COMBINED BALANCE SHEETS Sample Clauses

COMBINED BALANCE SHEETS. DECEMBER 31, SEPTEMBER 29, In Thousands of EURO's 2001 2002 ASSETS CURRENTS ASSETS:
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COMBINED BALANCE SHEETS. As of June 30, 2021 (in thousands, except per share amounts) ASSETS Current assets: Xxxxx ELFS Proforma Adjustments Proforma Combined Cash $ 2,926 $ 1,456 $ (1,456 ) 4 $ 2,926 Accounts receivable, net of allowance for doubtful accounts 27,575 11,850 - 39,425 Inventory, net 3,479 - - 3,479 Prepaid expenses and other assets 638 701 - 1,339 Total current assets 34,618 14,007 (1,456 ) 47,169 Property, plant and equipment, net 4,917 128 - 5,045 Other Assets: Intangible assets, net 14,461 - 8,380 6d 22,841 Goodwill 15,955 - 5,685 6e 21,640 Operating lease right of use asset 2,280 - 1,156 6f 3,436 Security deposits and other long-term assets 263 333 - 596 Total other assets 32,959 333 15,221 48,513 Total assets $ 72,494 $ 14,468 $ 13,765 $ 100,727 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Line of credit $ 12,986 $ - $ 13,000 4 $ 25,986 Accounts payable – trade 23,049 2,974 - 26,023 Accrued expense and other current liabilities 4,082 1,003 1,748 4 6,833 Dividends payable 2,228 - - 2,228 Current portion of Paycheck Protection Program (PPP) loan 1,528 - - 1,528 Current portion of deferred acquisition payments 176 - - 176 Current portion of subordinated promissory note-related party 711 - - 711 Current portion of long-term debt 867 2,035 (2,035 ) 4 867 Current portion of operating lease liabilities 809 - 615 6f 1,424 Total current liabilities 46,436 6,012 13,328 65,776 Other Liabilities: Long-term debt 5,084 21 (21 ) 4 5,084 Long-term portion of Paycheck Protection Program (PPP) loan 1,232 - - 1,232 Subordinated promissory notes-related party 809 - 6,000 4 6,809 Long-term portion of deferred acquisition payments 374 - - 374 Mandatorily redeemable non-controlling interest 690 - - 690 Deferred income taxes 2,057 - - 2,057 Long-term operating lease liabilities 1,495 - 541 6f 2,036 Other liabilities 399 - 3,000 4 3,399 Total other liabilities 12,140 21 9,520 21,681 Total liabilities 58,576 6,033 22,848 87,457 Stockholders’ equity: Preferred Stock, $0.001 par value; 100,000 shares authorized Series B 5,700 shares authorized, 31 shares issued and outstanding - - - - Series C 20,000 shares authorized and 20,000 shares issued and 19,760 outstanding at June 30, 2021, liquidation value of $12,108 at June 30, 2021 - - - - Common stock, $0.001 par value; 4,500,000 shares authorized, 927,207 issued and 907,207 outstanding as of June 30, 2021 1 - - 1 Paid-in capital 14,119 - - 14,119 Treasury stock, at cost, 20,000 shares (240 ) - - (240 ) Accumulated earnings 38 8...
Sample 1
COMBINED BALANCE SHEETS. 1996 1995 --------- --------- Assets Current assets.................................................................... $ 16,073 $ 6,937 Investments in wireless systems and equipment..................................... 38,447 31,349 Other assets...................................................................... 3,100 2,940 --------- --------- Total Assets...................................................................... $ 57,620 $ 41,226 --------- --------- --------- --------- Liabilities and Joint Ventures' Equity (Deficit) Current liabilities............................................................... $ 18,544 $ 10,954 Amount payable under MITI credit facility......................................... 41,055 33,699 Other long-term liabilities....................................................... 6,043 -- --------- --------- 65,642 44,653 Joint Ventures' Equity (Deficit).................................................. (8,022) (3,427) --------- --------- Total Liabilities and Joint Ventures' Equity (Deficit)............................ $ 57,620 $ 41,226 --------- --------- --------- --------- COMBINED STATEMENT OF OPERATIONS 1996 1995 1994 --------- ---------- --------- Revenue......................................................................... $ 43,768 $ 19,344 $ 3,280 Expenses: Cost of service............................................................... 15,171 9,993 2,026 Selling, general and administrative........................................... 23,387 11,746 2,411 Depreciation and amortization................................................. 7,989 3,917 1,684 Other......................................................................... 1,674 -- 203 --------- ---------- --------- Total expenses.................................................................. 48,221 25,656 6,324 --------- ---------- --------- Operating loss.................................................................. (4,453) (6,312) (3,044) Interest expense................................................................ (3,655) (1,960) (632) Other income (expense).......................................................... (391) (1,920) 47 Foreign currency translation.................................................... (356) (203) 15 --------- ---------- --------- Net loss........................................................................ $ (8,855) $ (10,395) $ (3,614) --------- ---------- --------- --------- ---------- --------- METROMEDIA INTERNATIONAL ...
Sample 1
COMBINED BALANCE SHEETS. The following are the combined balance sheets of the Target Group as at 31 December 1999, 2000 and 2001, prepared on the basis set out in Section 1 above: YEAR ENDED 31 DECEMBER ------------------------------------- NOTE 1999 2000 2001 ---- ----------- ----------- ----------- XXX XXXXXXX XXX XXXXXXX XXX MILLION NON-CURRENT ASSETS Fixed assets (a) 24,867 28,061 39,499 Construction in progress (b) 2,469 4,303 10,448 Deferred tax assets (c) 232 1,254 634 ------- ------- ------- 27,568 33,618 50,581 ======= ======= ======= CURRENT ASSETS Inventories 96 320 442 Amounts due from ultimate holding company (d) 1,180 1,725 2,493 Amounts due from related parties (e) 2,789 -- -- Accounts receivable (f) 1,736 1,687 1,441 Other receivables (g) 231 1,110 323 Prepaid expenses and other current assets 192 522 491 Deposits with banks 1 -- 25 Cash and cash equivalents 3,570 3,225 3,360 ------- ------- ------- 9,795 8,589 8,575 ======= ======= ======= YEAR ENDED 31 DECEMBER ------------------------------------- NOTE 1999 2000 2001 ---- ----------- ----------- ----------- XXX XXXXXXX XXX XXXXXXX XXX MILLION CURRENT LIABILITIES Bank loans and other interest-bearing borrowings (h) 5,874 4,919 4,766 Bills payable -- 107 328 Current instalments of obligations under finance leases (i) 238 266 86 Amounts due to ultimate holding company (d) 1,074 594 418 Amounts due to related parties (e) 3,325 -- -- Accounts payable (j) 3,986 7,788 7,182 Accrued expenses and other payables 1,433 2,099 2,901 Taxation -- -- 85 ------- ------- ------- 15,930 15,773 15,766 ======= ======= ======= NET CURRENT LIABILITIES (6,135) (7,184) (7,191) ======= ======= ======= TOTAL ASSETS LESS CURRENT LIABILITIES 21,433 26,434 43,390 NON-CURRENT LIABILITIES Bank loans and other interest-bearing borrowings (h) (10,354) (8,954) (2,922) Amount due to ultimate holding company (d) -- -- (8,750) Obligations under finance leases, excluding current instalments (i) (306) (86) -- Deferred revenue (k) -- (350) (1,055) ------- ------- ------- NET ASSETS 10,773 17,044 30,663 ======= ======= ======= CAPITAL AND RESERVES (l) 10,773 17,044 30,663 ======= ======= =======
Sample 1

Related to COMBINED BALANCE SHEETS

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

  • Balance Sheet “Balance Sheet” is defined in Section 3.6 of the Agreement.

  • Pro Forma Balance Sheet The Administrative Agent shall have received the Pro Forma Balance Sheet in form and substance satisfactory to the Administrative Agent and the Required Lenders;

  • Closing Balance Sheet As soon as reasonably practicable following the Closing Date, and in any event within one hundred thirty days (130) days thereafter, the Company shall prepare and deliver to Seller (i) a consolidated balance sheet of the Included Subsidiaries as of the close of business on the date immediately prior to the Closing Date (the "Closing Balance Sheet"), (ii) a consolidated balance sheet of the Company as of the close of business on the date immediately prior to the Closing Date, (iii) a calculation of the "Closing Net Working Capital Amount", which shall equal the Net Working Capital Amount as reflected on the Closing Balance Sheet minus the Target Net Working Capital Amount (including the line item components thereof, together with reasonable back-up information providing the basis for such balance sheet and calculations), (iv) the amount of outstanding Indebtedness outstanding as of the close of business on the date immediately prior to the Closing Date minus any such Indebtedness to be paid at any time prior to the Closing or that will be paid by Seller at the Closing plus any Indebtedness incurred on the Closing Date that remains outstanding immediately after the Closing (the "Closing Indebtedness") which Closing Indebtedness shall include the actual amount of the U.K. Loans and the Esterhazy Loan immediately prior to the Closing, (including the components thereof, together with reasonable back up information); (v) a calculation of the amount of Retention Bonuses that would have been paid by the Acquired Companies to the Employees, in accordance with the terms of the Retention Bonuses had such Retention Bonuses not been "rolled over" into the Senior Executive Plan plus the amount of the Retention Bonuses that were not rolled-over into the Senior Executive Plan (such sum being referred to as the "Actual Retention Bonuses"), (vi) a statement of the actual amount of the sales bonuses set forth on Section 3.16(a)(iii) of the Seller Disclosure Letter that would have been paid to the Employees in accordance with the terms of such Sales Bonuses had such Sales Bonuses not been "rolled over" into the Senior Executive Plan or that were payable (and not paid by Seller prior to Closing) (the "Actual Sales Bonuses"), (vii) a calculation of the funding level of the U.K. Plan, at Closing, and the Actual U.K. Funding Amount as prepared by the Salt Union Limited's actuary in the U.K. consistent with its prior practice and (viii) a calculation of the Net Interim Period Adjustment Amount (which calculation shall set forth, for the Interim Period and the Offset Period, if any, a calculation of the Interim Period EBITDA generated, a calculation of the Interim Period Capital Expenditures actually spent during the Interim Period, a calculation of the Interim Period Interest Adjustment Amount, a calculation of the Interim Period Taxes and a calculation of the Interim Period Adjustment Amounts). The Closing Balance Sheet, the Interim Period EBITDA, and the Interim Period Capital Expenditures shall be prepared in accordance with GAAP and on a basis consistent with the preparation of the Company Financial Statements (except as specified in the definition of Interim Period EBITDA). In order for Seller to review the Closing Balance Sheet and calculate the Closing Net Working Capital Amount, the Closing Indebtedness, the Net Interim Period Adjustment Amount (and the elements of such calculation) and to review the calculation of the Actual Retention Bonuses, the Actual Sales Bonuses and the Actual U.K. Funding Amount, the Company will provide to Seller and Seller's accountants prompt and full access to the personnel, accountants and books and records of the Acquired Companies (and shall provide copies of the applicable portions of such books and records as may be reasonably requested), to the extent reasonably related to the preparation of the Closing Balance Sheet and the calculation of the Closing Net Working Capital Amount, the Closing Indebtedness, the Actual Retention Bonuses, the Actual Sales Bonuses and the Actual U.K. Funding Amount, and the Net Interim Period Adjustment Amount (and the elements of such calculation).

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • No Off Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Closing Date Balance Sheet (a) Prior to Closing, the parties will cooperate in preparing a balance sheet dated as of the Closing Date (the "Closing Date Balance Sheet") reflecting the amount by which the value of the Purchased Assets as of the Closing Date exceeds the Assumed Liabilities as of the Closing Date (the "Net Value"). Purchaser and Seller agree that the Closing Date Balance Sheet will be prepared in a manner consistent with the balance sheet as of June 28, 1997 attached hereto as Exhibit A and will reflect an update of the Preliminary Balance Sheet (as defined in Section 3.03(b) below). Purchaser and Seller will endeavor in good faith to resolve any disputes in the determination of the Net Value and the preparation of the Preliminary Balance Sheet and the Closing Date Balance Sheet. (b) Seller shall take a physical inventory (the "Closing Inventory") of the Divisions as of the last day of the most recent month that is not more than 30 days prior to the Closing Date (or such other date as Seller and Purchaser shall mutually agree) and will prepare a preliminary balance sheet as of the date of the Closing Inventory (the "Preliminary Balance Sheet") reflecting the value of the Purchased Assets and the Assumed Liabilities as of the date of the Preliminary Balance Sheet. Purchaser and its representatives will have the right to participate in the taking of the Closing Inventory. Not less than five days prior to Closing, Seller will deliver a copy of the Preliminary Balance Sheet to Purchaser for its review. Seller and Purchaser will cooperate to determine a method reasonably acceptable to each party to make adjustments to and update the Preliminary Balance Sheet for purposes of preparing the Closing Date Balance Sheet. 3.04

  • Consolidated With reference to any term defined herein, that term as applied to the accounts of a Person and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.

  • Current Liabilities 20 12.07 Damages.................................................................................................21 12.08

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