Sysco 2010 Annual Report Download - page 91
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Please find page 91 of the 2010 Sysco 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.The following condensed consolidating financial statements present separately the financial position, results of operations and cash flows of the
parent guarantor (Sysco), the subsidiary issuer (Sysco International) and all other non-guarantor subsidiaries of Sysco (Other Non-Guarantor
Subsidiaries) on a combined basis and eliminating entries.
Sysco
Sysco
International
Other
Non-Guarantor
Subsidiaries Eliminations
Consolidated
Totals
Condensed Consolidating Balance Sheet
July 3, 2010
(In thousands)
Current assets ........................... $ 417,336 $ 33 $ 4,658,889 $ — $ 5,076,258
Investment in subsidiaries. .................. 14,979,871 465,641 142,925 (15,588,437) —
Plant and equipment, net . .................. 425,279 — 2,778,544 — 3,203,823
Other assets ............................ 362,658 597 1,670,365 — 2,033,620
Total assets ............................. $ 16,185,144 $ 466,271 $ 9,250,723 $ (15,588,437) $ 10,313,701
Current liabilities ......................... $ 444,274 $ 1,114 $ 2,563,810 $ — $ 3,009,198
Intercompany payables (receivables)............ 9,405,317 73,124 (9,478,441) — —
Long-term debt .......................... 2,225,781 199,881 47,000 — 2,472,662
Other liabilities........................... 411,781 — 592,534 — 1,004,315
Shareholders’ equity....................... 3,697,991 192,152 15,525,820 (15,588,437) 3,827,526
Total liabilities and shareholders’ equity. . . ....... $ 16,185,144 $ 466,271 $ 9,250,723 $ (15,588,437) $ 10,313,701
Sysco
Sysco
International
Other
Non-Guarantor
Subsidiaries Eliminations
Consolidated
Totals
Condensed Consolidating Balance Sheet
June 27, 2009
(In thousands)
Current assets ........................... $ 937,335 $ 36 $ 4,264,875 $ — $ 5,202,246
Investment in subsidiaries. .................. 13,293,437 403,363 165,197 (13,861,997) —
Plant and equipment, net . .................. 264,657 — 2,714,543 — 2,979,200
Other assets ............................ 421,371 830 1,544,539 — 1,966,740
Total assets ............................. $ 14,916,800 $ 404,229 $ 8,689,154 $ (13,861,997) $ 10,148,186
Current liabilities ......................... $ 380,195 $ 954 $ 2,700,572 $ — $ 3,081,721
Intercompany payables (receivables)............ 8,533,159 54,785 (8,587,944) — —
Long-term debt .......................... 2,219,655 199,816 48,015 — 2,467,486
Other liabilities........................... 413,651 — 735,626 — 1,149,277
Shareholders’ equity....................... 3,370,140 148,674 13,792,885 (13,861,997) 3,449,702
Total liabilities and shareholders’ equity. . . ....... $ 14,916,800 $ 404,229 $ 8,689,154 $ (13,861,997) $ 10,148,186
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