RESMED INC
For the period ended Dec 31, 2023. Filed Jan 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Jan 25, 2024
RMD$235.74+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Information Financial Statements Condensed Consolidated Balance Sheets (Unaudited)
| PART I – FINANCIAL INFORMATION | Item 1 |
|---|
Item 1. Financial Statements
Condensed Consolidated Balance Sheets (Unaudited)
(In US$ and in thousands, except share and per share data)
| December 31,2023 | June 30,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $210,247 | $227,891 |
| Accounts receivable, net of allowances of $21,822 and $23,603 at December 31, 2023 and June 30, 2023, respectively | 729,740 | 704,909 |
| Inventories (note 3) | 933,214 | 998,012 |
| Prepaid expenses and other current assets (note 3) | 504,876 | 437,018 |
| Total current assets | 2,378,077 | 2,367,830 |
| Non-current assets: | ||
| Property, plant and equipment, net (note 3) | 551,734 | 537,856 |
| Operating lease right-of-use assets | 153,473 | 127,955 |
| Goodwill (note 4) | 2,861,854 | 2,770,299 |
| Other intangible assets, net (note 3) | 528,178 | 552,341 |
| Deferred income taxes | 155,955 | 132,974 |
| Prepaid taxes and other non-current assets | 275,817 | 262,453 |
| Total non-current assets | 4,527,011 | 4,383,878 |
| Total assets | $6,905,088 | $6,751,708 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $202,395 | $150,756 |
| Accrued expenses | 332,136 | 365,660 |
| Operating lease liabilities, current | 24,057 | 21,919 |
| Deferred revenue | 148,897 | 138,072 |
| Income taxes payable | 46,690 | 72,224 |
| Short-term debt, net (note 7) | 9,898 | 9,902 |
| Total current liabilities | 764,073 | 758,533 |
| Non-current liabilities: | ||
| Deferred revenue | 127,410 | 119,186 |
| Deferred income taxes | 89,282 | 90,650 |
| Operating lease liabilities, non-current | 140,649 | 116,853 |
| Other long-term liabilities | 72,894 | 68,166 |
| Long-term debt, net (note 7) | 1,216,769 | 1,431,234 |
| Long-term income taxes payable | 12,157 | 37,183 |
| Total non-current liabilities | 1,659,161 | 1,863,272 |
| Total liabilities | 2,423,234 | 2,621,805 |
| Commitments and contingencies (note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, 2,000,000 shares authorized; none issued | — | — |
| Common stock, $0.004 par value, 350,000,000 shares authorized; 189,259,220 issued and 147,087,512 outstanding at December 31, 2023 and 188,900,583 issued and 147,064,349 outstanding at June 30, 2023 | 588 | 588 |
| Additional paid-in capital | 1,822,918 | 1,772,083 |
| Retained earnings | 4,539,963 | 4,253,016 |
| Treasury stock, at cost, 42,171,708 shares at December 31, 2023 and 41,836,234 shares at June 30, 2023 | (1,673,263) | (1,623,256) |
| Accumulated other comprehensive loss | (208,352) | (272,528) |
| Total stockholders’ equity | 4,481,854 | 4,129,903 |
| Total liabilities and stockholders’ equity | $6,905,088 | $6,751,708 |
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