strategic-management

268 RANDY HARRIS
EXHIBIT 9 Nike’s Recent Balance Sheets
(all numbers in thousands)
Period Ending 31-May-09 31-May-08 31-May-07
Assets
Current Assets
Cash and Cash Equivalents $ 2,291,100 2,133,900 1,856,700
Short Term Investments 1,164,000 642,200 990,300
Net Receivables 3,156,300 3,022,500 2,714,400
Inventory 2,357,000 2,438,400 2,121,900
Other Current Assets 765,600 602,300 393,200
Total Current Assets 9,734,000 8,839,300 8,076,500
Long Term Investments — — —
Property Plant and Equipment 1,957,700 1,891,100 1,678,300
Goodwill 193,500 448,800 130,800
Intangible Assets 467,400 743,100 409,900
Accumulated Amortization — — —
Other Assets — — —
Deferred Long Term Asset Charges 897,000 520,400 392,800
Total Assets $ 13,249,600 12,442,700 10,688,300
Liabilities
Current Liabilities
Accounts Payable 3,245,000 2,200,200 2,553,500
Short/Current Long Term Debt 32,000 179,600 30,500
Other Current Liabilities — 941,700 —
Total Current Liabilities 3,277,000 3,321,500 2,584,000
Long Term Debt 437,200 441,100 409,900
Other Liabilities — — —
Deferred Long Term Liability Charges 842,000 854,500 668,700
Minority Interest — — —
Negative Goodwill — — —
Total Liabilities 4,556,200 4,617,100 3,662,600
Stockholders’ Equity
Misc Stocks Options Warrants — — —
Redeemable Preferred Stock 300 300 300
Preferred Stock — — —
Common Stock 2,800 2,800 2,800
Retained Earnings 5,451,400 5,073,300 4,885,200
Treasury Stock — — —
Capital Surplus 2,871,400 2,497,800 1,960,000
Other Stockholders’ Equity 367,500 251,400 177,400
Total Stockholders’ Equity 8,693,100 7,825,300 7,025,400
Total Liabilities and SE $ 13,249,600 12,442,700 10,688,300
Source: Nike’s 2009 Form 10K.