SkyWest Airlines 2008 Annual Report Download - page 58
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SKYWEST, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
ASSETS
December 31, December 31,
2008 2007
CURRENT ASSETS:
Cash and cash equivalents ................................... $ 125,892 $ 122,802
Marketable securities ....................................... 568,567 522,925
Restricted cash ........................................... 10,728 14,705
Income tax receivable ....................................... 14,868 23,114
Receivables, net ........................................... 55,458 81,216
Inventories, net ........................................... 104,383 105,738
Prepaid aircraft rents ....................................... 226,474 223,891
Deferred tax assets ........................................ 76,093 70,523
Other current assets ........................................ 38,205 45,225
Total current assets ....................................... 1,220,668 1,210,139
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares ................................... 3,273,705 3,146,602
Deposits on aircraft ........................................ 20,390 23,848
Buildings and ground equipment ............................... 239,573 215,466
3,533,668 3,385,916
Less-accumulated depreciation and amortization ................... (824,293) (685,327)
Total property and equipment, net ............................ 2,709,375 2,700,589
OTHER ASSETS
Intangible assets, net ..................................... 26,247 28,498
Other assets ............................................ 58,001 51,299
Total other assets ........................................ 84,248 79,797
Total assets ............................................ $4,014,291 $3,990,525
See accompanying notes to consolidated financial statements.
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