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2016 2015
<br />Assets
<br />Current assets:
<br />Cash and cash equivalents 67,963$71,997$
<br />Restricted cash 214 258
<br />Accounts receivable, net 298,564 280,846
<br />Unbilled revenue 40,250 30,359
<br />Inventories 31,976 33,009
<br />Prepaid income taxes 23,169 15,721
<br />Other current assets 27,184 30,941
<br />Total current assets 489,320 463,131
<br />Property and equipment, net 247,506 250,222
<br />Intangible assets, net 451,523 583,085
<br />Goodwill 1,667,114 1,667,114
<br />Restricted investments and other assets 35,175 11,010
<br />Total assets 2,890,638$2,974,562$
<br />Liabilities and Shareholders' Equity
<br />Current liabilities:
<br />Accounts payable 85,240$68,967$
<br />Long-term debt - current portion 17,545 15,350
<br />Deferred revenue 52,429 60,536
<br />Self-insurance reserves - current portion 38,270 27,289
<br />Accrued expenses and other current liabilities 115,246 117,713
<br />Total current liabilities 308,730 289,855
<br />Long-term debt, net 1,595,855 1,600,815
<br />Deferred tax liabilities 158,465 201,227
<br />Long-term portion of self- insurance reserves 64,338 50,007
<br />Other liabilities 58,044 49,804
<br />Total liabilities 2,185,432 2,191,708
<br />Shareholders' equity:
<br />Class A voting common stock, $.01 par value; 185,000 shares authorized;
<br /> 180,192 and 183,123 shares, respectively, issued and outstanding 1,802 1,831
<br />Paid-in capital 890,323 915,911
<br />Accumulated deficit (164,060) (111,696)
<br />Accumulated other comprehensive loss (22,859) (23,192)
<br />Total shareholders' equity 705,206 782,854
<br />Total liabilities and shareholders' equity 2,890,638$2,974,562$
<br />BrightView Acquisition Holdings, Inc.
<br />Consolidated Balance Sheets
<br />(in thousands)
<br />December 31,
<br />The accompanying notes are an integral part of the consolidated financial statements.
<br />2
<br />Confidential
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