Wendy's 2010 Annual Report Download - page 79

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Item 8. Financial Statements and Supplementary Data
WENDY’S/ARBY’S GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
January 2,
2011
January 3,
2010
ASSETS
Current assets:
Cash and cash equivalents ............................................. $ 512,508 $ 591,719
Accounts and notes receivable .......................................... 84,258 88,004
Inventories ........................................................ 22,694 23,024
Prepaid expenses and other current assets ................................. 24,386 29,212
Deferred income tax benefit ........................................... 34,389 66,557
Advertising funds restricted assets ....................................... 76,553 80,476
Total current assets .............................................. 754,788 878,992
Properties ............................................................. 1,551,261 1,619,248
Other intangible assets ................................................... 1,358,574 1,392,883
Goodwill ............................................................. 883,644 881,019
Investments ........................................................... 107,223 107,020
Notes receivable ........................................................ 12,612 39,295
Deferred costs and other assets ............................................. 64,552 56,959
Total assets .................................................... $4,732,654 $4,975,416
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...................................... $ 18,415 $ 22,127
Accounts payable ................................................... 81,361 103,454
Accrued expenses and other current liabilities .............................. 245,157 269,090
Advertising funds restricted liabilities .................................... 76,553 80,476
Total current liabilities ........................................... 421,486 475,147
Long-term debt ........................................................ 1,553,987 1,500,784
Deferred income ........................................................ 11,460 13,195
Deferred income taxes ................................................... 412,293 475,538
Other liabilities ......................................................... 170,254 174,413
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.10 par value; 1,500,000 shares authorized; 470,424 shares
issued .......................................................... 47,042 47,042
Additional paid-in capital ............................................. 2,771,126 2,761,433
Accumulated deficit ................................................. (412,464) (380,480)
Common stock held in treasury, at cost .................................. (249,547) (85,971)
Accumulated other comprehensive income (loss) ........................... 7,017 (5,685)
Total stockholders’ equity ......................................... 2,163,174 2,336,339
Total liabilities and stockholders’ equity .............................. $4,732,654 $4,975,416
See accompanying notes to consolidated financial statements.
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