Belmond Ltd. BEL Balance Sheet

Belmond ltd. (BEL)

Balance Sheet / Yearly

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	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets
Cash and cash equivalents
108,441	145,459	160,864	134,600	180,153	205,367	113,850	130,953	153,425	177,892	144,532	120,984	135,599	174,599	156,689	110,492	135,118	158,826	132,940	134,358	123,159	153,144	113,620	79,343	92,844	101,536	71,562	66,516	90,104	119,013	113,001	117,145	150,107	131,612	112,535	71,674
Restricted cash
1,937	3,893	7,408	6,529	3,121	6,368	10,353	7,043	1,830	5,357	4,487	6,423	2,568	6,366	2,875	3,109	1,905	2,489	1,914	2,957	6,003	3,312	5,781	8,264	21,080	20,057	14,488	15,190	13,214	13,995	15,115	14,343	8,429	13,940	16,607	19,894
Accounts Receivable, Net, Current
37,722	53,532	60,971	51,083	34,373	43,037	37,388	28,703	25,775	32,272	30,940	28,560	27,066	32,501	35,314	32,193	30,310	38,708	40,657	36,332	35,471	43,540	42,972	40,173	36,240	47,179	50,718	50,947	44,599	45,669	51,266	43,321	49,553	59,595	61,337	59,968
Due from unconsolidated companies
10,292	15,049	14,771	14,566	12,762	14,064	13,642	15,445	12,165	13,680	15,103	15,743	12,157	10,279	10,457	14,027	15,894	9,277	9,789	9,502	11,795	12,928	16,333	15,377	15,200	10,077	12,569	10,616	10,754	31,831	30,008	27,339	5,985	19,532	20,785	19,385
Prepaid expenses and other
13,340	14,486	14,015	13,404	13,327	13,352	13,730	14,600	12,262	11,617	12,874	14,119	13,310	16,198	19,969	33,942	17,791	25,185	28,154	42,959	25,896	23,902	28,793	35,142	21,021	20,452	22,051	28,081	20,089	25,193	25,549	53,225	23,223	27,760	23,532	22,276
Inventories
21,201	21,774	22,138	22,419	23,092	23,890	24,546	23,977	23,931	26,900	27,404	27,425	25,556	25,899	28,230	27,713	30,501	40,812	44,478	44,923	45,056	45,344	45,225	43,467	44,136	44,674	44,491	46,056	44,499	46,757	49,999	46,480	43,546	44,776	41,958	43,678
Assets held for sale
-	-	-	-	-	3,829	-	-	-	-	0	2,394	-	-	-	-	-	0	720	720	34,416	720	2,925	2,925	57,040	18,726	65,910	16,869	135,390	18,067	36,217	35,426	81,601	26,890	12,915	64,358
Real estate assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,883	1,898	2,010	1,924	29,905	30,747	31,210	1,866	37,663	74,499	73,869	60,278	80,607	109,900	120,288
Total current assets
192,933	254,193	280,167	242,601	266,828	309,907	213,509	220,721	229,388	267,718	235,340	215,648	216,256	265,842	253,534	221,476	231,519	275,297	258,652	271,751	281,796	284,773	257,547	226,701	289,485	292,606	312,536	265,485	360,515	338,188	395,654	411,148	422,722	404,712	399,569	421,521
Property, Plant and Equipment, Net
1,261,932	1,246,185	1,228,098	1,238,879	1,168,044	1,167,515	1,163,975	1,089,083	1,074,676	1,098,319	1,094,099	1,100,477	1,078,361	1,096,218	1,130,261	1,107,575	1,168,757	1,222,063	1,089,113	1,076,419	1,309,603	1,147,981	1,125,464	1,126,512	1,138,114	1,147,743	1,120,319	1,211,931	1,107,595	1,205,343	1,299,896	1,283,520	1,231,188	1,286,481	1,242,188	1,191,531
Property, plant and equipment of consolidated variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	193,852	191,471	-	186,543	185,078	184,138	183,793	184,418	185,013	185,213	185,788	186,969	187,270	187,822	188,502	189,589	190,692	192,682
Investments in unconsolidated companies
69,184	68,738	65,035	62,019	64,644	83,074	79,152	75,948	79,327	76,044	71,543	68,986	71,724	71,578	68,529	66,008	65,831	67,561	64,824	63,099	63,401	62,087	59,040	55,699	58,924	65,686	63,411	61,016	60,012	59,074	58,889	57,621	60,428	60,754	60,123	58,432
Goodwill
111,072	114,697	115,561	121,967	120,220	125,088	123,023	114,891	113,343	116,047	115,396	116,080	113,996	115,912	122,515	125,708	132,644	141,249	149,601	148,602	156,916	159,601	158,303	159,110	161,278	162,497	159,531	165,237	161,460	176,308	184,909	183,082	177,498	178,185	176,958	149,180
Other intangible assets
27,141	20,625	21,241	22,418	19,778	20,306	19,919	14,276	13,877	13,668	13,636	13,827	13,852	13,965	14,292	14,402	13,958	14,125	14,036	14,251	14,152	17,229	18,184	18,422	18,608	18,762	18,987	19,318	19,465	19,823	20,272	19,178	20,007	21,222	21,026	18,936
