Logitech 2007 Annual Report Download - page 123
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LOGITECH INTERNATIONAL S.A.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
March 31,
2007 2006
ASSETS
Current assets:
Cash and cash equivalents ............................................ $ 196,197 $ 245,014
Short-term investments .............................................. 214,625 —
Accounts receivable ................................................ 310,377 289,849
Inventories ........................................................ 217,964 196,864
Other current assets ................................................. 68,257 34,479
Total current assets ............................................. 1,007,420 766,206
Investments ........................................................... 14 36,414
Property, plant and equipment ............................................ 87,054 74,810
Goodwill ............................................................. 179,991 135,396
Other intangible assets .................................................. 18,920 11,175
Other assets ........................................................... 34,064 33,063
Total assets ................................................... $1,327,463 $1,057,064
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt .................................................... $ 11,856 $ 14,071
Accounts payable .................................................. 218,129 181,290
Accrued liabilities .................................................. 235,0
9
162,922
Total current liabilities .......................................... 465,06 358,283
Long-term debt ........................................................ — 4
Other liabilities ........................................................ 17,874 13,601
Total liabilities ................................................ 482,93 371,888
Commitments and contingencies
Shareholders’ equity:
Shares, par value CHF 0.25 – 231,606,620 authorized, 71,561,860 conditionally
authorized, 191,606,620 issued at March 31, 2007 and 2006 ............... 33,370 33,370
Additional paid-in capital ............................................ 72,779 100,339
Less shares in treasury, at cost, 9,363,639 at March 31, 2007 and 8,955,226 at
March 31, 2006 .................................................. (217,073) (186,080)
Retained earnings .................................................. 995,606 765,758
Accumulated other comprehensive loss ................................. (40,158) (28,211)
Total shareholders’ equity ........................................ 844,524 685,176
Total liabilities and shareholders’ equity ............................ $1,327,46 $1,057,064
The accompanying notes are an integral part of these consolidated financial statements.
F-5
CG
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