Invacare 2011 Annual Report Download - page 120
Download and view the complete annual report
Please find page 120 of the 2011 Invacare annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131
-
132
-
133
-
134
-
135
-
136
 |
 |
INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Supplemental Guarantor Information—Continued
CONSOLIDATING CONDENSED BALANCE SHEETS
The
Company
(Parent)
Combined
Guarantor
Subsidiaries
Combined
Non-Guarantor
Subsidiaries Eliminations Total
(in thousands)
December 31, 2011
Assets
Current Assets
Cash and cash equivalents .......... $ 3,642 $ 2,104 $ 29,178 $ — $ 34,924
Trade receivables, net ............. 83,522 74,161 90,291 — 247,974
Installment receivables, net ......... — 1,180 5,491 — 6,671
Inventories, net .................. 45,937 49,336 99,006 (1,518) 192,761
Deferred income taxes ............. 422 45 1,153 — 1,620
Other current assets ............... 10,171 6,517 33,812 (5,680) 44,820
Total Current Assets ............. 143,694 133,343 258,931 (7,198) 528,770
Investment in subsidiaries ............. 1,560,693 524,800 — (2,085,493) —
Intercompany advances, net ........... 79,598 846,829 200,157 (1,126,584) —
Other Assets ........................ 40,813 698 1,136 — 42,647
Other Intangibles .................... 821 26,838 55,661 — 83,320
Property and Equipment, net .......... 45,459 17,770 66,483 — 129,712
Goodwill ........................... — 54,894 441,711 — 496,605
Total Assets .................... $1,871,078 $1,605,172 $1,024,079 $(3,219,275) $1,281,054
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable ................. $ 73,948 $ 18,078 $ 56,779 $ — $ 148,805
Accrued expenses ................ 37,708 21,038 79,529 (5,680) 132,595
Accrued income taxes ............. 508 — 987 — 1,495
Short-term debt and current maturities
of long-term obligations ......... 4,210 4 830 — 5,044
Total Current Liabilities .......... 116,374 39,120 138,125 (5,680) 287,939
Long-Term Debt .................... 252,855 227 7,358 — 260,440
Other Long-Term Obligations ......... 47,873 7,312 50,965 — 106,150
Intercompany advances, net ........... 827,451 210,005 89,128 (1,126,584) —
Total Shareholders’ Equity ........ 626,525 1,348,508 738,503 (2,087,011) 626,525
Total Liabilities and Shareholders’
Equity ....................... $1,871,078 $1,605,172 $1,024,079 $(3,219,275) $1,281,054
FS-48