ARCOS DORADOS HOLDINGS INC. ARCO Balance Sheet

Arcos dorados holdings inc. (ARCO)

Balance Sheet / Quarterly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ASSETS
Current assets
Cash and cash equivalents
308	194	112	139	175	184	176	208
Short-term investment
19	0	-	-	-	-	-	-
Accounts and notes receivable, net
111	83	63	83	110	105	93	79
Other receivables
36	28	35	65	136	131	66	107
Inventories
82	48	44	47	105	54	50	66
Prepaid expenses and other current assets
94	87	110	90	109	101	140	80
Derivative instruments
-	-	-	-	-	1	-	-
Deferred income taxes
-	-	12	17	27	22	36	10
McDonalds Corporations indemnification for contingencies
0	1	0	-	0	-	23	-
Collateral deposits
-	-	-	4	0	-	-	-
Total current assets
653	445	378	447	666	601	588	552
Non-current assets
Miscellaneous
98	89	62	102	91	59	44	21
Collateral deposits
2	5	5	5	5	5	5	20
Property and equipment, net
890	847	833	1,092	1,244	1,176	1,023	911
Net intangible assets and goodwill
47	43	49	57	70	67	58	47
Deferred income taxes
74	70	63	75	97	133	142	190
Derivative instruments
35	0	6	9	0	-	-	-
McDonalds Corporations indemnification for contingencies
2	3	3	4	3	5	12	40
Total non-current assets
1,150	1,059	1,024	1,347	1,513	1,447	1,286	1,231
Total assets
1,803	1,505	1,403	1,794	2,180	2,049	1,875	1,784
LIABILITIES AND EQUITY
Current liabilities
Accounts payable
303	217	187	220	311	244	220	186
Royalties payable to McDonalds Corporation
13	17	14	16	30	29	19	16
Income taxes payable
54	38	28	29	29	21	50	33
Other taxes payable
82	73	69	91	107	104	88	91
Accrued payroll and other liabilities
119	144	93	112	141	150	146	210
Provision for contingencies
2	0	0	0	1	0	41	0
Interest payable
9	7	15	20	21	21	16	8
Short-term debt
-	-	2	32	7	0	0	11
Current portion of long-term debt
4	28	161	6	4	1	2	6
Derivative instruments
15	19	2	10	2	3	1	39
Deferred income taxes
-	-	1	0	0	-	-	-
Total current liabilities
605	548	577	542	659	578	589	605
Non-current liabilities
Accrued payroll and other liabilities
29	23	19	18	35	40	52	53
Provision for contingencies
25	17	20	11	13	20	23	63
Long-term debt, excluding current portion
629	551	491	761	771	649	525	451
Derivative instruments
7	10	0	-	-	5	0	54
Deferred income taxes
10	1	8	4	6	9	4	6
Total non-current liabilities
702	605	538	795	825	724	606	629
Total liabilities
1,307	1,153	1,116	1,337	1,484	1,302	1,195	1,235
Equity
Additional paid-in capital
14	13	12	15	17	18	5	-2
Retained earnings
401	271	193	244	404	400	336	271
Accumulated other comprehensive losses
-429	-441	-424	-302	-218	-158	-148	-98
Total Arcos Dorados Holdings Inc. shareholders equity
495	350	286	456	694	746	679	549
Non-controlling interests in subsidiaries
0	0	0	0	0	1	1	1
Total equity
496	351	286	457	695	745	678	547
Total liabilities and equity
1,803	1,505	1,403	1,794	2,180	2,049	1,875	1,784