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Table of Contents
SCHEDULE II
AVNET, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Years Ended June 29, 2013 , June 30, 2012 and July 2, 2011
______________________
73
Column A
Column B
Column C Column D Column E
Additions
Description
Balance at
Beginning of
Period
Charged to
Costs and
Expenses
Charged to
Other
Accounts —
Describe Deductions —
Describe
Balance at
End of
Period
(Thousands)
Fiscal 2013
Allowance for doubtful accounts
$
106,319
$
30,802
$
—
$
(
41,465
)
(a)
$
95,656
Valuation allowance on foreign tax
loss carry-forwards (Note 9)
244,093
(41,572
)
(b)
28,300
(c)
—
230,821
Fiscal 2012
Allowance for doubtful accounts
107,739
35,632
—
(
37,052
)
(a)
106,319
Valuation allowance on foreign tax
loss carry-forwards (Note 9)
310,772
(30,785
)
(d)
(35,894
)
(e)
—
244,093
Fiscal 2011
Allowance for doubtful accounts
81,197
39,255
—
(
12,713
)
(a)
107,739
Valuation allowance on foreign tax
loss carry-forwards (Note 9)
331,423
(76,055
)
55,404
(f)
—
310,772
(a)
Uncollectible accounts written off.
(b) Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $31,867,000
impacted the effective tax rate
offset by $4,812,000 , which impacted deferred taxes associated with the release of the valuation allowance (see Note 9).
(c)
Primarily related to additional valuation allowances for newly acquired companies and companies with a history of losses.
(d) Represents a reduction primarily due to the release of valuation allowance in EMEA, of which $26,231,000
impacted the effective tax rate
offset by $4,554,000 , which impacted deferred taxes associated with the release of the valuation allowance.
(e)
Primarily relates to the translation impact of changes in foreign currency exchange rates and acquired valuation allowances.
(f)
Includes the impact of deferred tax rate changes, the translation impact of changes in foreign currency exchange rates and the increase of
valuation allowance against associated deferred tax benefits as it was determined the related operating tax loss carry-
forward cannot be
utilized.