THE DESCARTES SYSTEMS GROUP INC.

THE DESCARTES SYSTEMS GROUP INC NC.
CONSOLIDATED BALANCE SHEETS
(US DOLLARS IN THOUSANDS; US GAAP)
ASSETS
CURRENT ASSETS
Cash and cash equivalents (Note 4)
Short-term investments (Note 4)
Accounts receivable (net)
Trade (Note 5)
Other
Prepaid expenses and other
Deferred income taxes (Note 17)
Deferred tax charge
CAPITAL ASSETS (Note 8)
GOODWILL (Note 9)
INTANGIBLE ASSETS (Note 10)
DEFERRED INCOME TAXES (Note 17)
DEFERRED TAX CHARGE
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable
Accrued liabilities (Note 11)
Income taxes payable (Note 17)
Deferred revenue
Other liabilities
DEFERRED REVENUE
INCOME TAX LIABILITY (Note 17)
DEFERRED INCOME TAXES (Note 17)
OTHER LIABILITIES
COMMITMENTS, CONTINGENCIES AND GUARANTEES (Note 112)
SHAREHOLDERS’ EQUITY
Common shares – unlimited shares authorized; Shares issued and outstanding totaled 61, 61,741,702 at
January 31, 2011 ( January 31, 2010 – 61,410,877 410,877) (Note 13)
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
The accompanying notes are an integral part of these consolidated financial statements.
Approved by the Board:
J. Ian Giffen Stephen Watt
Director Director
44
January 31, January 31,
2011 2010
69,644 89,554
- 5,071
14,417 9,840
3,967 2,231
1,968 1,146
11,457 4,414
197 197
101,650 112,453
7,309 5,482
56,742 34,456
40,703 21,058
34,667 34,346
198 395
241,269 208,190
4,992 2,603
11,342 7,509
471 975
6,310 5,454
67 -
23,182 16,541
1,665 1,172
2,468 2,605
8,267 -
172 -
35,754 20,318
88,148 86,609
452,300 451,591
1,822 (2,034)
(336,755) (348,294)
205,515 187,872
241,269 208,190