HRG GROUP, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions, except per share and share amounts)
| | | | | | | | | | September 30, | | 2016 | | 2015 | ASSETS | | | | Cash and cash equivalents | $ | 497.3 |
| | $ | 661.2 |
| Funds withheld receivables (Note 8) | 1,650.4 |
| | 1,710.1 |
| Receivables, net (Note 9) | 556.3 |
| | 613.9 |
| Inventories, net (Note 10) | 740.6 |
| | 780.8 |
| Deferred tax assets (Note 19) | 42.6 |
| | 56.7 |
| Property, plant and equipment, net (Note 11) | 543.4 |
| | 509.5 |
| Goodwill (Note 12) | 2,478.4 |
| | 2,487.4 |
| Intangibles, net (Note 12) | 2,372.5 |
| | 2,480.3 |
| Other assets (Note 13) | 172.6 |
| | 412.0 |
| Assets of business held for sale (Note 4) | 26,738.7 |
| | 24,976.5 |
| Assets of discontinued operations (Note 4) | — |
| | 343.1 |
| Total assets | $ | 35,792.8 |
| | $ | 35,031.5 |
| | | | | LIABILITIES AND EQUITY | | | | Insurance reserves | $ | 1,751.3 |
| | $ | 1,856.0 |
| Debt (Note 15) | 5,430.9 |
| | 5,984.6 |
| Accounts payable and other current liabilities (Note 14) | 989.8 |
| | 1,062.0 |
| Employee benefit obligations (Note 17) | 125.4 |
| | 92.9 |
| Deferred tax liabilities (Note 19) | 546.0 |
| | 574.5 |
| Other liabilities | 32.0 |
| | 56.3 |
| Liabilities of business held for sale (Note 4) | 25,100.2 |
| | 23,418.5 |
| Liabilities of discontinued operations (Note 4) | — |
| | 398.6 |
| Total liabilities | 33,975.6 |
| | 33,443.4 |
| | | | | Commitments and contingencies (Note 22) |
| |
| | | | | HRG Group, Inc. shareholders' equity (Note 16): | | | | Common stock, $0.01 par; 500,000.0 thousand shares authorized; 200,789.1 thousand and 201,383.8 thousand shares issued and outstanding at September 30, 2016 and 2015, respectively. | 2.0 |
| | 2.0 |
| Additional paid-in capital | 1,447.1 |
| | 1,458.5 |
| Accumulated deficit | (1,031.9 | ) | | (833.1 | ) | Accumulated other comprehensive income (loss) | 220.9 |
| | (40.7 | ) | Total HRG Group, Inc. shareholders' equity | 638.1 |
| | 586.7 |
| Noncontrolling interest | 1,179.1 |
| | 1,001.4 |
| Total shareholders' equity | 1,817.2 |
| | 1,588.1 |
| Total liabilities and equity | $ | 35,792.8 |
| | $ | 35,031.5 |
|
See accompanying notes to consolidated financial statements.
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