Day 2: Issues for Discussion

Class Exercise

Accounting Equations_do it yourself

 Exercise 1
ABC Started a company to buy abd sell books: ABC ltd
Each contributed Rs.50,000 as capital 150,000
Purchased stock of books for cash 75,000
Purchased Laptops for cash 20,000

Exercise 2
ABC Started a company to buy abd sell books: ABC ltd
Each contributed Rs.50,000 as capital 150,000
Purchased stock of books on credit 75,000
Purchased Laptops for cash 20,000
Sold all books for cash 200,000

Exercise3
ABC Started a company to buy abd sell books: ABC ltd
Each contributed Rs.50,000 as capital 150,000
Purchased stock of books on credit (from X) 75,000
Purchased Laptops on credit (from Computech) 20,000
Sold all books on Credit 200,000

Exercise 4
ABC Started a company to buy abd sell books: ABC ltd
Each contributed Rs.50,000 as capital 150,000
Purchased stock of books on credit (from X) 75,000
Purchased Laptops on credit (from Computech) 20,000
Sold 30% books (on credit to a school) 200,000

Exercise5
ABC Started a company : ABC ltd
Each contributed Rs. 25,000 as capital 75,000
Availed 11% Loan 450,000
Purchased stock of goods on credit 75,000
sold entire stock credit 200,000
Interest paid for the period ( year)
Salary to the salesperson 25,000

Exercise 6
ABC Started a company : ABC ltd
Each contributed Rs. 25,000 as capital 75,000
Availed 11% Loan 450,000
Purchased stock of goods on credit 75,000
sold 20% of goods (on credit) 150,000
Interest paid for the period ( year)
Salary paid 24,000
Rent due but not paid 18,000
Transactions
10 friends contributed 3000 each and started a social enterprise ( Bu
Availed 12% loan
Purchased paintings from local painters for cash
Sold 20% of painting on credit
Rent paid
Interest due but not paid
Commission (10 % on sales) due but not paid
Spent money on advertisement
They took a mediclaim policy to support the painters ( to cover med
Annual premium paid
Transactions
10 friends contributed 3000 each and started a social enterprise ( Buy and
Availed 12% loan
Purchased paintings from local painters for cash
Sold 20% of painting on credit
Rent paid
Interest due but not paid
Commission (10 % on sales) due but not paid
Spent money on advertisement
They took a mediclaim policy to support the painters ( to cover medical ex
Annual premium paid
 Accounting Equa
Source =

200,000
200,000
350,000
20,000

10,000
e upto 200000)
15,000
ounting Equation
Assets A=
E+ L
 Decisions/Transactions

Started business with capital 100,000

Took 10% loan 50,000
Purchased stock for cash 80,000
purchased stock on credit 100,000
sold entire stock for cash 250,000
Purchasesd stock for cash 150,000
Paid interest for the period

Transactions of a textile retail company (2014-15)

Started business with Share Capital (30,000 shares) 300,000

Raised money by issuing 9% Bonds on 1st October 2014 200,000
Purchased cotton T Shirts for cash 240,000
Purchased laptops on credit from X 90,000
Sold 60% of T shirts for cash 300,000
Purchased shares of Z ltd 100,000
Salary paid 30,000
Rent Paid 50,000
Paid commission on sales: 5% of Sales
 Accounting Equation
Sources = Assets
Loan Capital profit Credit Stock
100,000 80,000
50,000 100,000 100,000
50,000 100,000 100,000 180,000
70,000 0
45,000 150,000

A= E+ L E+L
315,000 170,000 145,000 315,000

Accounting Equation
Sources =
 Assets
Cash
100,000
150,000
70,000
320,000
170,000
165,000 315,000

ation
Assets
 Sources
Exercise 1 Total Capital Loan
Started Business with cash 30,000 225,000 30,000 120,000
Availed 10% Loan 120,000 225,000 30,000 120,000
Purchased stock of goods for cash 75,000 225,000 30,000 120,000
sold entire stock for cash 150,000 225,000 30,000 120,000

