The annual report of the Columbia Sportswear Company is presented in Appendix A at the end of this book. What was the gross amount of Accounts Receivables at the end of 2017?

Appendix A Columbia Sportswear Company FINANCIAL STATEMENTS A-3 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS (in thousands) ASSETS December 31 1. d e on Assets 2017 2016 Cash and cash equivalents (Note 20) Short-term investments (Note 20) Accounts receivable, net (Note 5) S Leventories id Prepaid expenses and other current assets Total current assets yer, plant, and equipment, net (Note 6) ponible assets, net (Note 7) odmill (Note 7) ered income taxes (Note 10) her concurrent assets Total assets 673.166 S 94.983 364,862 457.927 58.559 1,649,497 281,394 129,555 68,594 56,804 27.058 2,212,902 S 551,389 472 333,678 487.997 38,487 1,412,023 279.650 133,438 68,594 92,494 27,695 2,013,894 S S 252,301 182.228 19,107 453,636 LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 9) Income taxes payable (Note 10) Total current liabilities Note payable to related party (Note 21) Other long-term liabilities (Notes 11, 12) Income taxes payable (Note 10) Deferred inconi taxes (Note 10) Total liability Commitments and concies (Note 13) Stureholders' Equity Preferred stock: 0.000 shares authorized: none issued and outstanding Common stock (no par value): 125,000 shares authorized: 69,995 and 69,873 issued and outstanding (Note 14) Retained earnings Accumulated other comprehensive loss (Note 17) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 4) 215,048 142,158 5,645 362,851 14.053 42,622 12.710 147 432,383 48,733 58,104 168 560,643 45,829 1,585,009 (8.887) 1,621,951 30,308 1,652.259 2,212,902 53,801 1.529,636 (22,617) 1,560,820 20,691 1,581,511 Total equity Total liabilities and equity $ $ 2,013,894 See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company FINANCIAL STATEMENTS COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) December 31, 2017 2010 ASSETS Current Assets: S $ 673.166 94.983 364,862 457,927 58,559 - 1.649,497 281,394 129,355 68,594 56,804 27.058 212.902 351.389 472 333.678 487,997 38,487 1,412,023 279.650 133.438 68,594 92,494 27,695 2,013,894 S Cash and cash equivalents (Note 20) Short-term investments (Note 20) Accounts receivable, net (Note 5) Inventories Prepaid expenses and other current assets Total current assets Property, plant, and equipment, net (Note 6) Intangible assets, net (Note 7) Goodwill (Note 7) Deferred income taxes (Note 10) Other non-current assets Total assets LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 9) Income taxes payable (Note 10) Total current liabilities Note payable to related party (Note 2) Other long-term liabilities (Noten !l. Income taxes payable (Note 10) Deferred income taxes (Note 10) Total liabilities Commitments and contingencies (Note 13) Shareholders Equity Preferred stock; 10,000 shares authorized: none issued and outstanding Common stock (no par value); 125,000 shares authorized; 69,995 and 69.873 issued and outstanding (Note 14) Retained earnings Accumulated other comprehensive loss (Note 17) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 4) Total equity Total liabilities and equity 252,301 182.228 19.107 453,636 215.048 142.158 5.645 362,851 14,053 42,622 48,735 58,104 168 12,710 500.643 432,383 45,829 1,585,009 (8,887) 1.621,951 30,308 1,652,259 2,212,902 53,801 1.529,636 (22,617) 1,560,820 20,691 1.581.511 2.013.894 See accompanying notes to consolidated financial statements A-4 Appendix A Columbia Sportswear Company COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) Year Ended December 31, 2016 Cash 2017 2015 2,466,105 1,306,143 2,326,180 1.252.680 139,962 Net sales Cost of sales Gross profit Selling, general and administrative expenses Net licensing income Income from operations Interest income, net Interest expense on note payable to related party (Note 21 Odhe non-operating expense Incarne before income tax Income tax expense (Note 10) Net inom Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable to Columbia Sportswear Company (Noto 19): Basic 910,894 13,901 262.969 4,515 (429) (321) 266,734 (154,419) 2.377.045 1,266,697 1.110,348 864.084 10.244 256,508 2.003 (1.041) (572) 256,898 (58,459) 198,439 6,541 191,898 1.073,500 831,971 8,192 249,721 1,531 (1,099) (2,834) 247.319 (67.468) 179.851 5,514 174,337 112,315 7,192 105,123 Dilated 5 1.50 1.49 2.75 2.72 2.43 2.45 Weighted average shares outstanding (Note 16): Basic Diluted 69,759 70,453 69.683 70,162 71.064 70,632 See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company A-5 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS in thousands) from operating activities: 31. 