 6,965,691 7,259,600
Total liabilities and equity ...................................... $10,488,717 $10,339,127
The accompanying notes are an integral part of these consolidated financial statements.
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