Summary of 2007 K-10 Financial Report of The Estee Lauder Companies Inc.
The Estee Lauder Companies Inc. is a manufacturer and marketer of skin care, makeup, fragrance, and hair care products. The company sales these products through limited distribution channels consisting of over 20,000 points of sale in upscale department stores, perfumeries, pharmacies, and salons.
At the end of fiscal 2007 (June 30th), The Estee Lauder Companies Inc. held current assets including cash and cash equivalents; accounts receivables; inventory and promotional merchandise; prepaid expenses and other current assets. The company held fixes assets including property; plants; and equipment. The Estee Lauder Companies Inc. also held investments at cost or market value; Goodwill; intangible and other assets. The company’s assets totaled $4,125.7 million.
At the end of fiscal 2007 (June 30th), The Estee Lauder Companies Inc. had a long term debt of $1,404.7 million and a total stockholder’s equity of $1,199.0 million. The company’s total comprehensive income was $496.5 million. The long term debt of The Estee Lauder Companies Inc. was with $205.7 million more compared to the company’s equity and with $908.2 million more compared to the company’s income.
In fiscal 2006 The Estee Lauder Companies Inc. recorded charges of $80.3 million to discounted operations and sold cretin assets and to Stila Corporation. The stockholder’s equity at the end of fiscal 2006 was greater than the one of 2007 and the long term debt of 2006 was with $706.5 million less compared to the ...