2017 Yew Teded December 31, 2016 2015 2015 preciation amortization concile net income to net cash provided by operating activities 112,3155 2,326,180 1.252.680 1.073,500 831.971 198,439 S 179.851 termedi posal or impairment of property, plant, and equipment 4 income 61,016 4,805 8,192 taxes Sast-based compensation stax benefit from employee stock plans Onges in operating assets and liabilities: 59,945 1,927 44,851 11,286 56,521 5,098 (11,709) (19.178) 10.986 11,672 counts Accounts receivable 249,721 1,531 (1,099) (2.834) 247,319 (67.468) 179,851 5,514 174,337 Inventories Prepaid expenses and other current assets (24,197) 36,710 Crear Obter assets Accounts payable Accrued liabilities (5.452) (5.948) 46,662 (19.241) 931 30,568 11,581 58,702 3,798 341,128 (40,4191 103,296) 4.411 (2,524) 11,418 (2,017) (10,994) 4,966 95.105 2.48 "come taxes payable Other liabilities Net cash provided by operating activities nad from investing activities: 4,847 4.768 2.468 275,167 70,162 71,064 ats of short-term investments stort-term investments alexpenditures und from sale of property, plant, and equipment Net cash used in investing activities In from financing activities: (130,993) 36,282 (53,352) 219 (147.784) (21.263) 21,263 (49.987) 97 (49,890) (38,2081 64,980 (69.917) (43.000) 3,374 (3.374) 19,946 62,885 (64,825) Som credit facilities pets on credit facilities unds from issuance of common stock under employee stock plans Wyrteats related to restricted stock unit issuances star benefit from employee stock plans 53.429 (51.479) 17.442 (4.895) 13.167 (3,662) (5.117) 2012 (35,542) case of common stock (11) (48,122) .909) (70,068) (43,5471 hdvidends paid tent of related party note payable (14,236) 84.403) 04.03 191.245 Net cash used in financing activities 12,836 (4,647) 121,777 (42,023) (1.635) 181.619 369,770 551,389 Verchange rate changes on cash le decrease) in cash and cash equivalents Mash equivalents, beginning of year ab equivalents, end of year 551,389 673.156 413,558 369.770 81,045 S 685 70,424 $ 1,049 disclosures of cash flow information: during the year for income taxes 87.350 1,115 note payable to related party paid during the year for interest 3,188 2.710 al disclosures of non-cash Investing activities: penditures incurred but not yet paid See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company A-6 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF EQUITY (In thousands) Columbia Sportswear Company Shareholders' Equity Rets Common Stock Shares Outstanding Amount Larnings 69,828 72.700S 1.255,070 174,337 Accumulated Other Comprehensive Income (Loss) 15,833 Total Non-Controlling Interest S 11,631 5,514 BALANCE, JANUARY 1, 2015 1355.234 179.851 (6) (2.908) (3,755) (2.905 (34.887) (43,547) 835 12.547 7.925 18.347 12,547 7,925 11,672 (1.386) 69,277 11,672 (70,068) 34,776 (20,836) Not income Other comprehensive loss Unrealized holding losses on available for sale securities, net Unrealized holding losses on derivative transactions, bet Foreign currency translation adjustment, net Cash dividends (90.62 per share Issuance of common stock under employee slock plans, not .. Tax adjustment from stock plans Stock-based compensation exponse Repurchase of common stock BALANCE. DECEMBER 31, 2015 Norin Net income Other comprehensive income foss): Unrealized holding losses on available for sale securities, net Uncalived holding gains an derivative transactions, net Foreign currency translation adjustment, net Cash dividenda 150.69 per share) Issuance of common stock under employee stock plans, net Stock-based compensation expense Repurchase of common stock BALANCE, DECEMBER 31, 2016 Net income 1.385,860 191.1998 16,013 6,541 70.063) 1,415,813 198,439 12) 686 157 343 (2,465) (2,020) 4,485) 148,122) 596 8,050 10,985 8050 10.985 69,873 33,801 1.529,636 (22,617) 20,691 105,123 1,581.511 112,315 7,192 1.159 (516) (17,489) 31,219 f16.846) 4,161 2.941 Other comprehensive income fosse urealized holding Jassen derivative transactions, niet Foreign currency translation adjustment, net Case dividends (50.13 per share) Issuance of common stock under entployee stock plans, et Stock-based compensation experime Repurchase of common stock BALANCE, DECEMBER 31, 2017 (50,909) 16.284 (50,9091 16,284 11,286 (665) 69,995 (35,542) 45.829 11,286 35,542 