Pension assets
187	-	-	-	0	-	-	-	-	1,115	654	181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
13,359	17,219	17,134	16,952	14,123	12,555	13,140	12,950	13,457	15,375	15,510	15,471	15,286	26,060	26,716	49,907	42,514	59,617	63,059	54,327	53,998	60,320	56,248	53,716	41,825	42,218	39,534	40,115	36,034	19,953	22,101	27,663	37,369	30,005	32,112	40,408
Total assets
1,675,808	1,721,657	1,727,236	1,704,836	1,653,637	1,718,445	1,612,718	1,527,869	1,524,068	1,588,286	1,546,178	1,530,670	1,509,475	1,589,575	1,615,847	1,585,076	1,655,223	1,779,912	1,833,137	1,819,920	1,879,866	1,918,534	1,859,864	1,824,298	1,892,027	1,913,930	1,899,331	1,948,315	1,930,869	2,005,658	2,168,991	2,170,034	2,137,714	2,170,948	2,122,668	2,072,690
Liabilities and Equity
Working capital loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	138	-	0	372	0	1,114	487	133	-	175	711	-	1,174	335	8,171	6,666
Accounts payable
23,004	25,958	18,397	15,847	15,815	16,274	18,633	13,201	16,366	17,115	15,326	12,976	15,826	20,091	22,968	17,485	24,855	25,145	26,172	20,979	23,744	22,650	26,662	22,616	25,075	27,793	29,000	26,647	28,998	31,414	39,737	22,218	25,448	29,154	29,352	23,240
Accrued liabilities
103,923	111,214	99,231	80,340	79,455	98,774	81,858	70,862	69,046	84,550	78,826	74,161	71,653	87,906	79,055	68,217	68,635	80,888	76,585	76,672	74,187	95,534	82,357	79,968	77,234	102,430	96,326	93,091	87,617	82,791	82,636	74,693	71,554	100,175	83,980	73,875
Deferred revenue
40,232	50,797	54,360	56,089	32,786	38,582	45,162	46,894	31,350	37,144	46,969	46,262	32,266	42,615	40,961	41,587	30,943	42,129	43,388	47,582	36,983	41,514	40,557	44,529	29,548	40,778	38,677	47,164	25,644	42,728	41,536	45,463	28,082	45,416	68,643	68,784
Due to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Liabilities held for sale
-	-	-	-	-	938	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,611	0	1,413	1,413	3,537	266	937	781	7,018	1,808	3,207	2,180	3,673	5,035	2,551	14,646
Current portion of long-term debt and obligations under capital leases
6,332	6,356	6,367	6,526	6,407	6,767	51,242	5,307	5,284	5,392	5,322	5,425	5,349	5,391	5,380	5,323	5,549	5,569	5,514	5,527	72,816	194,823	93,370	84,144	90,115	51,023	112,416	66,185	77,058	66,662	74,694	127,533	124,805	483,880	146,779	173,223
Current portion of long-term debt of consolidated variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,772	1,772	-	1,751	1,795	1,795	1,795	1,795	1,789	1,765	1,784	1,766	1,764	1,777	1,775	67,133	67,174	165
Total current liabilities
173,491	194,325	178,355	158,802	134,463	161,335	196,895	136,264	122,046	144,201	146,443	138,824	125,094	156,003	148,364	132,612	129,982	153,731	153,431	152,532	209,479	356,272	246,154	234,837	227,304	225,199	279,632	235,766	228,119	227,344	244,285	273,864	256,511	731,128	406,650	360,599
Long-term debt and obligations under capital leases
753,646	740,064	778,097	745,750	700,752	698,275	596,706	587,101	585,768	596,240	594,933	584,451	577,543	594,666	595,777	590,993	599,140	621,345	540,890	546,260	566,915	351,301	438,123	424,372	431,445	465,799	413,015	470,895	466,830	505,095	537,272	522,306	511,336	241,259	535,471	559,042
Long-term debt of consolidated variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93,477	93,928	-	94,849	95,254	95,702	96,150	87,397	87,849	88,319	88,745	89,208	89,653	90,084	90,529	12,213	12,213	79,304
Liability for pension benefit
0	65	256	473	650	440	560	1,005	1,447	0	0	0	355	832	1,377	1,781	2,386	449	890	1,242	1,606	8,224	7,717	7,717	8,275	8,977	8,754	8,921	8,642	5,581	5,760	5,724	5,617	7,264	6,897	7,402
Other liabilities
3,905	3,085	2,963	2,866	3,023	1,040	4,697	4,816	5,366	7,464	8,529	22,286	20,470	24,150	22,183	24,950	23,897	23,021	23,919	20,111	18,851	19,225	19,253	20,257	21,511	24,214	25,544	25,571	26,145	25,574	24,901	24,581	30,095	29,770	29,368	19,742
