Westjet 2001 Annual Report Download - page 43

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41
December 31, 2001 and 2000
(Stated in Thousands of Dollars)
2001 2000
Assets
Current assets:
Cash and cash equivalents $ 58,942 $ 79,025
Accounts receivable 12,211 6,447
Income taxes recoverable 779 -
Prepaid expenses and deposits 11,643 6,099
Inventory 2,155 604
85,730 92,175
Capital assets (note 2) 300,685 239,320
Other long-term assets (note 3) 7,488 5,677
$ 393,903 $ 337,172
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable and accrued liabilities $ 42,019 $ 43,616
Income taxes payable - 10,471
Advance ticket sales 28,609 18,764
Non-refundable passenger credits 12,599 6,996
Current portion of long-term debt (note 4) 8,470 9,336
Current portion of obligations under capital lease (note 5) 3,398 1,597
95,095 90,780
Long-term debt (note 4) 41,305 40,953
Obligations under capital lease (note 5) 14,400 8,519
Future income tax (note 7) 20,933 15,828
171,733 156,080
Shareholders’ equity:
Share capital (note 6) 129,268 125,390
Retained earnings 92,902 55,702
222,170 181,092
Commitments (notes 5 and 8)
Subsequent events (note 10)
$ 393,903 $ 337,172
See accompanying notes to consolidated financial statements.
On behalf of the Board:
Clive Beddoe __________________ Director
Wilmot Matthews __________________ Director
WESTJET AIRLINES LTD. CONSOLIDATED BALANCE SHEETS
(signed)
(signed)