Monster Beverage Corp: (NASD: MNST)

Zacks Rank: 5-Strong Sell

Balance Sheet

Annual Balance Sheet

Fiscal Year End for MONSTER BEVERAG falls in the month of December.

All items in Millions except Per Share data.

	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Assets
Cash & Equivalents	320	771	599	347	286
Receivables	237	219	102	109	136
Notes Receivable	0	0	0	0	0
Inventories	203	156	153	108	116
Other Current Assets	126	55	71	32	38
Total Current Assets	835	1,183	898	586	561
Net Property & Equipment	69	45	35	33	14
Investments & Advances	21	23	44	81	90
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	60	59	58	66	66
Intangibles	55	48	43	34	28
Deposits & Other Assets	4	4	3	1	2
Total Assets	1,043	1,362	1,082	800	762

Liabilities & Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Notes Payable	0	0	0	0	0
Accounts Payable	127	113	86	49	65
Current Portion Long-Term Debt	0	0	0	0	1
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	143	130	32	34	122
Income Taxes Payable	5	11	1	1	0
Other Current Liabilities	13	12	10	0	0
Total Current Liabilities	289	266	129	84	187
Mortgages	0	0	0	0	0
Deferred Taxes/Income	110	117	125	131	138
Convertible Debt	0	0	0	0	0
Long-Term Debt	0	0	0	0	0
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	399	383	254	215	326

Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Preferred Stock	0	0	0	0	0
Common Stock (Par)	1	1	0	0	0
Capital Surplus	288	229	187	137	117
Retained Earnings	1,509	1,169	882	670	462
Other Equity	2	-2	0	-5	-11
Treasury Stock	1,155	418	242	218	132
Total Shareholder's Equity	644	979	828	585	436
Total Liabilities & Shareholder's Equity	1,043	1,362	1,082	800	762
Total Common Equity	644	979	828	585	436
Shares Outstanding	171.30	174.10	177.10	178.10	184.80
Book Value Per Share	3.76	5.62	4.68	3.28	2.36

Fiscal Year End for MONSTER BEVERAG falls in the month of December.

All items in Millions except Per Share data.

	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Assets
Cash & Equivalents	345	320	591	870	811
Receivables	309	237	289	306	256
Notes Receivable	0	0	0	0	0
Inventories	215	203	194	199	179
Other Current Assets	68	126	90	58	56
Total Current Assets	937	835	1,129	1,414	1,284
Net Property & Equipment	75	69	58	56	56
Investments & Advances	14	21	20	21	22
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	61	60	56	56	56
Intangibles	58	55	53	51	49
Deposits & Other Assets	4	4	4	4	4
Total Assets	1,147	1,043	1,319	1,602	1,471

Liabilities & Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Notes Payable	0	0	0	0	0
Accounts Payable	135	127	152	157	134
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	167	143	149	127	106
Income Taxes Payable	15	5	3	3	36
Other Current Liabilities	13	13	12	12	12
Total Current Liabilities	330	289	317	300	288
Mortgages	0	0	0	0	0
Deferred Taxes/Income	116	110	112	114	115
Convertible Debt	0	0	0	0	0
Long-Term Debt	0	0	0	0	0
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	446	399	429	414	403

Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Preferred Stock	0	0	0	0	0
Common Stock (Par)	1	1	1	1	1
Capital Surplus	297	288	263	252	239
Retained Earnings	1,572	1,509	1,441	1,355	1,245
Other Equity	-1	2	1	-2	1
Treasury Stock	1,169	1,155	816	418	418
Total Shareholder's Equity	701	644	890	1,188	1,067
Total Liabilities & Shareholder's Equity	1,147	1,043	1,319	1,602	1,471
Total Common Equity	701	644	890	1,188	1,067
Shares Outstanding	999,999.00	171.30	176.40	176.20	174.30
Book Value Per Share	0.00	3.76	5.04	6.74	6.12