Wendy's 2012 Annual Report Download - page 62
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THE WENDY’S COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands)
December 30,
2012
January 1,
2012
ASSETS
Current assets:
Cash and cash equivalents ............................................. $ 453,361 $ 475,231
Accounts and notes receivable .......................................... 61,164 68,349
Inventories ........................................................ 13,805 12,903
Prepaid expenses and other current assets ................................. 24,231 27,397
Deferred income tax benefit ........................................... 91,489 80,970
Advertising funds restricted assets ....................................... 65,777 70,547
Total current assets .............................................. 709,827 735,397
Properties ............................................................. 1,250,338 1,192,200
Goodwill ............................................................. 876,201 870,431
Other intangible assets ................................................... 1,301,537 1,304,288
Investments ........................................................... 113,283 119,271
Deferred costs and other assets ............................................. 52,013 67,542
Total assets .................................................... $4,303,199 $4,289,129
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt ...................................... $ 12,911 $ 6,597
Accounts payable ................................................... 70,826 81,301
Accrued expenses and other current liabilities .............................. 137,348 178,298
Advertising funds restricted liabilities .................................... 65,777 70,547
Total current liabilities ........................................... 286,862 336,743
Long-term debt ........................................................ 1,444,651 1,350,402
Deferred income taxes ................................................... 438,217 458,107
Other liabilities ......................................................... 147,614 147,808
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 ............................................. 2,782,765 2,779,871
Accumulated deficit ................................................. (467,007) (434,999)
Common stock held in treasury, at cost .................................. (382,926) (395,947)
Accumulated other comprehensive income ................................ 5,981 102
Total stockholders’ equity ......................................... 1,985,855 1,996,069
Total liabilities and stockholders’ equity .............................. $4,303,199 $4,289,129
See accompanying notes to consolidated financial statements.
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