Sources
Exercise 2 Total Capital Loan
Started Business with cash 40,000 40,000
Availed 10% Loan 160,000 160,000
Purchased stock of goods for cash 100,000
Purchased stock on credit 40,000
Purchased plant on credit from X 120,000
sold entire stock on credit 200,000 420,000

Sources
Exercise 3 Total Capital Credit
Started Business with cash 400,000 400,000 400,000
Purchased stock of goods on credit 100,000 100,000 100,000
Purchased stock of goods for cash 75,000 97,500
sold30% of stock for cash 150,000 597,500
Distributed entire profit as dividend

Sources
Exercise 4 Total Capital Credit
Started Business with cash ( FV per share =5) 400,000 400,000 400,000
Purchased stock of goods on credit 100,000 100,000 100,000
Purchased stock of goods for cash 75,000 0
sold30% of stock for cash 150,000 597,500
No distribution of dividend

Sources
 Exercise 5 Total Capital
Started Business with 10000 10000 10000
Availed 10% Loan 40000 0
Purchased stock of goods 25000 0
Purchased stock on credit 10000 0
Purchased plant on credit from X 30000 0
sold entire stock for cash 50000 0

Sources
Exercise 6 Total
Started Business with 100000 0
Availed 10% Loan 60000 0
Purchased stock of goods for cash 80000 0
Purchased plant on credit from X 50000 0
sold 60% stock for cash 50000 0

Exercise 7
Started Business with 60000 Sources
Availed 10% Loan 80000 Total
Purchased stock of goods on credit 40000 0
Purchased shares of B ltd for cash 30000 0
sold 30% stock for cash 50000 0
Salary paid 5000 0
Dividend received 5000 0
Interest paid 0
0
0
Exercise 8
Started Business with 80000 Sources
Availed 10% Loan 100000 Total
Purchased stock of goods on credit 25000 0
Purchased shares of B ltd for cash 30000 0
sold entire stock for cash 50000 0
Salary paid 15000 0
Rent paid 20000 0
Interest paid 4000 0
0
Exercise 9
Started Business with 20000 Sources
Availed 10% Loan 200000 Total
Purchased stock of goods on credit 60000 0
Purchased shares of B ltd for cash 30000 0
sold entire stock for cash 50000 0
Salary paid 15000 0
Rent paid 20000 0
sold shares 20000 0
sold sha 20000 0
Sources Assets
Profit Cash Stock Total
75,000 30,000 75,000 105,000
75,000 150,000 0 150,000
75,000 75,000 75,000
75,000 225,000 225,000

Sources Assets
Credit X Profit Cash Stock Plant Goods Debtor Total
40,000
200,000
100,000 100,000
40,000 40,000
120,000 120,000
60,000 0 0 200,000 420,000

Sources Assets
Profit Cash Stock Total
400,000 400,000
325,000 100,000 425,000
97,500 475,000 175,000
0 122,500 597,500

Sources Assets
Profit Cash Stock Total
400,000 100,000 500,000
325,000 175,000 500,000
475,000 122,500 597,500
97,500 597,500

