1500 Thu 3 Bristow Group - Jefferies

Gross Operating Asset Presentation
(in millions)
Adjusted Gross Operating Assets Reconciliation Q2 FY12 Q2 FY13
Total Assets 2,700 2,785
Accumulated Depreciation 465 464
Capitalized Operating Leases 129 225
Cash and Cash Equivalents (140) (348)
Investment in Unconsolidated Entities (202) (215)
Goodwill (29) (30)
Intangibles (6) (4)
Assets Held for Sale: Net (32) (20)
Assets Held for Sale: Gross 75 83
Adj. for gains & losses on assets sales 34 120
Accounts Payable (47) (56)
Accrued Maintenance and Repairs (14) (19)
Other Accrued Taxes (5) (8)
Accrued Wages, Benefits and Related Taxes (35) (45)
Other Accrued Liabilities (20) (27)
Income Taxes Payable (14) (13)
Deferred Revenue (12) (13)
ST Deferred Taxes (7) (15)
LT Deferred Taxes (145) (144)
Adjusted Gross Operating Assets before Lider $2,696 $2,723
Adjusted Gross Operating Assets-Lider proportional 212 199
Adjusted Gross Operating Assets after Lider $2,907 $2,922
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