FINANCIALS

ADDITIONAL INFORMATION US$

TEXTAINER GROUP HOLDINGS LIMITED AND SUBSIDIARIES

BALANCE SHEET AT 31 DECEMBER 2006

To supplement the information provided in the annual financial statements, a balance sheet and income statement extracted from the audited annual financial statements of Textainer (prepared in terms of US GAAP), is presented.

	2006	2005
		RESTATED
	US$M	US$M
ASSETS
CURRENT ASSETS
CASH AND CASH EQUIVALENTS	41,2	42,2
ACCOUNTS RECEIVABLE, NET OF ALLOWANCE FOR DOUBTFUL DEBTS OF US$2,3 MILLION AND US$2,2 MILLION IN 2006 AND 2005, RESPECTIVELY	41,3	42,2
NET INVESTMENT IN DIRECT FINANCE LEASES	6,2	4,4
CONTAINERS HELD FOR RESALE	4,0	4,3
PREPAID EXPENSES	2,0	2,0
DEFERRED INCOME TAXES, CURRENT	1,5	2,5
DUE FROM AFFILIATES, NET	–	0,1
TOTAL CURRENT ASSETS	96,2	97,7
NON-CURRENT ASSETS
RESTRICTED CASH	22,0	13,4
CONTAINERS, NET	763,6	722,6
NET INVESTMENT IN DIRECT FINANCE LEASES	36,0	28,6
FIXED ASSETS, NET	1,3	1,7
INTANGIBLE ASSETS, NET	18,0	–
DERIVATIVE INSTRUMENTS	4,0	4,6
OTHER ASSETS	4,2	4,3
TOTAL ASSETS	945,3	872,9
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	25,7	28,5
CONTAINER CONTRACTS PAYABLE	32,9	2,6
DAMAGE PROTECTION PLAN REPAIR COST RESERVE	8,6	8,2
DUE TO OWNERS, NET	6,6	6,0
BONDS PAYABLE	58,0	58,0
TOTAL CURRENT LIABILITIES	131,8	103,3
NON-CURRENT LIABILITIES
SECURED DEBT FACILITY	53,0	–
BONDS PAYABLE	430,2	488,2
DEFERRED INCOME TAXES, LONG-TERM	11,8	11,7
TOTAL LIABILITIES	626,8	603,2
MINORITY INTEREST	82,8	63,8
STOCKHOLDERS’ EQUITY	235,7	205,9
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	945,3	872,9

The use of this site and all the information on it and on any links is subject to a full disclaimer and exclusion of liability for any negligence, misrepresentation, misstatement or otherwise of Trencor Limited in relation thereto. Please click to view and read the terms of the disclaimer.