HR Block 2005 Annual Report Download - page 109

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CONSOLIDATED BALANCE SHEETS
(Amounts in 000s, except share and per share amounts)
Restated(1)
April 30, 2005 2004
ASSETS
CURRENT ASSETS ⬎⬎⬎
Cash and cash equivalents $ 1,100,213 $ 1,072,745
Cash and cash equivalents – restricted 516,909 545,428
Receivables from customers, brokers, dealers and clearing organizations, less allowance
for doubtful accounts of $1,151 and $1,103 590,226 625,076
Receivables, less allowance for doubtful accounts of $38,879 and $53,418 418,788 329,219
Prepaid expenses and other current assets 444,498 381,024
Total current assets 3,070,634 2,953,492
Residual interests in securitizations – available-for-sale 205,936 210,973
Beneficial interest in Trusts – trading 215,367 153,818
Mortgage servicing rights 166,614 113,821
Property and equipment, net 330,150 273,303
Intangible assets, net 247,092 293,477
Goodwill, net 1,015,947 993,467
Other assets 287,543 240,381
Total assets $ 5,539,283 $ 5,232,732
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES ⬎⬎⬎
Current portion of long-term debt $ 25,545 $ 275,669
Accounts payable to customers, brokers and dealers 950,684 1,065,793
Accounts payable, accrued expenses and other 564,749 461,640
Accrued salaries, wages and payroll taxes 318,644 280,367
Accrued income taxes 349,298 413,868
Total current liabilities 2,208,920 2,497,337
Long-term debt 923,073 545,811
Other noncurrent liabilities 430,919 369,769
Total liabilities 3,562,912 3,412,917
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY ⬎⬎⬎
Common stock, no par, stated value $.01 per share, 800,000,000 shares
authorized, 435,890,796 shares issued at April 30, 2005 and 2004 4,359 4,359
Convertible preferred stock, no par, stated value $.01 per share,
500,000 shares authorized ––
Additional paid-in capital 598,388 542,885
Accumulated other comprehensive income 68,718 66,211
Retained earnings 3,188,785 2,695,916
Less treasury shares, at cost (1,883,879) (1,489,556)
Total stockholders’ equity 1,976,371 1,819,815
Total liabilities and stockholders’ equity $ 5,539,283 $ 5,232,732
See accompanying notes to consolidated financial statements.
(1) See note 2.
H&R BLOCK 2005 Form 10K
47