Albertsons 2005 Annual Report Download - page 55

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SUPERVALU INC. and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(In thousands, except per share data)
February 26,
2005
February 28,
2004
ASSETS
Current assets
Cash and cash equivalents $ 463,915 $ 291,956
Receivables, less allowance for losses of $22,523 in 2005 and $18,531 in 2004 468,629 447,872
Inventories 1,032,034 1,078,343
Other current assets 161,922 218,996
Total current assets 2,126,500 2,037,167
Long-term notes receivable, less allowance for losses of $11,240 in 2005 and $15,913 in 2004 35,115 61,041
Long-term investment in direct financing leases 53,436 68,688
Property, plant and equipment
Land 154,548 143,037
Buildings 1,114,863 1,103,569
Property under construction 18,522 6,200
Leasehold improvements 453,130 365,858
Equipment 1,727,094 1,651,385
Assets under capital leases 564,543 563,412
4,032,700 3,833,461
Less accumulated depreciation and amortization 1,831,695 1,699,025
Net property, plant and equipment 2,201,005 2,134,436
Goodwill 1,627,847 1,557,057
Other assets 234,439 303,382
Total assets $6,278,342 $6,161,771
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable $1,111,240 $1,041,561
Accrued vacation, compensation and benefits 240,862 259,827
Current maturities of long-term debt 64,320 273,811
Current obligations under capital leases 35,143 32,133
Income taxes currently payable 52,208 106,577
Other current liabilities 127,818 97,643
Total current liabilities 1,631,591 1,811,552
Long-term debt 1,051,888 1,111,486
Long-term obligations under capital leases 526,979 522,235
Deferred income taxes 150,654 143,072
Other liabilities 406,669 363,852
Commitments and contingencies
Stockholders’ equity
Common stock, $1.00 par value: Authorized 400,000 shares
Shares issued, 150,670 in 2005 and 2004 150,670 150,670
Capital in excess of par value 116,047 102,352
Accumulated other comprehensive losses (104,581) (98,732)
Retained earnings 2,658,012 2,353,575
Treasury stock, at cost, 15,192 shares in 2005 and 15,910 shares in 2004 (309,587) (298,291)
Total stockholders’ equity 2,510,561 2,209,574
Total liabilities and stockholders’ equity $6,278,342 $6,161,771
See Notes to Consolidated Financial Statements.
F-9