Yahoo 2003 Annual Report Download - page 53

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Consolidated Balance Sheets YAHOO! INC.
(in thousands, except par value)
December 31,
2002 2003
ASSETS
Current assets:
Cash and cash equivalents $ 310,972 $ 713,539
Short-term investments in marketable securities 463,204 595,978
Accounts receivable, net of allowance of $23,852 and $31,961, respectively 113,612 282,415
Prepaid expenses and other current assets 82,216 129,777
Total current assets 970,004 1,721,709
Long-term investments in marketable securities 763,408 1,261,693
Property and equipment, net 371,272 449,512
Goodwill 415,225 1,805,561
Intangible assets, net 96,252 445,640
Other assets 174,020 247,539
Total assets $2,790,181 $5,931,654
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 18,738 $ 31,890
Accrued expenses and other current liabilities 257,575 483,628
Deferred revenue 135,501 192,278
Total current liabilities 411,814 707,796
Long-term debt — 750,000
Other liabilities 84,540 72,890
Commitments and contingencies (Note 14)
Minority interests in consolidated subsidiaries 31,557 37,478
Stockholders’ equity:
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued or outstanding ——
Common Stock, $0.001 par value; 5,000,000 shares authorized; 594,860 and 660,704
issued and outstanding, respectively 611 678
Additional paid-in capital 2,430,222 4,288,816
Treasury stock (159,988) (159,988)
Retained earnings (accumulated deficit) (7,493) 230,386
Accumulated other comprehensive income (loss) (1,082) 3,598
Total stockholders’ equity 2,262,270 4,363,490
Total liabilities and stockholders’ equity $2,790,181 $5,931,654
The accompanying notes are an integral part of these consolidated financial statements.
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