and Subsidiaries. Oxxxxx 0000, X0 Xxxxxxxx Xxx, XXX, Xxxxx, XXX. Tel. + 900 (0) 00 000000 / + 1 000 000 0000 7
and Subsidiaries. Consolidated Statement of Financial Position As of December 31, 2017 and 2016 In thousands of U.S. dollars - Contractual Basis Note 2017 2016 Assets Current assets Cash and cash equivalents 8 360,227 172,695 Short-term deposits and restricted cash 9 17,890 41,679 Trade receivable 10 272,223 249,753 Other receivable 11 63,166 46,896 Income tax receivable 7,759 11,326 Inventories 13 91,718 91,659 Intercompany balances with parent Company 12 89,110 51,134 Total current assets 902,093 665,142 Non-current assets Restricted cash 9 8,394 16,540 Trade receivable 10 12,331 10,120 Investment in associate 14 9,153 8,896 Deposits and other receivables, including derivate instruments 19,685 27,593 Income tax receivable and tax claims 11 104,698 99,892 Deferred income tax assets 20 25,450 25,104 Property, plant and equipment, net 15 2,937,005 3,001,690 Intangible assets and goodwill, net 16 357,835 375,756 Total non-current assets 3,474,551 3,565,591 Total assets 4,376,644 4,230,733 In thousands of U.S. dollars - Contractual Basis Note 2017 2016 Liabilities Current liabilities Credit from Xxxxx and others 17 142,453 360,938 Trade payable 18 191,740 252,956 Other payables including derivative instruments 19 85,893 77,163 Guarantee deposits from customers 19 59,735 56,833 Income tax payable 19 10,214 6,984 Deferred revenue 19 459 944 Intercompany balance 620 - Total current liabilities 491,114 755,818 Non-current liabilities Loans from Banks and others 17 621,919 1,328,604 Debentures 17 1,944,559 856,670 Trade payable 18 38,770 44,057 Derivative instruments 19 56 14,271 Deferred income tax liabilities 20 196,230 186,686 Employee benefits 19 13,903 11,076 Other long term liabilities 19 38,889 44,032 Total non-current liabilities 2,854,326 2,485,396 Total liabilities 3,345,440 3,241,214 Equity Share capital 21 3 3 Share premium 342,773 342,773 Capital reserves 6,108 (14,035) Employee benefits (2,503) (248) Retained earnings 514,310 468,732 Total equity attributable to the equity holders of the Company 860,691 797,225 Non-controlling interest 22 170,513 192,294 Total equity 1,031,204 989,519 Total liabilities and equity 4,376,644 4,230,733 The notes on pages 7 to 93 are part of these contractual basis consolidated financial statements. Consolidated Statement of Profit or Loss For the years ended December 31, 2017 and 2016 In thousands of U.S. dollars - Contractual Basis Note 2017 2016 Revenue 1,777,232 1,513,351 Cost of sales 5,15,16,23 (1,391,385) (1,205,521) Gross profit 3...
and Subsidiaries. Pro Forma Condensed Combined Statement of Income (Loss) For the six months ended November 30, 2023 (in millions, except share and per share amounts) Product Transaction Support Accounting Financing AAR Business Adjustments Adjustments Pro Forma (Historical) (Reclassified) 1 (Note 4) (Note 4) Combined Sales $ 1,095.1 $ 135.1 $ - $ - $ 1,230.2 Cost of sales 890.4 105.2 2.7 (b), (c) - 998.3 Gross profit 204.7 29.9 (2.7) - 231.9 Provision for credit losses 0.4 - - - 0.4 Selling, general and administrative expenses 140.4 16.1 27.7 (c), (f) - 184.2 Earnings (Loss) from joint ventures (0.3) (0.1) - - (0.4) Operating income 63.6 13.7 (30.4) - 46.9 Pension settlement charge (26.7) - - - (26.7) Losses related to sale and exit of business (1.6) - - - (1.6) Other expense, net (0.1) (3.3) - - (3.4) Interest expense, net (11.0) - - (31.4) (e) (42.4) Income (Loss) from continuing operations before income taxes 24.2 10.4 (30.4) (31.4) (27.2) Income tax expense (benefit) 1.0 1.8 (7.6) (d) (7.9) (d) (12.7) Income (Loss) from continuing operations $ 23.2 $ 8.6 $ (22.8) $ (23.5) $ (14.5) Earnings (Loss) per share from continuing operations: Basic $ 0.66 $ (0.42) Diluted 0.65 (0.42) Weighted average common shares outstanding: Basic 34.9 34.9 Diluted 35.3 34.9 1 Refer to Note 3, Reclassification Adjustments, for details of reclassification adjustments made to conform the Product Support Business statement of income for the six months ended December 31, 2023 to the classification of AAR’s statement of income. See accompanying Notes to unaudited pro forma condensed combined financial statements. AAR CORP. and Subsidiaries Pro Forma Condensed Combined Statement of Income For the twelve months ended November 30, 2023 (in millions, except share and per share amounts) Product Transaction Support Accounting Financing AAR Business Adjustments Adjustments Pro Forma (Historical) (Reclassified) 1 (Note 4) (Note 4) Combined Sales $ 2,169.5 $ 266.5 $ - $ - $ 2,436.0 Cost of sales 1,762.4 204.5 5.5 (b), (c) - 1,972.4 Gross profit 407.1 62.0 (5.5) - 463.6 Provision for credit losses 3.1 - - - 3.1 Selling, general and administrative expenses 267.9 32.9 35.8 (c), (f) - 336.6 Loss from joint ventures (2.2) (0.1) - - (2.3) Operating income 133.9 29.0 (41.3) - 121.6 Pension settlement charge (26.7) - - - (26.7) Losses related to sale and exit of business (2.2) - - - (2.2) Other expense, net (1.6) (6.3) - - (7.9) Interest expense, net (19.2) - - (57.3) (e) (76.5) Income from continuing operations b...
and Subsidiaries. Common Stock Purchase Warrant with Drawbridge Special Opportunities Fund LP, dated June 14, 2018 [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. Common Stock Purchase Warrant with FIP UB Investments LP, dated June 14, 2018 Schedule 8.17 Post-Closing Covenants As soon as practicable, but in any event:
and Subsidiaries. CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY (UNAUDITED) FOR THE THIRTEEN WEEKS ENDED MAY 5, 2007 (In thousands) Additional Common Stock Paid-in Retained Total Shares Amount Capital Earnings Shares Amount BALANCE—February 3, 2007 1 $ — $ 22,600 $ 8,843 1 $ 31,443 Stock compensation expense 48 48 Net income — — — 2,703 — 2,703 BALANCE—May 5, 2007 1 $ — $ 22,648 $ 11,546 1 $ 34,194 See notes to consolidated financial statements.
and Subsidiaries. The Loan Party Representative shall cause each issuer of an insurance policy to provide the Administrative Agent with an endorsement (i) showing the Administrative Agent as loss payee with respect to each policy of property or casualty insurance and naming the Administrative Agent as an additional insured with respect to each policy of liability insurance, (ii) providing that 30 days’ notice will be given to the Administrative Agent prior to any cancellation of (or 10 days’ notice in the event of non-payment of premiums), material reduction or change in coverage provided by or other material modification to such policy and (iii) reasonably acceptable in all other respects to the Administrative Agent. The Loan Parties shall execute and deliver to the Administrative Agent a collateral assignment, in form and substance reasonably satisfactory to the Administrative Agent, of the proceeds of each business interruption insurance policy maintained by the Loan Parties.
and Subsidiaries. 14. The Optionee represents and agrees that he will comply with all applicable laws relating to the Plan and the grant and exercise of the option and the disposition of the shares of Common Stock acquired upon exercise of the option, including without limitation, federal and state securities and "blue sky" laws.