1,585,009 $ (8,887) 30,308 See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company FINANCIAL STATEMENTS A-3 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS (in thousands) ASSETS December 31 1. d e on Assets 2017 2016 Cash and cash equivalents (Note 20) Short-term investments (Note 20) Accounts receivable, net (Note 5) S Leventories id Prepaid expenses and other current assets Total current assets yer, plant, and equipment, net (Note 6) ponible assets, net (Note 7) odmill (Note 7) ered income taxes (Note 10) her concurrent assets Total assets 673.166 S 94.983 364,862 457.927 58.559 1,649,497 281,394 129,555 68,594 56,804 27.058 2,212,902 S 551,389 472 333,678 487.997 38,487 1,412,023 279.650 133,438 68,594 92,494 27,695 2,013,894 S S 252,301 182.228 19,107 453,636 LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 9) Income taxes payable (Note 10) Total current liabilities Note payable to related party (Note 21) Other long-term liabilities (Notes 11, 12) Income taxes payable (Note 10) Deferred inconi taxes (Note 10) Total liability Commitments and concies (Note 13) Stureholders' Equity Preferred stock: 0.000 shares authorized: none issued and outstanding Common stock (no par value): 125,000 shares authorized: 69,995 and 69,873 issued and outstanding (Note 14) Retained earnings Accumulated other comprehensive loss (Note 17) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 4) 215,048 142,158 5,645 362,851 14.053 42,622 12.710 147 432,383 48,733 58,104 168 560,643 45,829 1,585,009 (8.887) 1,621,951 30,308 1,652.259 2,212,902 53,801 1.529,636 (22,617) 1,560,820 20,691 1,581,511 Total equity Total liabilities and equity $ $ 2,013,894 See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company FINANCIAL STATEMENTS COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) December 31, 2017 2010 ASSETS Current Assets: S $ 673.166 94.983 364,862 457,927 58,559 - 1.649,497 281,394 129,355 68,594 56,804 27.058 212.902 351.389 472 333.678 487,997 38,487 1,412,023 279.650 133.438 68,594 92,494 27,695 2,013,894 S Cash and cash equivalents (Note 20) Short-term investments (Note 20) Accounts receivable, net (Note 5) Inventories Prepaid expenses and other current assets Total current assets Property, plant, and equipment, net (Note 6) Intangible assets, net (Note 7) Goodwill (Note 7) Deferred income taxes (Note 10) Other non-current assets Total assets LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 9) Income taxes payable (Note 10) Total current liabilities Note payable to related party (Note 2) Other long-term liabilities (Noten !l. Income taxes payable (Note 10) Deferred income taxes (Note 10) Total liabilities Commitments and contingencies (Note 13) Shareholders Equity Preferred stock; 10,000 shares authorized: none issued and outstanding Common stock (no par value); 125,000 shares authorized; 69,995 and 69.873 issued and outstanding (Note 14) Retained earnings Accumulated other comprehensive loss (Note 17) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 4) Total equity Total liabilities and equity 252,301 182.228 19.107 453,636 215.048 142.158 5.645 362,851 14,053 42,622 48,735 58,104 168 12,710 500.643 432,383 45,829 1,585,009 (8,887) 1.621,951 30,308 1,652,259 2,212,902 53,801 1.529,636 (22,617) 1,560,820 20,691 1.581.511 2.013.894 See accompanying notes to consolidated financial statements A-4 Appendix A Columbia Sportswear Company COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) Year Ended December 31, 2016 Cash 2017 2015 2,466,105 1,306,143 2,326,180 1.252.680 139,962 Net sales Cost of sales Gross profit Selling, general and administrative expenses Net licensing income Income from operations Interest income, net Interest expense on note payable to related party (Note 21 Odhe non-operating expense Incarne before income tax Income tax expense (Note 10) Net inom Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable to Columbia Sportswear Company (Noto 19): Basic 910,894 13,901 262.969 4,515 (429) (321) 266,734 (154,419) 2.377.045 1,266,697 1.110,348 864.084 10.244 256,508 2.003 (1.041) (572) 256,898 (58,459) 198,439 6,541 191,898 1.073,500 831,971 8,192 249,721 1,531 (1,099) (2,834) 247.319 (67.468) 179.851 5,514 174,337 112,315 7,192 105,123 Dilated 5 1.50 1.49 2.75 2.72 2.43 2.45 Weighted average shares outstanding (Note 16): Basic Diluted 69,759 70,453 69.683 70,162 71.064 70,632 See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company A-5 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS in thousands) from operating activities: 31. 