Lennar Corp -a: (NYSE: LEN)

Zacks Rank: 3-Hold

Balance Sheet

Annual Balance Sheet

Fiscal Year End for LENNAR CORP -A falls in the month of November.

All items in Millions except Per Share data.

	11/30/12	11/30/11	11/30/10	11/30/09	11/30/08
Assets
Cash & Equivalents	1,484	1,336	1,393	1,340	1,100
Receivables	54	54	82	456	350
Notes Receivable	437	713	1,219	0	0
Inventories	5,072	4,361	4,170	4,088	4,500
Other Current Assets	0	0	0	0	0
Total Current Assets	7,046	6,464	6,864	5,884	5,950
Net Property & Equipment	735	726	258	0	0
Investments & Advances	674	670	711	609	767
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	1,907	1,294	955	821	708
Total Assets	10,362	9,155	8,788	7,315	7,425

Liabilities & Shareholders Equity	11/30/12	11/30/11	11/30/10	11/30/09	11/30/08
Notes Payable	601	796	771	0	0
Accounts Payable	221	201	168	170	247
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	0	0	0	0	0
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	268	326	384	518	593
Total Current Liabilities	1,089	1,323	1,323	688	840
Mortgages	0	0	0	0	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	4,005	3,363	3,128	2,761	2,545
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	1,266	1,165	1,142	1,277	1,252
Minority Interest (Liabilities)	0	0	0	145	166
Total Liabilities	6,361	5,851	5,593	4,871	4,802

Shareholders Equity	11/30/12	11/30/11	11/30/10	11/30/09	11/30/08
Preferred Stock	0	0	0	0	0
Common Stock (Par)	21	20	20	20	17
Capital Surplus	2,422	2,341	2,310	2,209	1,945
Retained Earnings	1,605	956	894	828	1,273
Other Equity	586	607	585	0	0
Treasury Stock	633	621	615	614	612
Total Shareholder's Equity	4,001	3,304	3,194	2,443	2,623
Total Liabilities & Shareholder's Equity	10,362	9,155	8,788	7,315	7,425
Total Common Equity	4,001	3,304	3,194	2,443	2,623
Shares Outstanding	190.80	187.00	186.90	183.30	160.50
Book Value Per Share	20.97	17.67	17.09	13.33	16.34

Fiscal Year End for LENNAR CORP -A falls in the month of November.

All items in Millions except Per Share data.

	02/28/13	11/30/12	08/31/12	05/31/12	02/29/12
Assets
Cash & Equivalents	1,190	1,484	957	907	986
Receivables	58	54	46	45	48
Notes Receivable	406	437	497	578	650
Inventories	5,612	5,072	5,036	4,799	4,668
Other Current Assets	0	0	0	0	0
Total Current Assets	7,266	7,046	6,536	6,330	6,351
Net Property & Equipment	726	735	763	748	732
Investments & Advances	684	674	672	717	713
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	1,756	1,907	1,747	1,557	1,072
Total Assets	10,432	10,362	9,719	9,351	8,867

Liabilities & Shareholders Equity	02/28/13	11/30/12	08/31/12	05/31/12	02/29/12
Notes Payable	285	601	614	613	612
Accounts Payable	230	221	170	155	170
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	0	0	0	0	0
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	267	268	268	303	317
Total Current Liabilities	782	1,089	1,052	1,070	1,099
Mortgages	0	0	0	0	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	4,506	4,005	3,672	3,470	3,473
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	1,075	1,266	1,136	1,032	972
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	6,363	6,361	5,860	5,571	5,544

Shareholders Equity	02/28/13	11/30/12	08/31/12	05/31/12	02/29/12
Preferred Stock	0	0	0	0	0
Common Stock (Par)	21	21	20	20	20
Capital Surplus	2,436	2,422	2,379	2,364	2,354
Retained Earnings	1,655	1,605	1,488	1,409	964
Other Equity	574	586	587	603	600
Treasury Stock	616	633	616	616	616
Total Shareholder's Equity	4,070	4,001	3,858	3,780	3,323
Total Liabilities & Shareholder's Equity	10,432	10,362	9,719	9,351	8,867
Total Common Equity	4,070	4,001	3,858	3,780	3,323
Shares Outstanding	191.90	190.80	189.30	189.20	188.70
Book Value Per Share	21.21	20.97	20.38	19.98	17.61