CONSOLIDATED BALANCE SHEETS Sample Clauses

CONSOLIDATED BALANCE SHEETS. Copies of audited consolidated financial statements as of December 31, 1997 for each of the Company and its Subsidiaries together with the most recent financial Projections, which financial statements and Projections shall not differ in any material adverse respect from those delivered to the Agent and each of the Banks pursuant to the Confidential Information Memorandum dated April 1998.
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CONSOLIDATED BALANCE SHEETS. In thousands, except per share data December 31 1999 1998 ------------------------------------------------------------------------------ ASSETS Invested assets and cash: Fixed income securities, at fair value (amortized cost: $436,690 and $418,866) $417,956 $423,914 Equity securities, at fair value (cost: $23,968 and $0) 25,897 -- Short-term investments, at cost (approximates fair value) 43,033 57,865 Other investments, at fair value 5,277 5,830 Cash 7,237 17,746 ------------------------------------------------------------------------------ Total invested assets and cash 499,400 505,355 Deferred policy acquisition costs 84,924 74,488 Insurance receivables: Premiums 9,822 8,950 Reinsurance, including $57,129 and $47,175 from affiliates 76,158 55,350 Intangible assets, net of accumulated amortization of $13,329 and $7,347 at December 31, 1999 and 1998, respectively 155,980 156,062 Prepaid reinsurance premiums 2,302 2,157 Property and equipment, at cost (less accumulated depreciation: $11,094 and $9,593) 14,769 9,979 Other assets 8,220 7,029 ------------------------------------------------------------------------------ Total assets $851,575 $819,370 ============================================================================== LIABILITIES Reserves: Unpaid losses and loss adjustment expenses $157,933 $150,020 Unearned premiums 199,300 183,708 ------------------------------------------------------------------------------ Total reserves 357,233 333,728 Debt 101,900 113,000 Deferred income taxes, net 10,447 10,649 Payable for securities purchased 7,487 8,517 Current income taxes payable 7,076 6,726 Reinsurance payables to affiliates 6,882 1,424 Other liabilities 34,246 35,429 ------------------------------------------------------------------------------ Total liabilities $525,271 $509,473 ------------------------------------------------------------------------------ Commitments and contingencies (See Note 9) STOCKHOLDERS' EQUITY Preferred stock, par value $.01 per share, 20,000 shares authorized; none issued and outstanding -- -- Common stock, par value $.01 per share, 100,000 shares authorized; 44,123 shares issued and 43,006 shares outstanding at December 31, 1999 and 44,093 issued and outstanding at December 31, 1998 441 441 Additional paid-in capital 253,366 253,215 Retained earnings 95,419 52,984 Accumulated other comprehensive income (loss) (11,150) 3,257 Treasury stock, at cost (11,772) -- -------------------------------------------------------------------...
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CONSOLIDATED BALANCE SHEETS. (In thousands, except par value) The accompanying notes are an integral part of these Unaudited Consolidated Financial Statements. June 30, 2015 December 31, 2014 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 491 $ 305 Short-term investments 63 129 Total cash, cash equivalents and short-term investments 554 434 Trade accounts receivable, net 293 255 Prepaid expenses and other current assets 687 602 Total current assets 1,534 1,291 Long-term investments — — Property and equipment, net 2,718 3,403 Other assets, net 418 62 Total assets $ 4,670 $ 4,756 LIABILITIES & STOCKHOLDERS’ EQUITY Current liabilities: Short-term Notes Payable $ 600 $ — Trade accounts payable $ 1,067 $ 901 Accrued liabilities 416 398 Deferred revenue and customer deposits 827 1,018 Current portion of capital lease obligations 87 — Total current liabilities 2,997 2,317 Long-term debt 700 Long-term portion of deferred rent 14 22 Total liabilities 3,111 2,339 Commitment and contingencies — — Stockholders’ equity: Convertible preferred stock, $0.001 par value; Authorized: 5,000 shares; Issued and Outstanding: none at June 30, 2015 and December 31, 2014 — — Common stock, $0.003 par value; Authorized: 80,000 shares; Issued and Outstanding: 5,769 shares at both June 30, 2015 and December 31, 2014 17 17 Additional paid-in capital 263,108 262,508 Accumulated other comprehensive loss (502 ) (424 ) Accumulated deficit (261,415 ) (259,435 ) Treasury stock at cost: 130 shares at both June 30, 2015 and December 31, 2014 (249 ) (249 ) Total stockholders’ equity 959 2,417 Total liabilities and stockholders’ equity $ 4,670 $ 4,756 LOOKSMART, LTD.
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CONSOLIDATED BALANCE SHEETS. Statements of Changes in Consolidated Stockholders' Equity... 32-33 34-35 Statements of Consolidated Comprehensive Income................ 36
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CONSOLIDATED BALANCE SHEETS. 4 Consolidated Statements of Changes in Stockholder’s Equity ........................................................................................ 5 Consolidated Statements of Cash Flows.......................................................................................................................... 6 Notes to Consolidated Financial Statements 7-134 Supplementary Information (unaudited): Glossary of Terms 135-137 Independent Auditor’s Report To the Board of Directors and Stockholder of JPMorgan Chase Bank, National Association We have audited the accompanying consolidated financial statements of JPMorgan Chase Bank, National Association and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2015 and December 31, 2014, and the related consolidated statements of income, comprehensive income, changes in stockholder’s equity and cash flows for each of the three years ended December 31, 2015.
