Wendy's 2011 Annual Report Download - page 93
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THE WENDY’S COMPANY AND SUBSIDIARIES
WENDY’S RESTAURANTS, LLC AND SUBSIDIARIES
COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
(In Thousands Except Per Share Amounts)
(7) Pledged Assets
The following is a summary of assets pledged as collateral for certain debt:
Year End 2011
Wendy’s
Restaurants Corporate
The Wendy’s
Company
Cash and cash equivalents ............................. $ 307,167 $— $ 307,167
Accounts and notes receivable (including long-term) ......... 74,249 — 74,249
Inventories ......................................... 11,766 — 11,766
Properties ......................................... 315,696 — 315,696
Goodwill .......................................... 828,413 — 828,413
Other intangible assets ................................ 1,203,930 — 1,203,930
Investments ........................................ 19,000 — 19,000
Other assets ........................................ 17,663 8,776 26,439
$2,777,884 $8,776 $2,786,660
Year End 2010
Wendy’s
Restaurants Corporate
The Wendy’s
Company
Cash and cash equivalents ............................. $ 172,921 $— $ 172,921
Accounts and notes receivable (including long-term) ......... 92,336 — 92,336
Inventories ......................................... 21,558 — 21,558
Properties ......................................... 497,420 9,183 506,603
Goodwill .......................................... 841,156 — 841,156
Other intangible assets ................................ 1,233,530 — 1,233,530
Other assets ........................................ 24,309 13 24,322
$2,883,230 $9,196 $2,892,426
(8) Investments
The following is a summary of the carrying value of our investments:
Year End
2011 2010
Equity investments:
Joint venture with THI ........................................ $ 91,742 $ 98,631
Joint venture in Japan ......................................... 77 —
Cost investments:
Arby’s ..................................................... 19,000 —
Other cost investment ......................................... 3,832 3,775
Total Wendy’s Restaurants ................................. 114,651 102,406
Cost investments:
Jurlique .................................................... 325 325
Other cost investments ........................................ 4,295 4,492
Total The Wendy’s Company .............................. $119,271 $107,223
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