Sysco 2009 Annual Report Download - page 82

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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
June 27, 2009
(In thousands)
Current assets. ...................... $ 937,335 $ 36 $ 4,333,308 $ — $ 5,270,679
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 $ 8,757,587 $ (13,861,997) $ 10,216,619
Current liabilities ..................... $ 380,195 $ 954 $ 2,769,005 $ — $ 3,150,154
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 $ 8,757,587 $ (13,861,997) $ 10,216,619
Sysco
Sysco
International
Other Non-Guarantor
Subsidiaries Eliminations
Consolidated
Totals
Condensed Consolidating Balance Sheet
June 28, 2008
(In thousands)
Current assets. ...................... $ 526,109 $ — $ 4,648,924 $ — $ 5,175,033
Investment in subsidiaries . . . ........... 14,202,506 398,065 118,041 (14,718,612) —
Plant and equipment, net ............... 202,778 — 2,687,012 — 2,889,790
Other assets . . ...................... 593,699 1,262 1,422,509 — 2,017,470
Total assets. . . ...................... $ 15,525,092 $ 399,327 $ 8,876,486 $ (14,718,612) $ 10,082,293
Current liabilities ..................... $ 412,042 $ 986 $ 3,086,315 $ — $ 3,499,343
Intercompany payables (receivables) ....... 9,670,465 100,027 (9,770,492) — —
Long-term debt ...................... 1,729,401 199,752 46,282 — 1,975,435
Other liabilities ...................... 468,213 — 730,316 — 1,198,529
Shareholders’ equity .................. 3,244,971 98,562 14,784,065 (14,718,612) 3,408,986
Total liabilities and shareholders’ equity ..... $ 15,525,092 $ 399,327 $ 8,876,486 $ (14,718,612) $ 10,082,293
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