World Fuel Services 2008 Annual Report Download - page 57

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Supplemental Schedule of Noncash Investing and Financing Activities
Cash dividends declared, but not yet paid, of $1.1 million are included in accrued expenses and other current
liabilities as of December 31, 2008 and 2007.
We had unpaid capital expenditures of approximately $1.3 million for 2007 which were included in accrued
expenses and other current liabilities as of December 31, 2007.
In 2007, we issued a promissory note of approximately $5.0 million in connection with our acquisition of
AVCARD (as defined in Note 1). See Note 1 in the accompanying consolidated financial statements for
additional information on the promissory note.
In June 2008, we issued a promissory note of $14.0 million and 410,088 shares of our common stock with
an estimated fair value of $9.9 million in connection with our acquisition of certain assets of Texor Petroleum
Company, Inc.
During 2008, in connection with our March 2006 acquisition of the remaining 33% of the outstanding equity
interest of Tramp Oil (Brasil) Limitada from the minority owners, we recorded an accrual and an increase in
goodwill of $4.5 million related to the Earn-Out (as defined in Note 1).
The accompanying notes are an integral part of these consolidated financial statements.
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