Air Canada 2010 Annual Report Download - page 89

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Consolidated Financial Statements and Notes
89
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As at December 31
(Canadian dollars in millions) 2010 2009
ASSETS 
Current 
Cash and cash equivalents Note 2O $ 1,090 $ 1,115
Short-term investments Note 2P 1,102 292
2,192 1,407
Restricted cash Note 2Q 80 78
Accounts receivable 641 701
Aircraft fuel inventory 67 63
Spare parts and supplies inventory Note 2R 88 64
Prepaid expenses and other current assets 377 338
3,445 2,651
Property and equipment Note 3 5,747 6,369
Intangible assets Note 4 840 916
Deposits and other assets Note 5 512 470
$ 10,544 $ 10,406
LIABILITIES
Current
Accounts payable and accrued liabilities $ 1,182 $ 1,246
Advance ticket sales 1,375 1,288
Current portion of long-term debt and capital leases Note 6 505 468
3,062 3,002
Long-term debt and capital leases Note 6 3,952 4,054
Future income taxes Note 7 80 85
Pension and other benefit liabilities Note 8 1,059 1,163
Other long-term liabilities Note 9 482 455
8,635 8,759
Non-controlling interest 169 201
SHAREHOLDERS’ EQUITY
Share capital Note 11 534 532
Contributed surplus 1,826 1,825
Deficit (620) (727)
Accumulated other comprehensive loss Notes 2L &15 - (184)
1,740 1,446
$ 10,544 $ 10,406
The accompanying notes are an integral part of the consolidated financial statements.
Commitments (Note 14); Contingencies, Guarantees, and Indemnities (Note 17).
On behalf of the Board of Directors:
Signed Signed
David I. Richardson Michael M. Green
Chairman Chair of the Audit, Finance and Risk Committee