LVB ACQUISITION, INC. Financial Statements (2024 and earlier)
Company Profile
| Business Address |
CORPORATION TRUST CENTER WILMINGTON, DE 19801 |
| State of Incorp. | IN |
| Fiscal Year End | May 31 |
| Industry (SIC) | 3842 - Orthopedic, Prosthetic, and Surgical Appliances and Supplies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 2/28/2015 MRQ | 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 248 | 356 | |||
| Cash and cash equivalents | 248 | 356 | |||
| Receivables | 577 | 532 | |||
| Inventory, net of allowances, customer advances and progress billings | 693 | 624 | |||
| Inventory | 693 | 624 | |||
| Prepaid expense and other current assets | ✕ | ✕ | 134 | ||
| Income taxes receivable | ✕ | 7 | |||
| Other undisclosed current assets | 353 | 120 | |||
| Total current assets: | 1,871 | 1,773 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 716 | 665 | |||
| Long-term investments and receivables | 13 | 23 | |||
| Long-term investments | 13 | 23 | |||
| Intangible assets, net (including goodwill) | 7,074 | 7,231 | |||
| Goodwill | 3,634 | 3,601 | |||
| Intangible assets, net (excluding goodwill) | 3,440 | 3,630 | |||
| Deferred costs | 73 | ||||
| Other noncurrent assets | 93 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 103 | ||
| Other undisclosed noncurrent assets | (73) | ||||
| Total noncurrent assets: | 7,896 | 8,022 | |||
| TOTAL ASSETS: | 9,767 | 9,795 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 357 | 318 | |||
| Employee-related liabilities | 169 | 150 | |||
| Accounts payable | 135 | 112 | |||
| Accrued liabilities | 53 | 56 | |||
| Debt | 266 | 81 | |||
| Other undisclosed current liabilities | 222 | 166 | |||
| Total current liabilities: | 845 | 564 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 5,587 | 5,926 | |||
| Long-term debt, excluding current maturities | 5,587 | 5,926 | |||
| Liabilities, other than long-term debt | 1,225 | 1,336 | |||
| Deferred tax liabilities, net | 969 | 1,130 | |||
| Other liabilities | 256 | 206 | |||
| Total noncurrent liabilities: | 6,812 | 7,262 | |||
| Total liabilities: | 7,657 | 7,826 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 2,109 | 1,969 | |||
| Common stock | 6 | 6 | |||
| Accumulated other comprehensive income (loss) | 39 | (6) | |||
| Accumulated deficit | (3,617) | (3,693) | |||
| Other undisclosed equity, attributable to parent | 5,682 | 5,662 | |||
| Total equity: | 2,109 | 1,969 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,767 | 9,795 | |||
Income Statement (P&L) ($ in millions)
| 2/28/2015 TTM | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|
| Revenues | 3,223 | 3,053 | ||
| Revenue, net | 3,223 | 3,053 | ||
| Cost of revenue | (1,040) | (997) | ||
| Gross profit: | 2,183 | 2,056 | ||
| Operating expenses | (1,958) | (2,169) | ||
| Other undisclosed operating income (loss) | 88 | (52) | ||
| Operating income (loss): | 313 | (165) | ||
| Nonoperating expense | (353) | (577) | ||
| Other nonoperating income (expense) | 3 | (178) | ||
| Interest and debt expense | (373) | (554) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 373 | 554 | ||
| Loss from continuing operations before income taxes: | (40) | (741) | ||
| Income tax benefit | 116 | 118 | ||
| Income (loss) from continuing operations: | 76 | (623) | ||
| Income (loss) before gain (loss) on sale of properties: | 76 | (623) | ||
| Net income (loss) available to common stockholders, diluted: | 76 | (623) | ||
Comprehensive Income ($ in millions)
| 2/28/2015 TTM | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|
| Net income (loss): | 76 | (623) | ||
| Other comprehensive income (loss) | 45 | (129) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 121 | (752) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.