AmerisourceBergen 2007 Annual Report Download - page 19

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Consolidated Balance Sheets
(in thousands, except share and per share data)
September 30, 2007 2006
Assets
Current assets:
Cash and cash equivalents $ 640,204 $ 1,261,268
Short-term investment securities available-for-sale 467,419 67,840
Accounts receivable, less allowances for returns and doubtful accounts:
2007 — $393,663; 2006 — $406,624 3,472,358 3,427,139
Merchandise inventories 4,101,502 4,422,055
Prepaid expenses and other 32,817 32,105
Total current assets 8,714,300 9,210,407
Property and equipment, at cost:
Land 35,793 35,993
Buildings and improvements 243,481 251,321
Machinery, equipment and other 512,188 536,621
Total property and equipment 791,462 823,935
Less accumulated depreciation 284,478 314,189
Property and equipment, net 506,984 509,746
Other assets:
Goodwill 2,611,055 2,588,712
Intangibles, deferred charges and other 477,725 475,055
Total other assets 3,088,780 3,063,767
Total Assets $12,310,064 $12,783,920
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $ 6,988,782 $ 6,499,264
Accrued expenses and other 338,559 403,911
Current portion of long-term debt 476 1,560
Accrued income taxes 32,099 74,607
Deferred income taxes 497,120 479,846
Total current liabilities 7,857,036 7,459,188
Long-term debt, net of current portion 1,227,298 1,093,931
Other liabilities 126,010 89,644
Stockholders’ equity:
Common stock, $0.01 par value — authorized, issued and outstanding:
600,000,000 shares, 237,926,795 shares and 169,476,139 shares at
September 30, 2007, respectively, and 600,000,000 shares, 235,392,882
shares and 196,350,532 shares at September 30, 2006, respectively 2,379 2,354
Additional paid-in capital 3,583,387 3,466,944
Retained earnings 2,286,489 2,051,212
Accumulated other comprehensive loss (5,247) (15,303)
Treasury stock, at cost: 2007 — 68,450,656 shares; 2006 — 39,042,350 shares (2,767,288) (1,364,050)
Total stockholders’ equity 3,099,720 4,141,157
Total Liabilities and Stockholders’ Equity $12,310,064 $12,783,920
See notes to consolidated financial statements in the Company’s Annual Report on Form 10-K as filed with the SEC for the Fiscal Year Ended
September 30, 2007. 17