Consolidated Balance Sheets Fiscal Year End 2014 2013 Amounts in milions, except
ID: 2465412 • Letter: C
Question
Consolidated Balance Sheets Fiscal Year End 2014 2013 Amounts in milions, except share data) ASSETS Current assets: Cash and cash equivalents Trade and other accounts receivable -net Finance receivables net Contract receivables net Inventories net Deferred income tax assets Prepaid expenses and other assets 132.9 550.8 402.4 217.6 374.6 475.5 101.0 Total current assets Property and equipment net Deferred income tax assets Long-term finance receivables - net Long-term contract receivables -net Goodwill Other intangibles-net Other assets Total assets 1,858.6 404.5 93.2 650.5 242.0 810.7 203.3 47.3 434.4 85.4 84.2 1,796.2 392.5 57.1 560.6 217.1 838.8 190.5 57.2 $ 4,110.0 S43101 LIABILITIES AND EQUITY Current liabilities Notes payable and current maturities of long-term debt Accounts payable Accrued benefits Accrued compensation Franchisee deposits Other accrued liabilities 145.0 53.8 99.2 65.8 298.3 718.7 862.7 159.2 42.5 217.9 83.8 2,084.8 155.6 59.4 243.7 715.4 858.9 143.8 Total current liabilities Long-term debt Deferred income tax liabilities Retiree health care benefits Pension liabilities Other long-term liabilities 135.8 Total liabilities 1,979.6 Commitments and contingencies (Note 15) Shareholders' equity attributable to Snap-on Incorporated Preferred stock (authorized 15,000,000 shares of $1 par value; none Common stock (authorized 250,000,000 shares of $1 par value; issued 67.4 254.7 2,637.2 (248.2) 503.3 2,207.8 67,383,127 and 67,371,679 shares, respectively) Additional paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock at cost (9,269,680 and 9,255,903 shares, respectively) 67.4 225.1 2,324.1 2,113.2 17.2 2,130.4 Total shareholders' equity attributable to Snap-on Incorporated Noncontrolling interests Total equity 2.225.3- 2, iso- $ 4,110.0 Total liabilities and equity $ 4,310.1Explanation / Answer
gross profit ratio = gross profit / sales * 100