SkyWest Airlines 2004 Annual Report Download - page 33

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31
SKYWEST, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
ASSETS
December 31,
2004
December 31,
2003
CURRENT ASSETS:
Cash and cash equivalents $ 113,020 $ 112,407
Marketable securities 427,517 358,827
Restricted cash 9,160 9,160
Income tax receivable 8,999 62,908
Receivables, net 27,964 12,192
Inventories 33,922 26,080
Prepaid aircraft rents 61,550 52,958
Other current assets 30,205 35,836
Total current assets 712,337 670,368
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares 1,095,363 968,581
Deposits on aircraft 66,346 58,500
Buildings and ground equipment 100,268 81,351
1,261,977 1,108,432
Less-accumulated depreciation and amortization (329,430) (264,514)
Total property and equipment, net 932,547 843,918
OTHER ASSETS 17,403 14,924
Total assets $ 1,662,287 $ 1,529,210
See accompanying notes to consolidated financial statements.