Yahoo 2009 Annual Report Download - page 67

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2008 2009
(In thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 2,292,296 $ 1,275,430
Short-term marketable debt securities ................................. 1,159,691 2,015,655
Accounts receivable, net of allowance of $51,600 and $41,003 as of
December 31, 2008 and 2009, respectively .......................... 1,060,450 1,003,362
Prepaid expenses and other current assets ............................. 233,061 300,325
Total current assets ........................................... 4,745,498 4,594,772
Long-term marketable debt securities ..................................... 69,986 1,226,919
Property and equipment, net ............................................ 1,536,181 1,426,862
Goodwill ........................................................... 3,440,889 3,640,373
Intangible assets, net .................................................. 485,860 355,883
Other long-term assets ................................................. 233,989 194,933
Investments in equity interests .......................................... 3,177,445 3,496,288
Total assets ......................................................... $13,689,848 $14,936,030
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ................................................ $ 151,897 $ 136,769
Accrued expenses and other current liabilities .......................... 1,139,894 1,169,815
Deferred revenue ................................................. 413,224 411,144
Total current liabilities ........................................ 1,705,015 1,717,728
Long-term deferred revenue ............................................ 218,438 122,550
Capital lease and other long-term liabilities ................................ 77,062 83,021
Deferred and other long-term tax liabilities, net ............................. 420,372 494,095
Total liabilities ...................................................... 2,420,887 2,417,394
Commitments and contingencies (Note 13) ................................ — —
Yahoo! Inc. 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; 1,600,220
shares issued and 1,391,560 shares outstanding as of December 31, 2008
and 1,413,718 shares issued and 1,406,075 shares outstanding as of
December 31, 2009 ............................................. 1,595 1,410
Additional paid-in capital .......................................... 11,643,635 10,640,367
Treasury stock at cost, 208,660 shares as of December 31, 2008 and 7,643
shares as of December 31, 2009 ................................... (5,267,484) (117,331)
Retained earnings ................................................ 4,752,920 1,599,638
Accumulated other comprehensive income ............................ 120,276 369,236
Total Yahoo! Inc. stockholders’ equity ............................ 11,250,942 12,493,320
Noncontrolling interests ............................................... 18,019 25,316
Total equity ......................................................... 11,268,961 12,518,636
Total liabilities and equity .............................................. $13,689,848 $14,936,030
The accompanying notes are an integral part of these consolidated financial statements.
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