Yahoo 2013 Annual Report Download - page 77

Yahoo! Inc.
Consolidated Balance Sheets
December 31,
2012 2013
(in thousands, except par values)
ASSETS
Current assets:
Cash and cash equivalents .......................................... $ 2,667,778 $ 2,077,590
Short-term marketable securities ..................................... 1,516,175 1,330,304
Accounts receivable, net of allowance of $32,635 and $35,549 as of
December 31, 2012 and 2013, respectively .......................... 1,008,448 979,559
Prepaid expenses and other current assets ............................. 460,312 638,404
Total current assets ........................................... 5,652,713 5,025,857
Long-term marketable securities ......................................... 1,838,425 1,589,500
Alibaba Group Preference Shares ........................................ 816,261 —
Property and equipment, net ............................................ 1,685,845 1,488,518
Goodwill ........................................................... 3,826,749 4,679,648
Intangible assets, net .................................................. 153,973 417,808
Other long-term assets ................................................. 289,130 177,281
Investments in equity interests .......................................... 2,840,157 3,426,347
Total assets ......................................................... $17,103,253 $16,804,959
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ................................................ $ 184,831 $ 138,031
Accrued expenses and other current liabilities .......................... 808,475 907,782
Deferred revenue ................................................. 296,926 294,499
Total current liabilities ........................................ 1,290,232 1,340,312
Convertible notes ..................................................... — 1,110,585
Long-term deferred revenue ............................................ 407,560 258,904
Capital lease and other long-term liabilities ................................ 124,587 116,605
Deferred and other long-term tax liabilities, net ............................. 675,271 847,956
Total liabilities ...................................................... 2,497,650 3,674,362
Commitments and contingencies (Note 12) ................................ — —
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; 1,189,816
shares issued and 1,115,233 shares outstanding as of December 31, 2012,
and 1,019,812 shares issued and 1,014,338 shares outstanding as of
December 31, 2013 ............................................. 1,187 1,015
Additional paid-in capital .......................................... 9,563,348 8,688,304
Treasury stock at cost, 74,583 shares as of December 31, 2012, and 5,474
shares as of December 31, 2013 ................................... (1,368,043) (200,228)
Retained earnings ................................................ 5,792,459 4,267,429
Accumulated other comprehensive income ............................ 571,249 318,389
Total Yahoo! Inc. stockholders’ equity ............................ 14,560,200 13,074,909
Noncontrolling interests ............................................... 45,403 55,688
Total equity ......................................................... 14,605,603 13,130,597
Total liabilities and equity .............................................. $17,103,253 $16,804,959
The accompanying notes are an integral part of these consolidated financial statements.
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