Ritchie Bros. Auctioneers Incorporated RBA Balance Sheet

Ritchie bros. auctioneers incorporated (RBA)

Balance Sheet / Quarterly

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	Dec'14
Assets
Cash and cash equivalents
290,094	359,671	309,555	210,429	266,491	237,744	228,764	210,566	278,944	267,910	224,474	254,103	236,894	207,867	230,984	166,501	294,074	210,148	139,815
Restricted cash
65,831	60,585	141,832	128,565	56,743	67,823	75,281	118,714	62,414	63,206	89,846	113,391	137,986	50,222	83,413	196,171	117,944	83,098	93,274
Trade and other receivables
249,454	142,627	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: allowance for credit losses
3,727	5,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade and other receivables, net
-	-	249,925	338,618	220,452	129,257	247,972	188,993	182,157	92,105	212,330	135,395	112,353	52,979	192,420	131,183	131,098	59,412	76,062
Inventory
61,747	64,956	53,092	78,829	75,529	113,294	84,789	63,636	34,350	38,238	46,333	28,297	20,868	28,491	42,371	74,164	29,452	58,463	42,750
Other current assets
38,043	50,160	44,364	64,149	66,553	49,055	40,236	28,765	30,657	27,610	-	-	-	-	-	-	-	-	-
Advances against auction contracts (note 15)
-	-	-	-	-	-	-	-	-	-	9,983	11,534	7,485	5,621	3,839	1,877	3,750	4,797	26,180
Prepaid expenses and deposits (note 16)
-	-	-	-	-	-	-	-	-	-	16,422	14,971	15,114	19,005	12,672	14,444	11,692	11,057	11,587
Assets held for sale
-	-	-	-	-	-	-	-	251	-	654	245	242	632	390	632	631	629	1,668
Income taxes receivable
8,027	6,810	10,488	6,671	7,823	6,365	8,589	12,988	17,515	19,418	21,413	16,576	15,091	13,181	5,882	7,340	8,592	2,495	3,237
Total current assets
709,469	679,584	809,256	827,261	693,591	603,538	685,631	623,662	606,288	508,487	621,455	574,512	546,033	377,998	571,971	592,312	597,233	430,099	394,573
Property, plant and equipment
477,327	484,482	476,776	473,036	469,068	486,599	504,738	512,527	522,871	526,581	530,495	524,212	515,019	515,030	528,634	529,329	535,864	528,591	580,701
Equity-accounted investments
-	-	-	-	-	-	4,206	6,674	6,915	-	7,287	7,289	7,197	7,326	7,649	7,491	7,081	6,487	3,001
Restricted cash (note 11)
-	-	-	-	-	-	-	-	-	-	-	-	500,000	500,000	-	-	-	-	-
Deferred debt issue costs (note 18)
-	-	-	-	-	-	-	-	-	-	4,054	4,168	5,853	-	-	-	-	-	-
Other non-current assets
132,476	145,679	148,375	144,877	127,079	29,395	26,549	26,188	26,807	31,554	7,198	7,054	4,711	20,244	4,770	3,507	3,556	3,369	5,504
Intangible assets
225,291	233,380	234,249	239,761	241,968	245,622	251,422	253,036	259,052	261,094	261,122	255,500	74,987	72,304	66,681	65,862	65,400	46,973	45,504
Goodwill
670,136	672,310	671,378	672,505	671,797	671,594	673,191	672,909	674,097	670,922	669,646	667,573	98,065	97,537	92,307	111,576	111,569	91,234	82,354
Deferred tax assets
13,019	13,995	17,797	17,668	16,159	15,648	23,729	22,530	19,934	18,674	28,607	27,824	22,450	9,094	15,475	15,343	14,815	13,362	9,873
Total assets
2,227,718	2,229,430	2,357,831	2,375,108	2,219,662	2,052,396	2,169,466	2,117,526	2,115,964	2,017,312	2,129,864	2,068,132	1,774,315	1,599,533	1,287,487	1,325,420	1,335,518	1,120,115	1,121,510
Liabilities and Equity
Auction proceeds payable
344,311	276,188	453,278	458,116	322,358	203,503	325,985	324,505	303,416	199,245	360,517	303,712	278,195	98,873	274,741	275,293	289,103	101,215	109,378
Trade and other payables
187,783	194,279	166,796	175,735	181,015	201,255	179,659	150,785	170,777	164,553	132,045	127,738	115,434	124,694	122,288	114,754	130,368	120,042	126,738
Income taxes payable