Sources Assets
 Cash Total
10000 10000
0
0
0
0
0

Sources Assets
Total
0
0
0
0
0

Sources Assets

0
0
0
0
0
0
0
0

Sources Assets

0
0
0
0
0
0
0

Sources Assets
0
0
0
0
0
0
0
3

4
E+ L= Asset
Face book

ERIOD ENDING: 2019 2018 2017

CURRENT ASSETS
Cash and Cash Equivalents 19079000 10019000 8079000
Short-Term Investments 35776000 31095000 33632000
Net Receivables 9518000 7587000 5832000
Inventory 0 0 0
Other Current Assets 1852000 1779000 1020000
Total Current Assets 66225000 50480000 48563000
LONG-TERM ASSETS
Long-Term Investments 0 0 0
Fixed Assets 44783000 24683000 13721000
Goodwill 18715000 18301000 18221000
Intangible Assets 894000 1294000 1884000
Other Assets 2759000 2576000 2135000
Deferred Asset Charges 0 0 0
Total Assets 133376000 97334000 84524000
Accounts Payable 13098000 6329000 3272000
Short-Term Debt / Current Porti 886000 541000 390000
Other Current Liabilities 1069000 147000 98000
Total Current Liabilities 15053000 7017000 3760000
Long-Term Debt 0 0 0
Other Liabilities 17269000 6190000 6417000
Deferred Liability Charges 0 0 0
Misc. Stocks 0 0 0
Minority Interest 0 0 0
Total Liabilities 32322000 13207000 10177000
STOCK HOLDERS EQUITY
Common Stocks 0 0 0
Capital Surplus 55692000 41981000 33990000
Retained Earnings 0 0 0
Treasury Stock 45851000 42906000 40584000
Other Equity -489000 -760000 -227000
Total Equity 101054000 84127000 74347000
Total Liabilities & Equity 133376000 97334000 84524000
APPLE

CURRENT ASSETS
Cash and Cash Equivalents 48844000 25913000 20289000
Short-Term Investments 51713000 40388000 53892000
Net Receivables 45804000 48995000 35673000
Inventory 4106000 3956000 4855000
Other Current Assets 12352000 12087000 13936000
Total Current Assets 162819000 131339000 1.29E+08
LONG-TERM ASSETS
Long-Term Investments 105341000 170799000 1.95E+08
Fixed Assets 37378000 41304000 33783000
Goodwill 0 0 0
Intangible Assets 0 0 0
Other Assets 32978000 22283000 18177000
Deferred Asset Charges 0 0 0
Total Assets 338516000 365725000 3.75E+08
CURRENT LIABILITIES
Accounts Payable 46236000 55888000 44242000
Short-Term Debt / Current Porti 16240000 20748000 18473000
Other Current Liabilities 43242000 39293000 38099000
Total Current Liabilities 105718000 115929000 1.01E+08
Long-Term Debt 91807000 93735000 97207000
Other Liabilities 50503000 48914000 40415000
Deferred Liability Charges 0 0 2836000
Misc. Stocks 0 0 0
Minority Interest 0 0 0
Total Liabilities 248028000 258578000 2.41E+08
STOCK HOLDERS EQUITY
Common Stocks 45174000 40201000 35867000
Capital Surplus 45898000 70400000 98330000
Retained Earnings 0 0 0
Treasury Stock 0 0 0
Other Equity -584000 -3454000 -150000
Total Equity 90488000 107147000 1.34E+08
Total Liabilities & Equity 338516000 365725000 3.75E+08
 BACK TO AAPL OVERVIEW
Amazon
CURRENT ASSETS
Cash and Cash Equivalents 36092000 31750000 20522000
Short-Term Investments 18929000 9500000 10464000
Net Receivables 20816000 16677000 13164000
Inventory 20497000 17174000 16047000
Other Current Assets 0 0 0
Total Current Assets 96334000 75101000 60197000
LONG-TERM ASSETS
Long-Term Investments 0 0 0
Fixed Assets 97846000 61797000 48866000
Goodwill 14754000 14548000 13350000
Intangible Assets 0 0 0
Other Assets 16314000 11202000 8897000
Deferred Asset Charges 0 0 0
Total Assets 225248000 162648000 1.31E+08
CURRENT LIABILITIES
Accounts Payable 79622000 61855000 52786000
Short-Term Debt / Current Porti 0 0 0
Other Current Liabilities 8190000 6536000 5097000
Total Current Liabilities 87812000 68391000 57883000
Long-Term Debt 23414000 23495000 24743000
Other Liabilities 51962000 27213000 20975000
Deferred Liability Charges 0 0 0
Misc. Stocks 0 0 0
Minority Interest 0 0 0
Total Liabilities 163188000 119099000 1.04E+08
STOCK HOLDERS EQUITY
Common Stocks 5000 5000 5000
Capital Surplus 31220000 19625000 8636000
Retained Earnings -1837000 -1837000 -1837000
Treasury Stock 33658000 26791000 21389000
Other Equity -986000 -1035000 -484000
Total Equity 62060000 43549000 27709000
Total Liabilities & Equity 225248000 162648000 1.31E+08