and Subsidiaries. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED) (IN THOUSANDS, EXCEPT PER SHARE AND PERCENTAGE DATA)
and Subsidiaries. Unaudited Pro Forma Condensed Combined Statement of Operations For the Six Months Ended June 30, 2020 Blink BlueLA As Reported As Reported Reclassification Adjustments As Reclassified Pro Forma Adjustments Pro Forma Combined Note A Note B Note B Note B Note C Revenues: Charging service revenue - company-owned charging stations $ 406,874 $ - $ - $ - $ - $ 406,874 Product sales 2,051,777 - - - - 2,051,777 Network fees 126,830 - - - - 126,830 Warranty 16,479 - - - - 16,479 Gxxxx and rebate 8,491 - 5,600 5,600 - 14,091 Other 261,023 182,366 - 182,366 - 443,389 Total Revenue 2,871,474 182,366 5,600 187,966 - 3,059,440 Cost of revenues: Cost of charging services - company-owned charging stations 65,488 - - - - 65,488 Host provider fees 113,515 - - - - 113,515 Cost of product sales 1,391,876 - - - - 1,391,876 Network costs 357,622 - - - - 357,622 Car rentals - 329,517 - 329,517 - 329,517 Warranty and repairs and maintenance 132,643 - - - - 132,643 Depreciation and amortization 87,728 - - - - 87,728 Other - - 77,771 77,771 - 77,771 Total Cost of Revenue 2,148,872 329,517 77,771 407,288 - 2,556,160 Gross Profit 722,602 (147,151 ) (72,171 ) (219,322 ) - 503,280 Operating Expenses: Compensation 4,420,205 - 617,014 617,014 - 5,037,219 Depreciation and amortization - 664,956 (664,956 ) - - - Reversal of provision for risk - (754,659 ) - (754,659 ) - (754,659 ) Impairment expense - - 664,956 664,956 (664,956 )(b) - General and administrative expenses 1,316,536 - 190,999 190,999 - 1,507,535 Other operating expenses 1,026,618 1,393,133 (885,784 ) 507,349 - 1,533,967 Total Operating Expenses 6,763,359 1,303,430 (77,771 ) 1,225,659 (664,956 ) 7,324,062 Loss From Operations (6,040,757 ) (1,450,581 ) 5,600 (1,444,981 ) 664,956 (6,820,782 ) Other Income (Expense): Interest income, net 21,110 - - - - 21,110 Interest expense - (129,824 ) - (129,824 ) 129,824 (a) - Foreign currency exchange gain - 335 - 335 - 335 Grant income - 5,600 (5,600 ) - - - Gain on settlement of accounts payable, net 19,086 - - - - 19,086 Change in fair value of derivative and other accrued liabilities (16,039 ) - - - - (16,039 ) Other income 25,987 - - - - 25,987 Total Other Income (Expense) 50,144 (123,889 ) (5,600 ) (129,489 ) 129,824 50,479 Net Loss $ (5,990,613 ) $ (1,574,470 ) $ - $ (1,574,470 ) $ 794,780 $ (6,770,303 ) Earnings per share: Basic $ (0.22 ) $ (0.25 ) Diluted $ (0.22 ) $ (0.25 ) Number of common shares outstanding Basic 27,584,918 27,584,918 Diluted 27,584,918 27,584,918 See notes to t...
and Subsidiaries. Consolidated Statements of Stockholders' Equity Years ended July 1, 1995 and June 30, 1994 ================================================================================================================= Series A Series B convertible convertible Total preferred preferred Common Accumulated stockholders' stock stock stock deficit equity ----------------------------------------------------------------------------------------------------------------- Balance at June 30, 1993 $2,823,163 -- 2,000,000 (1,015,711) 3,807,452 Net income -- -- -- 449,105 449,105 Series A convertible preferred stock accreted redemption 254,085 -- -- (254,085) -- ----------------------------------------------------------------------------------------------------------------- Balance at June 30, 1994 3,077,248 -- 2,000,000 (820,691) 4,256,557 Net income -- -- -- 367,524 367,524 Issuance of Series B convertible preferred stock -- 11,379,258 -- -- 11,379,258 Conversion of subsidiary's stock to common stock -- -- 400,000 -- 400,000 Common stock issued in lieu of interest on debt instrument -- -- 236,750 -- 236,750 ----------------------------------------------------------------------------------------------------------------- Balance at July 1, 1995 $3,077,248 11,379,258 2,636,750 (453,167) 16,640,089 ================================================================================================================= See accompanying notes to consolidated financial statements FCOA ACQUISITION CORP. AND SUBSIDIARIES Consolidated Statements of Cash Flows Years ended July 1, 1995 and June 30, 1994 ================================================================================ 1995 1994 -------------------------------------------------------------------------------- Cash flows from operating activities: Net income $ 367,524 449,105 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization of fixtures and equipment 1,446,370 808,164 Amortization of organization costs 7,393 76,578 Accrual of stock on subordinated debentures and bridge loan 11,849 91,568 Deferred rent liability 917,606 609,803 Deferred income taxes (55,266) (131,752) Change in assets and liabilities: Decrease (increase) in assets: Accounts receivable 48,600 136,024 Inventories (9,131,663) (5,132,846) Prepaid expenses (78,267) (188,547) Other assets 21,390 (796) Increase (decrease) in liabilities: Accounts payable 1,823,227 1,414,275 Accrued expenses 790,944 539,786 Ac...
