Yahoo 2005 Annual Report Download - page 66

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60
Consolidated Balance Sheets YAHOO! INC.
(in thousands, except par values)
December 31,
2004 2005
ASSETS
Current assets:
Cash and cash equivalents $ 823,723 $ 1,429,693
Marketable debt securities 1,875,964 1,131,141
Marketable equity securities 812,288 —
Accounts receivable, net of allowance of $34,215 and $41,857, respectively 479,993 721,723
Prepaid expenses and other current assets 98,507 166,976
Total current assets 4,090,475 3,449,533
Long-term marketable debt securities 1,042,575 1,439,014
Property and equipment, net 531,696 697,522
Goodwill 2,550,957 2,895,557
Intangible assets, net 480,666 534,615
Other assets 242,029 57,192
Investments in equity interests 239,803 1,758,401
Total assets $ 9,178,201 $ 10,831,834
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 48,205 $ 70,291
Accrued expenses and other current liabilities 853,115 827,589
Deferred revenue 279,387 306,172
Total current liabilities 1,180,707 1,204,052
Long-term deferred revenue 65,875 67,792
Long-term debt 750,000 749,995
Other long-term liabilities 35,907 243,580
Commitments and contingencies (Note 13)
Minority interests in consolidated subsidiaries 44,266 —
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; 1,383,584
and 1,430,162 issued and outstanding, respectively 1,416 1,470
Additional paid-in capital 5,682,884 6,417,858
Deferred stock-based compensation (28,541 ) (235,394)
Treasury stock (159,988 ) (547,723)
Retained earnings 1,069,939 2,966,169
Accumulated other comprehensive income (loss) 535,736 (35,965)
Total stockholders’ equity 7,101,446 8,566,415
Total liabilities and stockholders’ equity $ 9,178,201 $ 10,831,834
The accompanying notes are an integral part of these consolidated financial statements.