Balance sheet formats. The following information is based on the balance sheet of Delhaize Group (Delhaize), the Belgian food distributor, for 2007 (in € million). Delhaize applies IFRS and reports its results in millions of euros. Prepare a balance sheet for Delhaize that uses a format common to firms reporting under U.S. GAAP.
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Assets |
|
|
Goodwill . . . . . . . . . . . . . . . . |
€ 2,445.7 |
|
Intangible Assets . . . . . . . . . . |
552.1 |
|
Property, Plant, and Equipment . |
3,383.1 |
|
Other Noncurrent Assets . . . . . . |
244.0 |
|
€ 6,624.9 |
|
|
Inventories . . . . . . . . . . . . . . |
€ 1,262.0 |
|
Receivables . . . . . . . . . . . . . . |
564.6 |
|
Other Current Assets . . . . . . . . |
121.5 |
|
Cash and Cash Equivalents . . . . |
248.9 |
|
€ 2,197.0 |
|
|
Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
€ 8,821.9 |
|
Liabilities and Equity |
|
|
Share Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
€ 50.1 |
|
Share Premium . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
2,698.9 |
|
Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . |
2,355.3 |
|
Other Reserves and Adjustments . . . . . . . . . . . . . . . . |
(1,428.3) |
|
Total Shareholders’ Equity . . . . . . . . . . . . . . . . . . . |
€ 3,676.0 |
|
Long Term Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . |
€ 1,911.7 |
|
Obligations Under Finance Leases . . . . . . . . . . . . . . . |
595.9 |
|
Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
207.2 |
|
Other Noncurrent Liabilities . . . . . . . . . . . . . . . . . . . |
210.4 |
|
Total Noncurrent Liabilities . . . . . . . . . . . . . . . . . . |
€ 2,925.2 |
|
Short Term Borrowings . . . . . . . . . . . . . . . . . . . . . . . |
€ 41.5 |
|
Long Term Debt, Current Portion . . . . . . . . . . . . . . . . |
108.9 |
|
Obligations Under Finance Lease, Current Portion . . . . . |
39.0 |
|
Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
41.8 |
|
Income Tax Payable . . . . . . . . . . . . . . . . . . . . . . . . . |
58.7 |
|
Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . |
1,435.8 |
|
Accrued Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . |
375.7 |
|
Other Current Liabilities . . . . . . . . . . . . . . . . . . . . . . |
119.3 |
|
Total Current Liabilities . . . . . . . . . . . . . . . . . . . . . |
€ 2,220.7 |
|
Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . |
€ 5,145.9 |
|
Total Liabilities and Equity . . . . . . . . . . . . . . . . . . |
€ 8,821.9 |