Choice Hotels International Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	96.55M	119.15M	124.73M	90.96M	76.40M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	53.29M	53.01M	62.01M	58.04M	48.28M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets	28.64M	22.63M	22.58M	22.03M	22.76M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	178.48M	194.80M	209.76M	171.46M	147.87M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	51.31M	51.99M	53.50M	53.87M	54.30M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments	12.62M	11.68M	22.02M	24.97M	24.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	82.41M	83.26M	83.93M	85.19M	86.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	31.17M	29.28M	23.09M	20.89M	20.30M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	264.75M	252.89M	258.16M	269.84M	264.50M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	443.23M	447.69M	467.92M	441.30M	412.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt	0.679M	0.673M	0.691M	0.516M	0.508M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	45.13M	38.39M	44.53M	46.83M	38.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	28.53M	53.85M	37.08M	36.92M	28.96M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues	90.01M	87.76M	79.36M	63.59M	74.61M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	176.36M	184.56M	181.80M	165.00M	149.74M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	257.78M	252.03M	252.32M	251.98M	260.01M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	15.63M	16.06M	14.43M	17.30M	17.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	293.05M	288.68M	300.56M	304.25M	311.66M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	469.41M	473.25M	482.36M	469.25M	461.40M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	58.13M	58.28M	59.17M	59.84M	59.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.581M	0.583M	0.592M	0.598M	0.598M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	100.90M	102.66M	98.68M	95.08M	92.02M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	804.26M	794.95M	780.82M	749.39M	732.80M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	925.76M	916.96M	887.82M	867.25M	867.96M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	-26.18M	-25.56M	-14.44M	-27.94M	-49.03M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	443.23M	447.69M	467.92M	441.30M	412.37M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro