SkyWest Airlines 2005 Annual Report Download - page 46

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42
SKYWEST, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
ASSETS
December 31,
2005
December 31,
2004
CURRENT ASSETS:
Cash and cash equivalents $ 140,614 $ 113,020
Marketable securities 159,054 427,517
Restricted cash 24,823 9,160
Income tax receivable 12,534 8,999
Receivables, net 28,267 27,964
Inventories 68,611 33,922
Prepaid aircraft rents 178,762 61,550
Deferred tax assets 41,012 11,869
Other current assets 39,955 18,336
Total current assets 693,632 712,337
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares 2,727,595 1,095,363
Deposits on aircraft 90,235 66,346
Buildings and ground equipment 150,426 100,268
2,968,256 1,261,977
Less-accumulated depreciation and amortization (415,734) (329,430)
Total property and equipment, net 2,552,522 932,547
OTHER ASSETS
Intangible assets, net 33,043 -
Other assets 41,449 17,403
Total other assets 74,492 17,403
Total assets $ 3,320,646 $ 1,662,287
See accompanying notes to consolidated financial statements.