The Cheesecake Factory Incorporated and Subsidiaries
Consolidated Balance Sheets

	December 28,			December 30,
(In thousands, except share data)	2002			2003
				(restated)
Assets
Current assets:
Cash and cash equivalents	$	14,041		$	15,167
Investments and marketable securities		31,369			33,988
Accounts receivable		8,492			7,360
Other receivables		23,103			18,416
Inventories		22,527			20,434
Prepaid expenses		9,646			12,182
Deferred income taxes		5,368			4,725
Total current assets		114,546			112,272
Property and equipment, net		485,972			369,644
Other assets:
Marketable securities		106,102			87,852
Trademarks		2,327			2,046
Prepaid rent		33,885			25,829
Other		15,885			12,159
Total other assets		158,199			127,886
Total assets	$	758,717		$	609,802
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	32,041		$	25,996
Income taxes payable		3,411			–
Other accrued expenses		74,394			55,402
Total current liabilities		109,846			81,398
Deferred income taxes		51,990			35,074
Deferred rent		28,564			20,264
Deemed landlord financing liability		17,025			6,710
Other noncurrent liabilities		8,440			9,631
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, $.01 par value, 5,000,000 shares authorized;
none issued and outstanding		–			–
Junior participating cumulative preferred stock, $.01 par value,
150,000 shares authorized; none issued and outstanding		–			–
Common stock, $.01 par value, 150,000,000 shares authorized;
79,884,285 and 52,126,185 shares issued at December 28,
2004 and December 30, 2003, respectively		799			521
Additional paid-in capital		258,812			229,157
Retained earnings		310,624			244,435
Unrealized loss on available-for-sale securities		(897	)		(161	)
Treasury stock, 1,950,967 and 1,615,950 shares at cost at
December 28, 2004 and December 30, 2003, respectively		(26,486	)		(17,227	)
Total stockholders’ equity		542,852			456,725
Total liabilities and stockholders’ equity	$	758,717		$	609,802

See the accompanying notes to the consolidated financial statements.