WILLSCOT CORP WSC Balance Sheet

Willscot corp (WSC)

Balance Sheet / Yearly

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
Assets
Cash and cash equivalents
4	3	3	5	12	8	9	8	2	9	0	0	0	2	0	0	0	1	1
Trade receivables, net of allowances for doubtful accounts at March 31, 2020 and December 31, 2019 of $16,471 and $15,828, respectively
241	247	250	242	229	206	199	104	94	94	-	-	-	71	-	-	-	-	-
Inventories
15	15	15	15	17	16	21	9	10	10	-	-	-	8	-	-	-	-	-
Prepaid expenses and other current assets
20	14	24	22	22	21	20	14	13	13	-	-	-	39	-	-	-	-	-
Assets held for sale
8	11	9	12	20	2	-	-	-	0	-	-	-	-	-	-	-	-	-
Current assets - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	14	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	0	-
Total current assets
289	292	304	299	302	256	250	136	121	127	0	0	0	137	0	-	-	1	-
Rental equipment, net
1,912	1,944	1,952	1,953	1,940	1,929	1,949	1,075	1,065	1,040	-	-	-	814	-	-	-	-	-
Property, plant and equipment, net
143	147	186	164	167	183	193	82	82	83	-	-	-	84	-	-	-	-	-
Operating lease assets
148	146	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes due from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	256	-	-	-	-	-
Goodwill
232	235	234	245	242	247	267	33	32	28	-	-	-	56	-	-	-	-	-
Intangible assets, net
126	126	128	128	131	131	132	125	126	126	-	-	-	125	-	-	-	-	-
Other non-current assets
3	4	4	4	5	4	4	4	3	4	-	-	-	1	-	-	-	-	-
Non-current assets - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	222	-	-	-	-	-
Total long-term assets
2,567	2,605	2,507	2,497	2,487	2,496	2,547	1,320	1,311	1,282	-	-	-	1,561	-	-	-	-	-
Cash and investments held in Trust Account
-	-	-	-	-	-	-	-	-	-	500	502	501	-	500	500	500	500	500
Total assets
2,857	2,897	2,811	2,796	2,790	2,752	2,797	1,457	1,432	1,410	500	502	501	1,699	501	501	501	501	501
Liabilities and equity
Accounts payable
102	109	101	96	96	90	78	58	46	57	1	0	-	33	-	-	-	-	-
Accrued liabilities
82	82	96	90	88	84	79	45	41	48	-	-	-	44	-	-	-	-	-
Accrued interest
12	16	13	16	14	20	15	1	8	2	-	-	-	26	-	-	-	-	-
Deferred revenue and customer deposits
85	82	87	83	74	71	67	50	48	45	-	-	-	29	-	-	-	-	-
Operating lease liabilities - current
29	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
-	-	2	2	1	1	1	1	1	1	-	-	-	1	-	-	-	-	-
Current liabilities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	35	-	-	-	-	-
Advances from Sponsor
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Current liabilities - Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0
Total current liabilities
313	320	301	287	276	269	243	158	147	155	2	1	-	172	-	-	-	0	-
Long-term debt
1,625	1,632	1,710	1,709	1,709	1,674	1,651	684	662	624	-	-	-	655	-	-	-	-	-
Notes due to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	677	-	-	-	-	-
Deferred tax liabilities
67	70	67	66	68	67	146	111	119	120	-	-	-	118	-	-	-	-	-
Deferred revenue and customer deposits
12	12	11	10	9	7	6	6	6	5	-	-	-	0	-	-	-	-	-
Operating lease liabilities - non-current
119	118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
38	34	37	37	33	31	19	19	19	19	-	-	-	11	-	-	-	-	-
Non-current liabilities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	-	-
Long-term liabilities
1,863	1,868	1,826	1,823	1,820	1,781	1,823	822	806	770	-	-	-	1,503	-	-	-	-	-
Deferred underwriting compensation
-	-	-	-	-	-	-	-	-	-	19	19	19	-	19	19	19	19	19
Total liabilities
2,176	2,188	2,127	2,111	2,096	2,050	2,066	980	954	926	21	20	19	1,676	19	19	19	19	20
Class A Ordinary shares subject to possible redemption; 47,428,415 shares and 47,702,674 shares at September 30, 2017 and December 31, 2016, respectively
-	-	-	-	-	-	-	-	-	-	474	477	477	-	476	476	476	476	476
Shareholders' equity:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0
Additional paid-in-capital
2,402	2,396	2,394	2,392	2,390	2,389	2,390	2,123	2,122	2,121	4	4	4	1,569	4	4	5	5	5
Accumulated other comprehensive loss
-89	-62	-68	-65	-66	-68	-52	-54	-51	-49	-	-	-	-56	-	-	-	-	-
Accumulated deficit
-1,692	-1,689	-1,703	-1,704	-1,693	-1,683	-1,673	-1,640	-1,640	-1,636	0	0	0	-1,489	0	0	-0	-0	-0
Total shareholders' equity
619	644	621	621	630	638	664	428	429	435	5	5	5	23	5	5	5	5	5
Non-controlling interest
61	64	62	62	63	63	66	48	48	48	-	-	-	0	-	-	-	-	-
Total equity
681	708	683	684	693	702	730	476	478	484	-	-	-	23	-	-	-	-	-
Total liabilities and equity
2,857	2,897	2,811	2,796	2,790	2,752	2,797	1,457	1,432	1,410	500	502	501	1,699	501	501	501	501	501
Class A Common Stock
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-
Par value (in USD per share)
-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock authorized (in shares)
-	-	-	-	-	400	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued (in shares)
-	-	-	-	-	108	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock outstanding (in shares)
-	-	-	-	-	108	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-
Par value (in USD per share)
-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock authorized (in shares)
-	-	-	-	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued (in shares)
-	-	-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock outstanding (in shares)
-	-	-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Class A [Member]
Total shareholders’ equity
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Common Class B [Member]
Total shareholders’ equity
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-