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CONSOLIDATED BALANCE SHEETS. SEPTEMBER 30 1999 1998 --------------------------------------------------------------------------------------------------- DOLLARS IN MILLIONS LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Notes payable to banks $ 186 $ 253 Current portion of long-term debt (Note G) 11 11 Accounts payable and accrued liabilities (Notes F and H) 252 269 Deferred income taxes (Note M) 1 3 --------------------------------------------------------------------------------------------------- Total current liabilities 450 536 --------------------------------------------------------------------------------------------------- Long-term debt (Note G) 419 316 Deferred income taxes (Note M) 68 82 Other liabilities (Notes H, J, and O) 167 140 Commitments and contingencies (Note O) Minority interest 32 25 Stockholders' equity (Notes D, G, J, and K): Preferred stock: Authorized: 2,000,000 shares of $1 par value Series A Junior Participating Preferred Stock Issued and outstanding: none Series B ESOP Convertible Preferred Stock 7.75% Cumulative Issued: 75,336 shares (aggregate redemption value of $65 and $67) 75 75 Less cost of shares of preferred treasury stock (17) (14) Common stock: Authorized: 200,000,000 shares of $1 par value Issued and outstanding: 67,123,892 and 67,241,624 shares 67 67 Additional paid-in capital 5 5 Retained earnings 734 672 Unearned compensation (30) (26) Deferred employee benefits (59) (60) Notes receivable for restricted stock (25) -- Accumulated other comprehensive loss (44) (13) --------------------------------------------------------------------------------------------------- Total stockholders' equity 706 706 --------------------------------------------------------------------------------------------------- Total liabilities and stockholders' equity $ 1,842 $ 1,805 =================================================================================================== The accompanying notes are an integral part of these financial statements. CONSOLIDATED STATEMENTS OF INCOME YEARS ENDED SEPTEMBER 00 0000 0000 0000 DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS Revenues: Net sales and other operating revenues $ 1,695 $ 1,644 $ 1,625 Interest and dividend income (Notes D and P) 4 5 7 Total revenues 1,699 1,649 1,632 ==================================================================================================================== Costs and expenses: Cost of sales 1,213 1,133 1,155 Selling and administrative expenses 208 216 204 Research and technical ser...
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CONSOLIDATED BALANCE SHEETS. (a) Reflects the excess proceeds from the notes offering and the New Credit Facilities before the payment of the costs and expenses of the Transactions.
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CONSOLIDATED BALANCE SHEETS. (Dollars in Thousands, except per share amounts) ------------------------------------------------------------------------------------------------------------------- October 27, October 28, 1995 1994 ------------------------------------------------------------------------------------------------------------------- ASSETS CURRENT ASSETS Cash and cash equivalents $ 4,875 $ 2,580 ------------------------------------------------------------------------------------------------------------------- Accounts and notes receivable, less allowances for doubtful accounts (1995 - $911; 1994 - $890) 129,954 112,892 ------------------------------------------------------------------------------------------------------------------- Inventories 76,893 84,076 ------------------------------------------------------------------------------------------------------------------- Prepaid expenses and other accounts 25,186 24,603 ------------------------------------------------------------------------------------------------------------------- Total Current Assets 236,908 224,151 OTHER ASSETS 30,887 35,501 ------------------------------------------------------------------------------------------------------------------- PROPERTY, PLANT AND EQUIPMENT Land 8,607 8,560 ------------------------------------------------------------------------------------------------------------------- Buildings 76,047 64,025 ------------------------------------------------------------------------------------------------------------------- Machinery and equipment 162,886 137,372 ------------------------------------------------------------------------------------------------------------------- 247,540 209,957 ------------------------------------------------------------------------------------------------------------------- Less accumulated depreciation 117,136 102,001 ------------------------------------------------------------------------------------------------------------------- Net Property, Plant and Equipment 130,404 107,956 ------------------------------------------------------------------------------------------------------------------- $398,199 $367,608 ------------------------------------------------------------------------------------------------------------------- LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Notes payable to banks $ 5,288 15,000 ------------------------------------------------------------------------------------------------------------------- Trade accounts payable 68...
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CONSOLIDATED BALANCE SHEETS. (a) Unaudited consolidated balance sheets of the Company and the Subsidiaries as at December 31, 1998 and June 30, 1999, prepared in all material respects in accordance with generally accepted accounting principles ("GAAP"), consistently applied in accordance with the past practices of such entities (except for the absence of notes thereto), present fairly the consolidated financial condition, assets and liabilities of the Company and the Subsidiaries as at the respective dates indicated, and have been delivered or made available to Buyer. June 30, 1999 is referred to herein as the "Balance Sheet Date" and the unaudited consolidated GAAP balance sheet of the Company as at June 30, 1999 and the SAP balance sheets of the Subsidiaries as at June 30, 1999 are referred to herein, collectively, as the "Most Recent Balance Sheet."
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Related to CONSOLIDATED BALANCE SHEETS

