Incredimail 2012 Annual Report Download - page 96

PERION NETWORK LTD. AND ITS SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands (except share and per share data)
The accompanying notes are an integral part of the consolidated financial statements.
December 31,
2011
2012
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Current maturities of long term debt
$
-
$
2,300
Trade payables
3,207
9,560
Deferred revenues
4,280
5,132
Payment obligation related to acquisitions
6,574
20,317
Accrued expenses and other liabilities
6,950
14,679
Total current liabilities
21,011
51,988
LONG
-
TERM LIABILITIES:
Long
-
term debt
-
6,550
Contingent purchase consideration
-
6,078
Deferred revenues
1,120
-
Other long term liabilities
958
3,833
Total long-term liabilities
2,078
16,461
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:
Share capital
-
Ordinary shares of NIS 0.01 par value
-
Authorized: 40,000,000 shares at December 31, 2011 and 2012, respectively; Issued and outstanding:
9,916,194 and 12,064,510 shares at December 31, 2011 and 2012, respectively
22
28
Additional paid
-
in capital
25,714
45,069
Retained earnings
7,081
10,615
Treasury stock
(1,002
)
(1,002
)
Total shareholders' equity
31,815
54,710
Total liabilities and shareholders' equity
$
54,904
$
123,159
F
-
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