Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 73.5 $ 84.0 $ 101.1
Restricted cash 0.5 0.6 0.8
Accounts receivable, net of allowance for doubtful accounts 171.2 157.4 133.3
Costs in excess of billings on uncompleted contracts 50.0 56.3 57.2
Inventories 143.3 123.6 113.2
Prepaid expenses and other current assets 33.6 31.5 28.3
Assets held for sale 8.5 0.0 0.0
Total current assets 480.6 453.4 433.9
Property, plant, and equipment, net 124.3 124.0 88.8
Operating lease right-of-use assets 40.1 45.7 0.0
Goodwill 1,418.0 1,662.6 681.5
Intangible assets, net 650.4 806.9 326.3
Restricted cash 1.0 0.7 0.5
Other assets 24.3 24.7 16.2
Total assets 2,738.7 3,118.0 1,547.2
Current liabilities:      
Accounts payable 67.7 59.4 47.1
Deferred contract revenue 83.0 73.0 50.4
Notes payable to third-parties, current 5.3 3.9 6.4
Operating lease liability, current 8.5 9.3 0.0
Accrued expenses and other current liabilities 79.8 75.4 84.3
Total current liabilities 244.3 221.0 188.2
Notes payable to related parties, non-current 0.0 0.0 1,170.5
Notes payable to third-parties, non-current 801.5 806.8 885.7
Warrant liabilities 30.5 68.1 0.0
Interest accrued on notes payable to related parties 0.0 0.0 64.8
Operating lease liability, non-current 34.3 40.6 0.0
Deferred income taxes, non-current 116.3 161.0 40.1
Other liabilities 44.6 36.5 37.4
Total liabilities 1,271.5 1,334.0 2,386.7
Commitments and contingencies (Note 11)
Stockholders’ equity (deficit):      
Additional paid-in capital 1,882.4 1,845.5 9.5
Receivable from employees for purchase of ordinary shares 0.0 0.0 (2.4)
Accumulated deficit (408.5) (131.6) (888.0)
Accumulated other comprehensive (loss) income (75.7) (20.7) 39.2
Mirion Technologies, Inc. (Successor) and Mirion Technologies (TopCo), Ltd. (Predecessor) stockholders’ equity (deficit) 1,398.2 1,693.2 (841.6)
Noncontrolling interests 69.0 90.8 2.1
Total stockholders’ equity 1,467.2 1,784.0 (839.5)
Total liabilities and stockholders’ equity 2,738.7 3,118.0 1,547.2
Class A Common Stock      
Stockholders’ equity (deficit):      
Common stock par value $0.001 0.0 0.0 0.0
Class B Common Stock      
Stockholders’ equity (deficit):      
Common stock par value $0.001 0.0 0.0 0.0
A Ordinary Shares      
Stockholders’ equity (deficit):      
Common stock par value $0.001 0.0 0.0 0.0
B Ordinary Shares      
Stockholders’ equity (deficit):      
Common stock par value $0.001 $ 0.0 $ 0.0 $ 0.1