Yahoo 2008 Annual Report Download - page 63

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2007 2008
(In thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 1,513,930 $ 2,292,296
Short-term marketable debt securities ................................. 487,544 1,159,691
Accounts receivable, net of allowance of $46,521 and $51,600,
respectively ................................................... 1,055,532 1,060,450
Prepaid expenses and other current assets ............................. 180,716 233,061
Total current assets ........................................... 3,237,722 4,745,498
Long-term marketable debt securities ..................................... 361,998 69,986
Property and equipment, net ............................................ 1,331,632 1,536,181
Goodwill ........................................................... 4,002,030 3,440,889
Intangible assets, net .................................................. 611,497 485,860
Other long-term assets ................................................. 503,945 233,989
Investments in equity interests .......................................... 2,180,917 3,177,445
Total assets ......................................................... $12,229,741 $13,689,848
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ................................................ $ 176,162 $ 151,897
Accrued expenses and other current liabilities .......................... 1,006,188 1,139,894
Deferred revenue ................................................. 368,470 413,224
Short-term debt .................................................. 749,628 —
Total current liabilities ........................................ 2,300,448 1,705,015
Long-term deferred revenue ............................................ 95,129 218,438
Capital lease and other long-term liabilities ................................ 28,086 77,062
Deferred and other long-term tax liabilities, net ............................. 260,993 420,372
Commitments and contingencies ........................................ — —
Minority interests in consolidated subsidiaries .............................. 12,254 18,019
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; 1,534,893 and
1,600,220 shares issued, respectively, and 1,330,828 and 1,391,560 shares
outstanding, respectively ......................................... 1,527 1,595
Additional paid-in capital .......................................... 9,937,010 11,548,393
Treasury stock at cost, 204,065 and 208,660 shares, respectively ........... (5,160,772) (5,267,484)
Retained earnings ................................................ 4,423,864 4,848,162
Accumulated other comprehensive income ............................ 331,202 120,276
Total stockholders’ equity ...................................... 9,532,831 11,250,942
Total liabilities and stockholders’ equity .................................. $12,229,741 $13,689,848
The accompanying notes are an integral part of these consolidated financial statements.
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