AIRCASTLE LIMITED AYR Balance Sheet

Aircastle limited (AYR)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Cash and cash equivalents
667	140	254	500	92	152	593	142	210	211	662	481	871	455	656	493	594	155	149	242	329	169	474	187	614	654	238	430	693	618	223	291	256	295	266	184	239
Restricted cash and cash equivalents
5	14	15	14	15	15	16	20	21	21	20	49	50	53	54	51	76	98	84	161	86	98	114	101	102	122	191	193	108	111	109	137	185	247	195	185	191
Accounts receivable
51	18	18	12	15	15	27	19	7	12	5	3	7	6	5	4	7	8	3	4	2	3	3	6	4	2	5	6	3	5	7	3	3	3	1	2	1
Restricted liquidity facility collateral
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	65	65	65	65	65	65	65	65	65	107	107	107	107	107	107	107	107	110	111	112	75
Property Subject to or Available for Operating Lease, Net
7,144	7,375	7,240	7,341	7,138	6,935	6,321	6,249	6,143	6,188	5,490	5,818	6,295	6,247	6,004	5,875	5,558	5,867	5,885	5,953	5,712	5,579	5,232	5,577	5,679	5,044	4,938	4,651	4,544	4,662	4,532	4,604	4,386	4,387	4,196	4,099	4,065
Net investment in leases, net of allowance for credit losses of $9,865 and $0, respectively
420	419	494	500	505	469	517	526	533	545	488	354	299	260	265	291	212	201	120	122	104	106	70	72	142	145	148	127	129	119	121	90	-	0	-	-	-
Unconsolidated equity method investments
33	32	69	78	76	69	82	80	78	76	76	76	74	72	67	64	59	50	49	48	47	46	30	21	21	21	-	-	-	0	-	-	-	-	-	-	-
Aircraft purchase deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	5	78	89	95	188	219
Other assets
211	201	228	185	177	214	172	174	173	141	131	259	140	148	129	164	129	123	131	203	174	105	175	179	148	153	177	168	169	186	162	162	129	90	78	74	65
Total assets
8,534	8,202	8,320	8,634	8,022	7,871	7,731	7,213	7,169	7,199	6,874	7,043	7,740	7,244	7,182	6,945	6,702	6,569	6,488	6,803	6,524	6,175	6,167	6,211	6,778	6,251	5,805	5,684	5,756	5,812	5,268	5,401	5,146	5,224	4,945	4,846	4,859
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES
Borrowings from secured financings, net of debt issuance costs and discounts
999	1,129	1,183	1,214	773	798	717	798	824	849	874	1,055	1,189	1,219	1,261	1,078	1,021	1,146	1,277	1,427	1,343	1,373	1,485	1,552	1,641	1,586	1,581	1,638	1,765	1,848	1,828	1,924	-	2,535	-	-	-
Borrowings from unsecured financings, net of debt issuance costs and discounts
4,435	3,932	4,004	4,277	4,128	3,962	3,938	3,392	3,391	3,463	3,286	3,283	3,781	3,287	3,286	3,283	3,162	2,894	2,717	2,850	2,700	2,371	2,200	2,200	2,650	2,150	1,750	1,750	1,750	1,750	1,250	1,250	-	450	-	-	-
Accounts payable, accrued expenses and other liabilities
173	172	163	164	156	153	149	131	139	140	145	131	144	127	144	135	141	131	154	156	157	140	162	131	156	111	134	118	113	108	108	104	86	105	81	80	76
Borrowings from secured and unsecured financings (including borrowings of ACS Ireland VIEs of $295,952, and $291,042 respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,923	-	2,779	2,685	2,707
Dividends payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	7
Lease rentals received in advance
99	108	101	96	91	87	81	76	66	57	51	59	60	62	61	57	54	67	60	56	53	53	48	52	51	49	48	45	50	53	51	48	45	46	40	39	43
Liquidity facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	65	65	65	65	65	65	65	65	65	107	107	107	107	107	107	107	107	110	111	112	75
Security deposits
110	124	124	124	124	120	131	131	130	130	120	123	123	122	128	123	112	115	114	111	107	117	125	130	117	118	110	104	91	87	87	82	80	83	83	78	83
Maintenance payments
690	682	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer Advances and Deposits
-	-	703	734	734	739	754	719	679	649	523	554	585	591	516	490	373	370	338	351	345	333	422	433	446	442	428	400	388	379	372	349	332	347	327	320	342
Fair value of derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	4	4	39	44	46	56	61	67	67	123	141	157	154	179
Total liabilities
6,507	6,149	6,282	6,612	6,009	5,862	5,772	5,249	5,231	5,291	5,002	5,208	5,884	5,410	5,397	5,169	4,931	4,790	4,727	5,018	4,770	4,454	4,512	4,570	5,134	4,606	4,205	4,211	4,324	4,396	3,874	3,934	3,699	3,819	3,591	3,481	3,516
Commitments and Contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
SHAREHOLDERS’ EQUITY
Preference shares, $0.01 par value, 50,000,000 shares authorized, no shares issued and outstanding
-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common shares, $0.01 par value, 250,000,000 shares authorized, 14,048 shares issued and outstanding at March 31, 2020; and 75,122,129 shares issued and outstanding at December 31, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,485	1,446	1,456	1,460	1,460	1,468	1,500	1,519	1,522	1,527	1,525	1,526	1,520	1,521	1,519	1,520	1,519	1,550	1,567	1,566	1,564	1,565	1,563	1,562	1,561	1,562	1,560	1,354	1,353	1,360	1,373	1,400	1,399	1,400	1,399	1,427	1,485
Retained earnings
540	605	581	560	551	539	458	443	415	380	347	310	337	315	268	260	258	241	210	242	218	192	137	134	147	158	126	214	192	180	162	218	213	191	166	153	104
Accumulated Other Comprehensive Income (Loss), Net of Tax
-	-	0	0	0	-0	-0	-0	-1	-1	-1	-2	-2	-3	-4	-4	-7	-13	-18	-23	-30	-38	-47	-57	-66	-75	-87	-96	-114	-126	-142	-152	-167	-187	-213	-215	-248
Total shareholders’ equity
2,026	2,052	2,038	2,021	2,012	2,008	1,958	1,963	1,937	1,907	1,871	1,835	1,856	1,834	1,785	1,776	1,770	1,779	1,760	1,785	1,753	1,720	1,655	1,641	1,644	1,645	1,600	1,472	1,432	1,415	1,394	1,467	1,446	1,404	1,353	1,365	1,342
Total liabilities and shareholders’ equity
8,534	8,202	8,320	8,634	8,022	7,871	7,731	7,213	7,169	7,199	6,874	7,043	7,740	7,244	7,182	6,945	6,702	6,569	6,488	6,803	6,524	6,175	6,167	6,211	6,778	6,251	5,805	5,684	5,756	5,812	5,268	5,401	5,146	5,224	4,945	4,846	4,859