Deferred income taxes
103,952	108,850	98,449	98,118	115,381	133,246	115,984	114,049	122,291	138,147	121,736	111,093	123,910	129,155	131,284	129,758	134,120	159,740	98,054	100,390	169,382	104,804	102,787	103,107	104,112	91,553	90,649	95,040	94,036	95,687	109,946	104,251	106,702	99,911	93,184	94,872
Deferred income taxes of consolidated variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61,176	61,034	-	59,765	59,952	60,139	60,326	60,499	60,690	60,881	61,072	61,835	61,835	61,835	61,835	64,100	64,100	64,100
Liability for uncertain tax positions
553	590	567	576	532	428	383	340	318	3,894	3,822	3,765	3,678	3,626	3,569	3,484	3,437	3,335	3,228	3,006	2,988	3,381	1,789	660	4,581	4,833	4,739	5,044	4,755	5,723	6,435	6,138	8,194	7,759	7,339	7,151
Total liabilities
1,035,547	1,046,979	1,058,687	1,006,585	954,801	994,764	915,225	843,575	837,236	889,946	875,463	860,419	851,050	908,432	902,554	883,578	892,962	961,621	975,065	978,503	969,221	997,821	971,029	946,791	953,704	968,471	970,872	990,437	978,344	1,016,047	1,080,087	1,088,783	1,070,819	1,193,404	1,155,222	1,192,212
Commitments and contingencies (Note 21)
-	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	-	-	-
Equity:
Shareholders’ equity:
Preferred shares $0.01 par value (30,000,000 shares authorized, issued Nil)
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
990,930	989,795	988,180	986,449	985,566	984,483	983,012	980,993	979,458	978,444	976,335	974,816	975,419	983,499	990,590	1,001,568	1,000,803	998,670	995,947	993,747	992,860	988,663	986,021	983,656	982,106	979,670	978,867	977,136	975,330	973,391	971,984	969,898	968,492	850,051	848,553	714,980
Retained earnings
-14,230	10,060	-2,555	-1,031	13,278	43,046	35,280	40,202	52,751	46,094	23,226	14,859	16,172	16,018	7,285	-3,786	5,763	7,900	-7,032	-13,117	7,643	25,590	9,450	-8,013	39,202	60,091	42,366	30,592	46,263	74,369	124,290	125,108	134,043	166,494	188,946	202,774
Accumulated other comprehensive loss
-338,219	-326,802	-318,505	-288,516	-301,322	-305,223	-322,296	-338,401	-346,777	-327,576	-330,195	-320,850	-334,542	-319,610	-286,539	-298,312	-246,420	-190,421	-133,482	-141,911	-93,317	-97,000	-110,124	-101,748	-86,381	-97,659	-96,174	-53,342	-72,289	-61,239	-10,602	-16,927	-38,585	-41,861	-72,955	-39,814
Less: Reduction due to class B common shares owned by a subsidiary — 18,044,478 (2017 - 18,044,478)
181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	181	-	181
Total shareholders’ equity
639,512	674,083	668,149	697,929	698,546	723,327	697,017	683,815	686,450	697,980	670,383	669,841	658,064	680,930	712,366	700,512	761,186	817,189	856,471	839,756	908,222	918,287	886,379	874,925	935,956	943,131	926,087	955,414	950,330	987,547	1,086,697	1,079,103	1,064,973	975,592	965,451	878,709
Non-controlling interests
749	595	400	322	290	354	476	479	382	360	332	410	361	213	927	986	1,075	1,102	1,601	1,661	2,423	2,426	2,456	2,582	2,367	2,328	2,372	2,464	2,195	2,064	2,207	2,148	1,922	1,952	1,995	1,769
Total equity
640,261	674,678	668,549	698,251	698,836	723,681	697,493	684,294	686,832	698,340	670,715	670,251	658,425	681,143	713,293	701,498	762,261	818,291	858,072	841,417	910,645	920,713	888,835	877,507	938,323	945,459	928,459	957,878	952,525	989,611	1,088,904	1,081,251	1,066,895	977,544	967,446	880,478
Total liabilities and equity
1,675,808	1,721,657	1,727,236	1,704,836	1,653,637	1,718,445	1,612,718	1,527,869	1,524,068	1,588,286	1,546,178	1,530,670	1,509,475	1,589,575	1,615,847	1,585,076	1,655,223	1,779,912	1,833,137	1,819,920	1,879,866	1,918,534	1,859,864	1,824,298	1,892,027	1,913,930	1,899,331	1,948,315	1,930,869	2,005,658	2,168,991	2,170,034	2,137,714	2,170,948	2,122,668	2,072,690
Class A common shares
Common stock, value
1,031	-	-	-	1,024	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B common shares
Common stock, value
181	-	-	-	181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-