usd in 000
NetFlix
CURRENT ASSETS
Cash and Cash Equivalents 5018437 3794483 2822795
Short-Term Investments 0 0 0
Net Receivables 0 0 0
Inventory 0 0 0
Other Current Assets 1160067 5899652 4847179
Total Current Assets 6178504 9694135 7669974
LONG-TERM ASSETS
Long-Term Investments 0 0 0
Fixed Assets 565221 418281 319404
Goodwill 0 0 0
Intangible Assets 24504567 14951141 10371055
Other Assets 2727420 910843 652309
Deferred Asset Charges 0 0 0
Total Assets 33975712 25974400 19012742
CURRENT LIABILITIES
Accounts Payable 1517390 1044859 674649
Short-Term Debt / Current Porti 0 0 0
Other Current Liabilities 5338306 5442461 4791663
Total Current Liabilities 6855696 6487320 5466312
Long-Term Debt 14759260 10360058 6499432
Other Liabilities 4778599 3888257 3465042
Deferred Liability Charges 0 0 0
Misc. Stocks 0 0 0
Minority Interest 0 0 0
Total Liabilities 26393555 20735635 15430786
STOCK HOLDERS EQUITY
Common Stocks 2793929 2315988 1871396
Capital Surplus 4811749 2942359 1731117
Retained Earnings 0 0 0
Treasury Stock 0 0 0
Other Equity -23521 -19582 -20557
Total Equity 7582157 5238765 3581956
Total Liabilities & Equity 33975712 25974400 19012742

https://www.nasdaq.com/market-activity/stocks/amzn
Google
All values USD Millions.
Cash & Short Term Investments 119,675 109,140 101,871
Cash Only 18,498 16,701 10,715
Short-Term Investments 101,177 92,439 91,156

Cash & Short Term Investments Growth 9.65% 7.14% 18.00%

Cash & ST Investments / Total Assets 43.37% 46.88% 51.63%

Total Accounts Receivable 27,492 21,193 18,705

Accounts Receivables, Net 25,326 20,838 18,336
 Accounts Receivables, Gross 26,079 21,567 19,010

Bad Debt/Doubtful Accounts -753 -729 -674

Other Receivables 2,166 355 369

Accounts Receivable Growth 29.72% 13.30% 31.43%
Accounts Receivable Turnover 5.87 6.46 5.94
Inventories 999 1,107 749
Finished Goods 999 1,107 -
Other Current Assets 4,412 4,236 2,983
Miscellaneous Current Assets 4,412 4,236 2,983
Total Current Assets 152,578 135,676 124,308
Net Property, Plant & Equipment 84,587 59,719 42,383

Property, Plant & Equipment - Gross 115,148 82,507 59,647

Buildings 39,865 30,179 23,183

Construction in Progress 21,036 16,838 10,491
Leases 1,600 - -

Computer Software and Equipment 35,240 30,119 21,429

Other Property, Plant & Equipment 6,466 5,371 4,544

Accumulated Depreciation 30,561 22,788 17,264

Total Investments and Advances 13,078 13,859 7,813

LT Investment - Affiliate Companies 1,300 1,300 5,900

Other Long-Term Investments 11,778 12,559 1,913

Long-Term Note Receivable - - -
Intangible Assets 22,603 20,108 19,439
Net Goodwill 20,624 17,888 16,747
Net Other Intangibles 1,979 2,220 2,692
Other Assets 2,342 2,693 2,672
Tangible Other Assets 2,342 2,693 2,672
Total Assets 275,909 232,792 197,295
Assets - Total - Growth 18.52% 17.99% 17.79%
Asset Turnover 0.63 - -
Return On Average Assets 13.50% - -

Liabilities & Shareholders' Equity

All values USD Millions. 2019 2018 2017
ST Debt & Current Portion LT Debt 1,199 - -
Short Term Debt 1,199 - -

