KraftBlank - Kraft's Restated Balance Sheet Based on...

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Kraft's Restated Balance Sheet  Based on Exhibits 1, 2 1986 1987 Cash and equivalents $321.5  $189.0  Accounts receivable $637.6  $763.6  Inventories $1,061.1  $1,283.4  Investments and LT Rec $236.2  $178.3  Prepaid and deferred items $127.5  $161.5  less Accounts payable ($492.1) ($544.8) less Accrued compensation ($148.9) ($151.2) less Accrued advertising and promo ($113.7) ($132.8) less Other accrued liabiliites ($188.4) ($245.4) Less Accrued income taxes ($335.3) ($399.3) equals Net Working Assets $1,105.5  $1,102.3  Net PP&E $1,087.7  $1,424.2  Intangibles $419.0  $888.3  Net assets of discontinued ops $600.7  $598.4  Total investor capital employed $3,212.9  $4,013.2  Shareholders' equity $1,798.0  $1,898.4  plus Deferred taxes $286.4  $282.7  equals Adjusted shareholders' equity $2,084.4  $2,181.1  Short-term borrowings $596.4  $645.9  Current portion long term debt $108.5  $37.2  Long-term debt $237.7  $895.3  Other Liabilities $185.9  $253.7  Total debt $1,128.5  $1,832.1  Total investor capital supplied $3,212.9  $4,013.2  Number of shares outstanding (millions) 135  131  Price per share $49.38  $48.25 
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Kraft, Inc Kraft's Cost of Capital  End of 1987
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  • Spring '08
  • spindt
  • Generally Accepted Accounting Principles, Kraft, long term debt, net working assets, Kraft, Inc, debt Longterm debt

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