  • 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;

  • 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.

  • Financial Statements; Pro Forma Balance Sheet; Projections On or prior to the Initial Borrowing Date, the Administrative Agent shall have received true and correct copies of the historical financial statements, the pro forma financial statements and the Projections referred to in Sections 8.05(a) and (d), which historical financial statements, pro forma financial statements and Projections shall be in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders.

  • Off-Balance Sheet Liabilities The Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture in which such Person is a general partner or a joint venturer, except to the extent that the terms of such Indebtedness provide that such Person is not liable therefor.

  • Closing Balance Sheet (a) Within thirty (30) days following the Closing, the Sellers and Company shall cause to be prepared and delivered to Buyer an unaudited balance sheet of the Company as of the Closing Date (the “Closing Balance Sheet”). The Company and Sellers shall cause the Closing Balance Sheet to be prepared in accordance with GAAP consistent with and using the same accounting principles, policies and methods as in the audited financial statements described in Section 3.17 with contract estimates at completion (“EACs”) and estimates to complete (“ETCs”) determined on a basis consistent with the method used for determination of the Company’s audited financial statements. Sellers shall bear the cost of preparing the Closing Balance Sheet. If the Tangible Net Worth of the Company as of the Closing Date as reflected on the Closing Balance Sheet, taking into account payment of the Company Pre-Closing Liabilities, is less than $80,000, then the Escrow Deposit shall be reduced on a dollar for dollar basis to the extent of any such deficiency. The amount by which the Tangible Net Worth of the Company as of the Closing Date is less than $80,000 taking into account payment of the Company Pre-Closing Liabilities, is hereafter referred to as the “Balance Sheet Adjustment.” The amount of any Balance Sheet Adjustment shall be deducted from the Escrow Deposit and paid to Buyer within two (2) days following determination of the “Final Closing Balance Sheet” (as defined in Section 2.3(b)), prior to release of the Escrow Deposit to the Sellers. The remainder of the Escrow Deposit shall thereafter promptly be paid by Escrow Agent to the Sellers in accordance with the terms of the Escrow Agreement. To the extent that Buyer decides not to pay off the DCAA liability as described in Section 2.2(a)(iii), then such amount shall be deemed paid off for purposes of determining the Closing Balance Sheet hereunder.

  • Consolidated Interest Expense With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

  • Consolidated Senior Leverage Ratio Permit the Consolidated Senior Leverage Ratio as of the end of any fiscal quarter of the Parent during the applicable period set forth below to be greater than the ratio corresponding to such period as set forth below: Period Maximum Consolidated Senior Leverage Ratio Closing Date through June 30, 2013 3.50:1.00 July 1, 2013 through December 31, 2013 3.25:1.00 Thereafter 3.00:1.00

  • 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.

  • 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.

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