Dollar General 2004 Annual Report Download - page 58

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56
Notes to Consolidated Financial Statements (continued)
The following consolidating schedules present condensed financial information on a combined basis. Dollar amounts are
in thousands.
As of January 28, 2005
Dollar General
Corporation
Guarantor
Subsidiaries Eliminations
Consolidated
Total
Balance Sheet:
Assets
Current assets:
Cash and cash equivalents $ 127,170 $ 105,660 $ — $ 232,830
Short-term investments 42,425 500 — 42,925
Merchandise inventories — 1,376,537 — 1,376,537
Deferred income taxes 10,024 14,884 — 24,908
Prepaid expenses and other current assets 23,305 1,740,029 (1,709,632) 53,702
Total current assets 202,924 3,237,610 (1,709,632) 1,730,902
Property and equipment, at cost 184,618 1,755,717 — 1,940,335
Less accumulated depreciation and amortization 78,661 780,836 — 859,497
Net property and equipment 105,957 974,881 — 1,080,838
Other assets, net 3,376,578 58,373 (3,405,687) 29,264
Total assets $ 3,685,459 $4,270,864 $(5,115,319) $2,841,004
Liabilities and Shareholders’ Equity
Current liabilities:
Current portion of long-term obligations $ 4,399 $ 8,461 $ — $ 12,860
Accounts payable 1,763,024 355,904 (1,709,601) 409,327
Accrued expenses and other 37,378 296,511 — 333,889
Income taxes payable — 69,647 (31) 69,616
Total current liabilities 1,804,801 730,523 (1,709,632) 825,692
Long-term obligations 190,769 1,261,998 (1,194,305) 258,462
Deferred income taxes 5,424 66,961 — 72,385
Shareholders’ equity:
Preferred stock — — — —
Common stock 164,086 23,853 (23,853) 164,086
Additional paid-in capital 421,600 1,243,468 (1,243,468) 421,600
Retained earnings 1,102,457 944,061 (944,061) 1,102,457
Accumulated other comprehensive loss (973) — — (973)
1,687,170 2,211,382 (2,211,382) 1,687,170
Other shareholders’ equity (2,705) — — (2,705)
Total shareholders’ equity 1,684,465 2,211,382 (2,211,382) 1,684,465
Total liabilities and shareholders’ equity $ 3,685,459 $4,270,864 $(5,115,319) $2,841,004