Current Portion of Long Term Debt - - -

Accounts Payable 5,561 4,378 3,137

Accounts Payable Growth 27.02% 39.56% 53.70%
Income Tax Payable 274 69 881
Other Current Liabilities 38,187 30,173 20,165
 Accrued Payroll 8,495 6,839 4,581
Miscellaneous Current Liabilities 29,692 23,334 15,584
Total Current Liabilities 45,221 34,620 24,183
Current Ratio 3.37 3.92 5.14
Quick Ratio 3.35 3.89 5.11
Cash Ratio 2.65 3.15 4.21
Long-Term Debt 14,768 4,012 3,969

Long-Term Debt excl. Capitalized Leases 3,869 3,950 3,943

Non-Convertible Debt 3,869 3,950 3,943

Capitalized Lease Obligations 685 62 26

Deferred Taxes 980 527 -250

Deferred Taxes - Credit 1,701 1,264 430

Deferred Taxes - Debit 721 737 680
Other Liabilities 12,777 15,268 16,211

Other Liabilities (excl. Deferred Income) 12,419 14,872 15,871

Deferred Income 358 396 340

Total Liabilities 74,467 55,164 44,793
Total Liabilities / Total Assets 26.99% 23.70% 22.70%
Common Equity (Total) 201,442 177,628 152,502
Common Stock Par/Carry Value 1 1 1
Additional Paid-In Capital/Capital
Surplus 50,551 45,048 40,246

Retained Earnings 152,122 134,885 113,247

Cumulative Translation
-2,003 -1,884 -1,103
Adjustment/Unrealized For. Exch. Gain

Unrealized Gain/Loss Marketable

812 -688 233
Securities

Other Appropriated Reserves -41 266 -122

Common Equity / Total Assets 73.01% 76.30% 77.30%

Total Shareholders' Equity 201,442 177,628 152,502

Total Shareholders' Equity / Total Assets 73.01% 76.30% 77.30%

Total Equity 201,442 177,628 152,502

Liabilities & Shareholders' Equity 275,909 232,792 197,295

https://www.wsj.com/market-data/quotes/GOOG/financials/annual/balance-sheet
 Face book Apple
2019 2018 2017 2019 2018 2017

Assets 133,376 97,334 84,524 Assets 338,516 365,725 375,319

Liabilities 32,322 13,207 10,177 Liabilities 248,028 258,578 241,272

Equity 101,054 84,127 74,347 Equity 90,488 107,147 134,047
133,376 97,334 84,524 338,516 365,725 375,319

24% 14% 12% 73% 71% 64%

76% 86% 88% 27% 29% 36%
 FAANG
Amazon Netflix
2019 2018 2017 2019 2018 2017

Assets 225,248 162,648 131,310 Assets 33,976 25,974 19,013

Liabilities 163,188 119,099 103,601 Liabilities 26,394 20,736 15,431

Equity 62,060 43,549 27,709 Equity 7,582 5,239 3,582
225,248 162,648 131,310 33,976 25,974 19,013

72% 73% 79% 78% 80% 81%

28% 27% 21% 22% 20% 19%
 Google
2019 2018 2017

Assets 275,909 232,792 197,295

Liabilities 74,467 55,164 44,793

Equity 201,442 177,628 152,502
275,909 232,792 197,295

27% 24% 23%

73% 76% 77%
 Balance Sheet of Tata Steel
Mar '13 Mar '12 Mar '11 Mar '10 Mar '09
------------------- in Rs. Cr. -------------------

Sources Of Funds
Total Share Capital 971 971 959 887 6,203
Equity Share Capital 971 971 959 887 731
Share Application Money 0 0 178 0 0
Preference Share Capital 0 0 0 0 5,473
Reserves 54,238 51,650 45,807 36,281 23,501
Revaluation Reserves 0 0 0 0 0
Networth 55,210 52,621 46,945 37,169 29,705
Secured Loans 4,311 4,190 3,509 2,259 3,913
Unsecured Loans 21,600 19,503 22,639 22,980 23,033
Total Debt 25,912 23,694 26,148 25,239 26,946
Total Liabilities 81,121 76,315 73,093 62,408 56,651

