Yahoo 2012 Annual Report Download - page 79

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2011 2012
(In thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 1,562,390 $ 2,667,778
Short-term marketable debt securities ................................. 493,189 1,516,175
Accounts receivable, net of allowance of $30,142 and $32,635 as of
December 31, 2011 and 2012, respectively .......................... 1,037,474 1,008,448
Prepaid expenses and other current assets ............................. 359,483 460,312
Total current assets ........................................... 3,452,536 5,652,713
Long-term marketable debt securities ..................................... 474,338 1,838,425
Alibaba Group Preference Shares ........................................ — 816,261
Property and equipment, net ............................................ 1,730,888 1,685,845
Goodwill ........................................................... 3,900,752 3,826,749
Intangible assets, net .................................................. 254,600 153,973
Other long-term assets ................................................. 220,628 289,130
Investments in equity interests .......................................... 4,749,044 2,840,157
Total assets ......................................................... $14,782,786 $17,103,253
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ................................................ $ 166,595 $ 184,831
Accrued expenses and other current liabilities .......................... 846,044 808,475
Deferred revenue ................................................. 194,722 296,926
Total current liabilities ........................................ 1,207,361 1,290,232
Long-term deferred revenue ............................................ 43,639 407,560
Capital lease and other long-term liabilities ................................ 134,905 124,587
Deferred and other long-term tax liabilities, net ............................. 815,534 675,271
Total liabilities ...................................................... 2,201,439 2,497,650
Commitments and contingencies (Note 11) ................................ — —
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; 1,244,956
shares issued and 1,217,481 shares outstanding as of December 31, 2011
and 1,189,816 shares issued and 1,115,233 shares outstanding as of
December 31, 2012 ............................................. 1,242 1,187
Additional paid-in capital .......................................... 9,825,899 9,563,348
Treasury stock at cost, 27,475 shares as of December 31, 2011 and 74,583
shares as of December 31, 2012 ................................... (416,237) (1,368,043)
Retained earnings ................................................ 2,432,294 5,792,459
Accumulated other comprehensive income ............................ 697,869 571,249
Total Yahoo! Inc. stockholders’ equity ............................ 12,541,067 14,560,200
Noncontrolling interests ............................................... 40,280 45,403
Total equity ......................................................... 12,581,347 14,605,603
Total liabilities and equity .............................................. $14,782,786 $17,103,253
The accompanying notes are an integral part of these consolidated financial statements.
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