strategic-management

CASE 15 • NATIONAL RAILROAD PASSENGER CORPORATION (AMTRAK) — 2009 155
EXHIBIT 3 National Railroad Passenger Corporation and Subsidiaries (Amtrak)—continued
Consolidated Balance Sheets
2008 2007 2006 2005
Total Current Assets $ 637,227.00 $604,860.00 $ 494,253.00 $ 455,223.00
Property and Equipment
Locomotives $ 1,365,541.00 $ 1,405,200.00 $ 1,517,231.00 $ 1,500,447.00
Passenger cars and other rolling stock $ 2,642,830.00 $ 2,650,963.00 $ 2,796,359.00 $ 2,851,008.00
Right-of-way and other properties $ 8,693,663.00 $ 8,363,818.00 $ 8,080,656.00 $ 8,302,136.00
Leasehold improvements $ 331,314.00 $ 310,503.00 $ 301,277.00 $ 229,574.00
Property and equipment—gross $13,033,348.00 $12,730,484.00 $12,695,523.00 $12,883,165.00
Less—Accumulated depreciation
and amortization -$ 4,592,516.00 -$ 4,424,569.00 -$ 4,495,937.00 -$ 4,808,414.00
Total Property and Equipment, Net $ 8,440,832.00 $ 8,305,915.00 $ 8,199,586.00 $ 8,074,751.00
Other Assets, Deposits, and
Deferred Charges
Escrowed proceeds on sale-leasebacks $ 894,752.00 $ 874,744.00 $ 862,940.00 $ 853,631.00
Deferred charges, deposits, and other $ 327,057.00 $ 379,942.00 $ 359,508.00 $ 363,846.00
Total other assets, deposits, and
deferred charges $ 1,221,809.00 $ 1,254,686.00 $ 1,222,448.00 $ 1,217,477.00
Total assets $10,299,868.00 $10,165,461.00 $ 9,916,287.00 $ 9,747,451.00
Liabilities and Capitalization
Current Liabilities
Accounts Payable
Accrued expenses and other current
$ 217,681.00 $ 207,776.00 $ 199,430.00 $ 213,114.00
liabilities $ 647,523.00 $ 537,054.00 $ 481,678.00 $ 481,072.00
Deferred ticket revenue
Current maturities of long-term debt
$ 111,758.00 $ 82,167.00 $ 73,402.00 $ 68,750.00
and capital lease obligations $ 146,864.00 $ 132,852.00 $ 143,577.00 $ 138,434.00
Total Current Liabilities
Long-Term Debt and Capital Lease
Obligations
$ 1,123,826.00 $ 959,849.00 $ 898,087.00 $ 901,370.00
Capital lease obligations $ 2,782,771.00 $ 2,851,761.00 $ 2,994,144.00 $ 3,118,170.00
Mortgages $ 212,955.00 $ 227,510.00 $ 240,805.00 $ 252,950.00
Equipment and other debt
Total long-term debt and capital
$ 56,690.00 $ 92,657.00 $ 114,576.00 $ 154,331.00
lease obligations
Other Liabilities and
Deferred Credits
Deferred federal and state capital
$ 3,052,416.00 $ 3,171,928.00 $ 3,349,525.00 $ 3,525,451.00
payments $ 752,279.00 $ 701,357.00 $ 591,782.00 $ 509,441.00
Casualty reserves $ 195,186.00 $ 212,469.00 $ 223,319.00 $ 185,603.00
Deferred gain on sale-leasebacks net
Postretirement employee benefits
$ 262,222.00 $ 305,462.00 $ 400,116.00 $ 439,762.00
obligation $ 566,760.00 $ 620,152.00 $ 325,989.00 $ 281,562.00
Environmental reserve $ 62,342.00 $ 63,500.00 $ 67,014.00 $ 56,102.00
Other
Total Other Liabilities and
$ 67,508.00 $ 177,996.00 $ 17,858.00 $ 18,100.00
Deferred Credits $ 1,906,297.00 $ 2,080,936.00 $ 1,626,078.00 $ 1,490,570.00
Total Liabilities $6,082,539.00 $6,212,713.00 $5,873,690.00 $5,917,391.00
continued