2017 Yew Teded December 31, 2016 2015 2015 preciation amortization concile net income to net cash provided by operating activities 112,3155 2,326,180 1.252.680 1.073,500 831.971 198,439 S 179.851 termedi posal or impairment of property, plant, and equipment 4 income 61,016 4,805 8,192 taxes Sast-based compensation stax benefit from employee stock plans Onges in operating assets and liabilities: 59,945 1,927 44,851 11,286 56,521 5,098 (11,709) (19.178) 10.986 11,672 counts Accounts receivable 249,721 1,531 (1,099) (2.834) 247,319 (67.468) 179,851 5,514 174,337 Inventories Prepaid expenses and other current assets (24,197) 36,710 Crear Obter assets Accounts payable Accrued liabilities (5.452) (5.948) 46,662 (19.241) 931 30,568 11,581 58,702 3,798 341,128 (40,4191 103,296) 4.411 (2,524) 11,418 (2,017) (10,994) 4,966 95.105 2.48 "come taxes payable Other liabilities Net cash provided by operating activities nad from investing activities: 4,847 4.768 2.468 275,167 70,162 71,064 ats of short-term investments stort-term investments alexpenditures und from sale of property, plant, and equipment Net cash used in investing activities In from financing activities: (130,993) 36,282 (53,352) 219 (147.784) (21.263) 21,263 (49.987) 97 (49,890) (38,2081 64,980 (69.917) (43.000) 3,374 (3.374) 19,946 62,885 (64,825) Som credit facilities pets on credit facilities unds from issuance of common stock under employee stock plans Wyrteats related to restricted stock unit issuances star benefit from employee stock plans 53.429 (51.479) 17.442 (4.895) 13.167 (3,662) (5.117) 2012 (35,542) case of common stock (11) (48,122) .909) (70,068) (43,5471 hdvidends paid tent of related party note payable (14,236) 84.403) 04.03 191.245 Net cash used in financing activities 12,836 (4,647) 121,777 (42,023) (1.635) 181.619 369,770 551,389 Verchange rate changes on cash le decrease) in cash and cash equivalents Mash equivalents, beginning of year ab equivalents, end of year 551,389 673.156 413,558 369.770 81,045 S 685 70,424 $ 1,049 disclosures of cash flow information: during the year for income taxes 87.350 1,115 note payable to related party paid during the year for interest 3,188 2.710 al disclosures of non-cash Investing activities: penditures incurred but not yet paid See accompanying notes to consolidated financial statements Appendix A Columbia Sportswear Company A-6 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF EQUITY (In thousands) Columbia Sportswear Company Shareholders' Equity Rets Common Stock Shares Outstanding Amount Larnings 69,828 72.700S 1.255,070 174,337 Accumulated Other Comprehensive Income (Loss) 15,833 Total Non-Controlling Interest S 11,631 5,514 BALANCE, JANUARY 1, 2015 1355.234 179.851 (6) (2.908) (3,755) (2.905 (34.887) (43,547) 835 12.547 7.925 18.347 12,547 7,925 11,672 (1.386) 69,277 11,672 (70,068) 34,776 (20,836) Not income Other comprehensive loss Unrealized holding losses on available for sale securities, net Unrealized holding losses on derivative transactions, bet Foreign currency translation adjustment, net Cash dividends (90.62 per share Issuance of common stock under employee slock plans, not .. Tax adjustment from stock plans Stock-based compensation exponse Repurchase of common stock BALANCE. DECEMBER 31, 2015 Norin Net income Other comprehensive income foss): Unrealized holding losses on available for sale securities, net Uncalived holding gains an derivative transactions, net Foreign currency translation adjustment, net Cash dividenda 150.69 per share) Issuance of common stock under employee stock plans, net Stock-based compensation expense Repurchase of common stock BALANCE, DECEMBER 31, 2016 Net income 1.385,860 191.1998 16,013 6,541 70.063) 1,415,813 198,439 12) 686 157 343 (2,465) (2,020) 4,485) 148,122) 596 8,050 10,985 8050 10.985 69,873 33,801 1.529,636 (22,617) 20,691 105,123 1,581.511 112,315 7,192 1.159 (516) (17,489) 31,219 f16.846) 4,161 2.941 Other comprehensive income fosse urealized holding Jassen derivative transactions, niet Foreign currency translation adjustment, net Case dividends (50.13 per share) Issuance of common stock under entployee stock plans, et Stock-based compensation experime Repurchase of common stock BALANCE, DECEMBER 31, 2017 (50,909) 16.284 (50,9091 16,284 11,286 (665) 69,995 (35,542) 45.829 11,286 35,542 1,585,009 $ (8,887) 30,308 See accompanying notes to consolidated financial statements