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10-Q
KOPPERS HOLDINGS INC. filed this Form 10-Q on 11/09/2017
Entire Document
 

 

Condensed Consolidating Balance Sheet

September 30, 2017

 

 

 

Parent

 

 

Koppers Inc.

 

 

Domestic

Guarantor

Subsidiaries

 

 

Non-Guarantor

Subsidiaries

 

 

Consolidating

Adjustments

 

 

Consolidated

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

50.2

 

 

$

0.0

 

 

$

50.2

 

Receivables, net

 

 

0.0

 

 

 

56.1

 

 

 

34.3

 

 

 

93.8

 

 

 

0.0

 

 

 

184.2

 

Affiliated receivables

 

 

0.0

 

 

 

16.4

 

 

 

0.0

 

 

 

9.7

 

 

 

(26.1

)

 

 

0.0

 

Inventories, net

 

 

0.0

 

 

 

79.5

 

 

 

41.7

 

 

 

107.9

 

 

 

(2.5

)

 

 

226.6

 

Other current assets

 

 

0.0

 

 

 

7.3

 

 

 

22.5

 

 

 

23.0

 

 

 

0.2

 

 

 

53.0

 

         Total current assets

 

 

0.0

 

 

 

159.3

 

 

 

98.5

 

 

 

284.6

 

 

 

(28.4

)

 

 

514.0

 

Equity investments

 

 

108.3

 

 

 

801.1

 

 

 

254.4

 

 

 

0.0

 

 

 

(1,163.8

)

 

 

0.0

 

Property, plant and equipment, net

 

 

0.0

 

 

 

145.1

 

 

 

46.7

 

 

 

120.5

 

 

 

0.0

 

 

 

312.3

 

Goodwill

 

 

0.0

 

 

 

0.8

 

 

 

153.1

 

 

 

34.7

 

 

 

0.0

 

 

 

188.6

 

Intangible assets, net

 

 

0.0

 

 

 

7.7

 

 

 

104.4

 

 

 

21.4

 

 

 

0.0

 

 

 

133.5

 

Deferred tax assets

 

 

0.0

 

 

 

25.3

 

 

 

(11.3

)

 

 

6.0

 

 

 

0.0

 

 

 

20.0

 

Affiliated loan receivables

 

 

0.0

 

 

 

34.9

 

 

 

224.3

 

 

 

21.4

 

 

 

(280.6

)

 

 

0.0

 

Other assets

 

 

0.0

 

 

 

3.5

 

 

 

0.7

 

 

 

8.3

 

 

 

0.0

 

 

 

12.5

 

         Total assets

 

$

108.3

 

 

$

1,177.7

 

 

$

870.8

 

 

$

496.9

 

 

$

(1,472.8

)

 

$

1,180.9

 

LIABILITIES AND EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable

 

 

0.1

 

 

 

51.9

 

 

 

36.6

 

 

 

44.6

 

 

 

0.0

 

 

 

133.2

 

Affiliated payables

 

 

0.0

 

 

 

8.1

 

 

 

4.0

 

 

 

14.7

 

 

 

(26.8

)

 

 

0.0

 

Accrued liabilities

 

 

0.0

 

 

 

47.2

 

 

 

13.0

 

 

 

48.0

 

 

 

0.0

 

 

 

108.2

 

Current maturities of long-term debt

 

 

0.0

 

 

 

0.1

 

 

 

0.0

 

 

 

12.7

 

 

 

0.0

 

 

 

12.8

 

         Total current liabilities

 

 

0.1

 

 

 

107.3

 

 

 

53.6

 

 

 

120.0

 

 

 

(26.8

)

 

 

254.2

 

Long-term debt

 

 

0.0

 

 

 

662.6

 

 

 

0.0

 

 

 

25.4

 

 

 

0.0

 

 

 

688.0

 

Affiliated debt

 

 

0.0

 

 

 

233.7

 

 

 

19.3

 

 

 

27.6

 

 

 

(280.6

)

 

 

0.0

 

Other long-term liabilities

 

 

0.0

 

 

 

64.8

 

 

 

13.9

 

 

 

46.9

 

 

 

0.0

 

 

 

125.6

 

         Total liabilities

 

 

0.1

 

 

 

1,068.4

 

 

 

86.8

 

 

 

219.9

 

 

 

(307.4

)

 

 

1,067.8

 

Koppers shareholders’ equity

 

 

108.2

 

 

 

109.3

 

 

 

784.0

 

 

 

272.2

 

 

 

(1,165.4

)

 

 

108.3

 

Noncontrolling interests

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

4.8

 

 

 

0.0

 

 

 

4.8

 

         Total liabilities and equity

 

$

108.3

 

 

$

1,177.7

 

 

$

870.8

 

 

$

496.9

 

 

$

(1,472.8

)

 

$

1,180.9

 

 

25