Inc. Case 5.3 Facebook, The following excerpts are from the 2013 Form 10-K of Facebook, Inc.1 FACEBOOK, INC. CONSOLIDATED BALANCE SHEETS In millions, excapt for mumber of shares and par palue December 31, 2013 2012 Assets Current assets: s 3,323 8,126 $ 2,384 7,242 Cash and cash equivalents Marketable securities Accounts receivable, net of allowances for doubtful accounts of $38 and $22 as of December 31, 2013 and December 31, 2012, respectively Income tax refundable Prepaid expenses and other current assets 1,109 51 461 13,070 2,882 1,722 221 719 451 Total current assets Property and equipment, net Goodwill and intangible assets, net Other assets Total assets Liabilities and stockholders' equity Current liabilities: 11,267 2.391 1,388 57 $17. Accounts payable Developer partners payable Accrued expenses and other current liabilities Deferred revenue and deposits Current portion of capital lease obligations $ 87 181 S 65 169 423 30 365 1,052 491 1,500 305 3348 38 239 1,100 237 Total current liabilities Capital lease obligations, less current portion Long-term debt Other liabilities 1,088 2425 Total liabilities Commitments and contingencies Inc. Case 5.3 Facebook, The following excerpts are from the 2013 Form 10-K of Facebook, Inc.1 FACEBOOK, INC. CONSOLIDATED BALANCE SHEETS In millions, excapt for mumber of shares and par palue December 31, 2013 2012 Assets Current assets: s 3,323 8,126 $ 2,384 7,242 Cash and cash equivalents Marketable securities Accounts receivable, net of allowances for doubtful accounts of $38 and $22 as of December 31, 2013 and December 31, 2012, respectively Income tax refundable Prepaid expenses and other current assets 1,109 51 461 13,070 2,882 1,722 221 719 451 Total current assets Property and equipment, net Goodwill and intangible assets, net Other assets Total assets Liabilities and stockholders' equity Current liabilities: 11,267 2.391 1,388 57 $17. Accounts payable Developer partners payable Accrued expenses and other current liabilities Deferred revenue and deposits Current portion of capital lease obligations $ 87 181 S 65 169 423 30 365 1,052 491 1,500 305 3348 38 239 1,100 237 Total current liabilities Capital lease obligations, less current portion Long-term debt Other liabilities 1,088 2425 Total liabilities Commitments and contingencies