Application Of Funds
Gross Block 38,056 23,082 22,498 22,306 20,057
Less: Accum. Depreciation 13,181 11,715 10,693 10,144 9,062
Net Block 24,875 11,366 11,805 12,162 10,995
Capital Work in Progress 8,722 16,058 5,612 3,844 3,488
Investments 50,419 50,283 46,565 44,980 42,372
Inventories 5,258 4,859 3,954 3,078 3,480
Sundry Debtors 797 904 424 435 636
Cash and Bank Balance 2,218 3,947 4,139 500 464
Total Current Assets 8,273 9,710 8,517 4,013 4,580
Loans and Advances 9,588 8,774 17,053 6,679 5,885
Fixed Deposits 0 0 0 2,734 1,127
Total CA, Loans & Advances 17,861 18,484 25,569 13,425 11,592
Deffered Credit 0 0 0 0 0
Current Liabilities 17,098 15,958 12,038 8,699 8,966
Provisions 3,658 3,918 4,421 3,304 2,934
Total CL & Provisions 20,756 19,876 16,459 12,003 11,900
Net Current Assets -2,895 -1,392 9,110 1,422 -308
Miscellaneous Expenses 0 0 0 0 105
Total Assets 81,121 76,315 73,093 62,408 56,651

Contingent Liabilities 18,999.02 18,039.57 14,288.41 13,184.61 12,188.55

Book Value (Rs) 568.46 541.81 487.55 418.94 331.68

Source: Money Control

 Accounting Equation of Tata Steel
Mar '13 Mar '12 Mar '11 Mar '10 Mar '09
Assets = 101,877 96,191 89,552 74,411 68,446

Equity 55,210 52,621 46,945 37,169 29,705

Liabilities 46,667 43,570 42,607 37,242 38,846
101,877 96,191 89,552 74,411 68,551

Equity 54% 55% 52% 50% 43%

Liabilities 46% 45% 48% 50% 57%
 0 Accounting Equ
Mar '13 Mar '12 Mar '11 Mar '10 Mar '09
Sources Of Funds Assets =
Total Share Capital 263.03 263.03 267.47 244.92 226.07
Equity Share Capital 263.03 263.03 267.47 244.92 226.07 Equity
Share Application Money 0 0 0 541.08 783.49 Liabilities
Preference Share Capital 0 0 0 0 0
Reserves 19,972.62 18,277.85 16,918.16 13,830.35 10,308.14
Revaluation Reserves 0 0 481.88 535.84 589.74
Networth 20,235.65 18,540.88 17,667.51 15,152.19 11,907.44
Secured Loans 7,439.21 5,002.15 1,583.92 1,475.00 1,848.33
Unsecured Loans 2,849.12 4,145.58 2,385.37 2,639.90 5,483.85
Total Debt 10,288.33 9,147.73 3,969.29 4,114.90 7,332.18
Total Liabilities 30,523.98 27,688.61 21,636.80 19,267.09 19,239.62

Application Of Funds
Gross Block 11,437.09 11,296.81 10,513.72 7,428.27 6,922.69
Less: Accum. Depreciation 4,560.36 4,224.84 4,307.75 3,951.13 3,582.52
Net Block 6,876.73 7,071.97 6,205.97 3,477.14 3,340.17
Capital Work in Progress 472.75 681.91 649.25 602.27 564.42
Investments 13,301.43 12,785.06 12,584.08 10,019.57 12,147.10
Inventories 367.28 309.4 290.34 269.15 440.68
Sundry Debtors 3,249.25 4,565.59 4,857.88 1,742.93 1,523.33
Cash and Bank Balance 118.65 686.07 266.05 295.82 249.97
Total Current Assets 3,735.18 5,561.06 5,414.27 2,307.90 2,213.98
Loans and Advances 19,823.39 17,279.59 11,183.08 10,409.06 6,757.39
Fixed Deposits 0 0 105 6 1.04
Total CA, Loans & Advances 23,558.57 22,840.65 16,702.35 12,722.96 8,972.41
Deffered Credit 0 0 0 0 0
Current Liabilities 12,993.25 15,083.71 12,860.57 6,064.16 5,018.23
Provisions 692.25 607.27 1,644.28 1,490.69 766.25
Total CL & Provisions 13,685.50 15,690.98 14,504.85 7,554.85 5,784.48
Net Current Assets 9,873.07 7,149.67 2,197.50 5,168.11 3,187.93
Miscellaneous Expenses 0 0 0 0 0
Total Assets 30,523.98 27,688.61 21,636.80 19,267.09 19,239.62

