MAGNA INTERNATIONAL INC MGA Balance Sheet

Magna international inc (MGA)

Balance Sheet / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ASSETS
Current assets
Cash and cash equivalents
726	974	2,863	1,249	1,554	1,522	1,325	1,881
Accounts receivable
6,878	6,165	5,439	5,316	5,246	4,774	4,398	3,543
Inventories
3,379	2,804	2,564	2,525	2,637	2,512	2,045	1,822
Income taxes receivable
-	-	-	13	-	-	-	-
Deferred tax assets
-	-	-	-	275	170	206	77
Prepaid expenses and other
237	220	278	150	211	157	172	162
Assets held for sale
-	-	-	609	-	-	-	-
Total current assets
11,220	10,163	11,144	9,862	9,923	9,135	8,146	7,485
Investments
2,088	1,850	399	379	391	385	438	575
Fixed assets, net
8,141	7,022	5,948	5,402	5,441	5,273	4,236	3,742
Intangible assets, net
650	621	169	-	-	-	-	-
Goodwill
2,099	1,923	1,344	1,337	1,440	1,473	1,196	1,194
Deferred tax assets
236	268	271	220	120	90	69	60
Other assets
959	719	412	526	675	753	594	618
Noncurrent assets held for sale
-	-	-	348	-	-	-	-
Consolidated total assets
25,393	22,566	19,687	18,074	17,990	17,109	14,679	13,674
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Short-term borrowings
259	623	25	30	41	71	36	20
Accounts payable
6,299	5,430	4,746	4,765	4,781	4,450	3,961	3,496
Accrued salaries and wages
836	768	660	686	704	617	525	456
Other accrued liabilities
1,649	1,639	1,512	1,448	1,538	1,185	1,002	891
Income taxes payable
18	96	122	-	6	93	5	55
Deferred tax liabilities
-	-	-	-	9	19	44	31
Long-term debt due within one year
108	139	211	183	230	249	151	19
Liabilities held for sale
-	-	-	514	-	-	-	-
Total current liability
9,169	8,695	7,276	7,626	7,309	6,684	5,724	4,968
Long-term debt
3,195	2,394	2,327	812	102	112	46	47
Long-term employee benefit liabilities
670	667	504	559	532	560	419	356
Other long-term liabilities
304	298	331	278	208	154	207	185
Deferred tax liabilities
323	293	132	92	200	141	81	92
Long-term liabilities held for sale
-	-	-	34	-	-	-	-
Total liability
13,661	12,347	10,570	9,401	8,351	7,651	6,477	5,648
Shareholders' equity
Common Shares [issued: 2017 - 358,063,217; 2016 - 382,251,587]
3,617	3,796	3,942	3,979	4,230	4,391	4,373	4,500
Contributed surplus
119	105	107	83	69	80	63	56
Retained earnings
8,089	7,318	6,387	5,155	5,011	4,462	3,317	2,715
Accumulated other comprehensive loss
-597	-1,451	-1,470	-558	313	496	422	752
Stockholders equity attributable to Magna International Inc
11,228	9,768	8,966	8,659	9,623	9,429	8,175	8,023
Non-controlling interests
504	451	151	14	16	29	27	3
Total stockholder's equity
11,732	10,219	9,117	8,673	9,639	9,458	8,202	8,026
Total liability and stockholders' equity
25,393	22,566	19,687	18,074	17,990	17,109	14,679	13,674