CLARIVATE PLC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
CLVT$2.39+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| (in millions) | 2023 | 2022 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents, including restricted cash | $370.7 | $356.8 |
| Accounts receivable, net | 908.3 | 872.1 |
| Prepaid expenses | 88.5 | 89.4 |
| Other current assets | 68.0 | 76.9 |
| Assets held for sale | 26.7 | — |
| Total current assets | 1,462.2 | 1,395.2 |
| Property and equipment, net | 51.6 | 54.5 |
| Other intangible assets, net | 9,006.6 | 9,437.7 |
| Goodwill | 2,023.7 | 2,876.5 |
| Other non-current assets | 60.8 | 97.9 |
| Deferred income taxes | 46.7 | 24.2 |
| Operating lease right-of-use assets | 55.2 | 58.9 |
| Total assets | $12,706.8 | $13,944.9 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $144.1 | $101.4 |
| Accrued compensation | 126.5 | 132.1 |
| Accrued expenses and other current liabilities | 315.2 | 353.1 |
| Current portion of deferred revenues | 983.1 | 947.5 |
| Current portion of operating lease liability | 24.4 | 25.7 |
| Liabilities held for sale | 6.7 | — |
| Total current liabilities | 1,600.0 | 1,559.8 |
| Long-term debt | 4,721.1 | 5,005.0 |
| Non-current portion of deferred revenues | 38.7 | 38.5 |
| Other non-current liabilities | 41.9 | 140.1 |
| Deferred income taxes | 249.6 | 316.1 |
| Operating lease liabilities | 63.2 | 72.9 |
| Total liabilities | 6,714.5 | 7,132.4 |
| Commitments and contingencies (Note 17) | ||
| Shareholders' equity: | ||
| Preferred Shares, no par value; 14.4 shares authorized; 5.25% Mandatory Convertible Preferred Shares, Series A, 14.4 shares issued and outstanding as of both December 31, 2023 and December 31, 2022 | 1,392.6 | 1,392.6 |
| Ordinary Shares, no par value; unlimited shares authorized; 666.1 and 674.4 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively | 11,740.5 | 11,744.7 |
| Accumulated other comprehensive loss | (495.3) | (665.9) |
| Accumulated deficit | (6,645.5) | (5,658.9) |
| Total shareholders' equity | 5,992.3 | 6,812.5 |
| Total liabilities and shareholders' equity | $12,706.8 | $13,944.9 |
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