1,891	7,809	16,053	5,384	3,838	2,312	6,999	6,874	2,021	732	1,277	876	1,378	5,355	4,299	4,095	1,190	13,011	10,136
Short-term debt
33,081	4,705	5,805	8,010	8,687	19,896	10,532	4,056	5,861	7,018	8,567	14,110	24,616	23,912	39,013	22,437	42,504	12,350	7,839
Current portion of long-term debt
16,944	18,277	18,027	18,235	15,648	13,126	11,556	9,086	9,264	16,907	16,985	16,618	-	-	-	-	46,132	43,348	-
Total current liabilities
584,010	501,258	659,959	665,480	531,546	440,092	534,731	495,306	491,339	388,455	519,391	463,054	419,623	252,834	440,341	416,579	509,297	289,966	254,091
Long-term debt
613,536	627,204	671,301	686,694	687,689	698,172	740,222	741,278	771,030	795,985	800,900	797,695	596,438	595,706	101,590	102,728	56,143	54,567	110,846
Share unit liabilities
-	-	-	-	-	-	-	-	-	-	2,444	1,867	2,404	-	3,526	3,225	3,188	5,633	5,844
Other non-current liabilities
142,569	151,238	150,400	147,454	129,205	41,980	39,436	39,130	44,857	46,773	18,118	16,091	14,972	38,088	13,647	9,325	8,803	6,735	7,436
Deferred tax liabilities
42,632	42,743	32,859	38,582	37,109	35,519	33,601	37,348	34,712	32,334	62,068	65,170	39,691	17,125	30,592	33,030	35,392	31,070	34,074
Total liabilities
1,382,747	1,322,443	1,514,519	1,538,210	1,385,549	1,215,763	1,347,990	1,313,062	1,341,938	1,263,547	1,402,921	1,343,877	1,073,128	903,753	589,696	564,887	612,823	387,971	412,291
Commitments
-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	0	0
Contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0
Contingently redeemable performance share units
-	-	-	1,049	984	923	864	12,965	16,576	9,014	-	-	-	3,950	-	-	-	-	-
Contingently redeemable:
Non-controlling interest (note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,141	41,444	24,785	17,287
Contingently redeemable performance share units (note 20)
-	-	-	-	-	-	-	-	-	-	7,230	7,706	5,021	-	-	-	-	-	-
Performance Share Units (note 22)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,438	2,661	-	-	-
Stockholders' equity:
Share capital:
Common stock; no par value, unlimited shares authorized, issued and outstanding shares: 108,198,739 (December 31, 2019: 109,337,781)
153,801	194,771	159,773	150,585	189,297	181,780	179,348	166,898	144,387	138,582	135,919	132,864	129,625	125,474	120,911	117,554	98,613	131,530	141,257
Additional paid-in capital
46,147	52,110	59,289	54,633	50,054	56,885	53,941	41,410	44,327	41,005	38,907	36,963	28,227	27,638	26,602	25,691	27,969	27,728	31,314
Retained earnings
714,816	714,051	684,231	680,915	646,614	648,255	632,496	628,341	601,205	602,609	584,263	592,169	593,212	601,071	591,430	615,672	594,986	601,051	536,111
Accumulated other comprehensive loss
-74,959	-59,099	-65,129	-55,449	-57,899	-56,277	-50,273	-50,280	-37,619	-42,514	-44,354	-50,349	-59,690	-67,126	-49,314	-49,901	-45,105	-57,133	-16,750
Stockholders' equity
839,805	901,833	838,164	830,684	828,066	830,643	815,512	786,369	752,300	739,682	714,735	711,647	691,374	687,057	689,629	709,016	676,463	703,176	691,932
Non-controlling interest
5,166	5,154	5,148	5,165	5,063	5,067	5,100	5,130	5,150	5,069	4,978	4,902	4,792	4,773	4,724	4,715	4,788	4,183	-
Total stockholders' equity
844,971	906,987	843,312	835,849	833,129	835,710	820,612	791,499	757,450	744,751	719,713	716,549	696,166	691,830	694,353	713,731	681,251	707,359	691,932
Total liabilities and equity
2,227,718	2,229,430	2,357,831	2,375,108	2,219,662	2,052,396	2,169,466	2,117,526	2,115,964	2,017,312	2,129,864	2,068,132	1,774,315	1,599,533	1,287,487	1,325,420	1,335,518	1,120,115	1,121,510