Contingent Liabilities 4,284.46 5,013.45 4,315.11 3,145.19 3,934.79

Book Value (Rs) 769.45 705 642.65 574.81 466.07
Accounting Equation of Reliance Infrastructure
Mar '13 Mar '12 Mar '11 Mar '10 Mar '09
44,209 43,380 36,142 26,822 25,024

20,236 18,541 17,668 15,152 11,907

23,974 24,839 18,474 11,670 13,117
44,209 43,380 36,142 26,822 25,024
 Balance Sheet of Manchecter United
30-Jun 30-Jun 30-Jun 30-Jun

2011 2012 2013 2014

GBP GBP GBP GBP

Balance sheet o
Assets
Cash And Equivalents 150.6 70.6 94.4 66.4 Assets
Trading Asset Securities -- 0.1 -- -- Equity
TOTAL CASH AND SHORT TERM
INVESTMENTS 150.6 70.7 94.4 66.4 Liabilities
Accounts Receivable 45.5 62.4 56.5 111.7
Other Receivables -- 1.2 0.1 3.9

TOTAL RECEIVABLES 45.5 63.5 56.6 115.7 Balance sheet of

Prepaid Expenses 9.9 10.6 12 9.5
Other Current Assets -- 3.4 0.3 -- Assets
TOTAL CURRENT ASSETS 206 148.2 163.3 191.5 Equity
Gross Property Plant And Equipment 312.6 325.9 335.6 345.5 Liabilities
Accumulated Depreciation -72.1 -78 -82.8 -90.6
NET PROPERTY PLANT AND EQUIPMENT 240.5 247.9 252.8 254.9
Goodwill 421.5 421.5 421.5 421.5
Accounts Receivable, Long Term -- 3 1.6 0
Loans Receivable, Long Term 10 -- -- --
Deferred Tax Assets, Long Term -- -- 145.1 129.6
Deferred Charges, Long Term 129.7 112.4 119.9 204.6
Other Long-Term Assets 9.4 14.2 14.1 13.7
TOTAL ASSETS 1,017.20 947.1 1,118.30 1,215.70

LIABILITIES & EQUITY

Accounts Payable 60.1 27.8 8 12.6
Accrued Expenses 47.6 49.9 37.4 39.2
Current Portion Of Long-Term Debt/Capital
Lease 18 15.6 11.8 15
Current Income Taxes Payable 4.3 1.1 0.9 3
Other Current Liabilities, Total 11.3 6.4 33.5 51.3
Unearned Revenue, Current 110 128.5 146.3 180.6
TOTAL CURRENT LIABILITIES 251.3 229.4 237.9 301.7
Long-Term Debt 442.3 422.9 378.8 327.9
Minority Interest -2.3 -2 -- --
Unearned Revenue, Non-Current 18.3 9.4 17.1 15.6
Deferred Tax Liability Non-Current 54.4 26.7 17.2 28.8
Other Non-Current Liabilities 30.4 23.7 19.4 43
TOTAL LIABILITIES 796.8 712.1 670.4 717.1
Common Stock -- 0.1 0.1 0.1
Additional Paid In Capital 249.1 0 68.8 68.8
Retained Earnings -25.9 -12.7 129.8 154.8
Comprehensive Income And Other -0.5 249.7 249.3 274.9
TOTAL COMMON EQUITY 222.8 237.1 448 498.7
TOTAL EQUITY 220.4 235.1 448 498.7
TOTAL LIABILITIES AND EQUITY 1,017.20 947.1 1,118.30 1,215.70
 Balance sheet of MANU
2010 2011 2012 2013

Balance sheet of MANU (%)

2010 2011 2012 2013