rct-abercrombie & fitch
rct-abercrombie & fitch rct-abercrombie & fitch
Part D. Accounting Policies •Revenue recognition: The Company recognizes retail sales at the time the customer takes possession of the merchandize . Direct to customer sales are recorded upon customer receipt of merchandize. •Inventories: principally valued at the lower than average cost or market utilizing the retail method. •Property and equipment: are computed on a straight line basis, using service lives. •Income taxes: are calculated in accordance with SFAS No. 109 “Accounting for income taxes” which requires the use of asset and liability method. Abercrombie & Fitch
• Notes to the financial statements: 1. Basis of presentation 2. Summary of significant accounting policies 3. Recently issued accounting pronouncements 4. Share based compensation 5. Cash and equivilents and investments 6. Fair value 7. Property and equipment 8. Deferred lease credits, Net 9. Leased facilities and commitments 10. Accrued expenses 11. Other liabilities 12. Income taxes 13. Debt 14. Derivatives 15. Retirement benefits 16. Contingencies 17. Prefered stoch purchase rights 18. Quaterly financial data 19. Subsequent event
- Page 1 and 2: Annual Report Abercrombie & Fitch C
- Page 3 and 4: Part A. Introduction • Mike Jeffr
- Page 5 and 6: Part A. Stock Market Information
- Page 7 and 8: Part C. Income Statement •Abercro
- Page 9: Part C. Statement of Cash Flows •
- Page 13 and 14: Part E. Financial Analysis Profitab
- Page 15: Part E. Financial Analysis Market S
• Notes to the financial<br />
statements:<br />
1. Basis of presentation<br />
2. Summary of significant<br />
accounting policies<br />
3. Recently issued accounting<br />
pronouncements<br />
4. Share based compensation<br />
5. Cash and equivilents and<br />
investments<br />
6. Fair value<br />
7. Property and equipment<br />
8. Deferred lease credits, Net<br />
9. Leased facilities and<br />
commitments<br />
10. Accrued expenses<br />
11. Other liabilities<br />
12. Income taxes<br />
13. Debt<br />
14. Derivatives<br />
15. Retirement benefits<br />
16. Contingencies<br />
17. Prefered stoch purchase rights<br />
18. Quaterly financial data<br />
19. Subsequent event
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