| Primary beneficiary variable interest financial statements |
Bristow Aviation and its subsidiaries are exposed to similar operational risks and are therefore monitored and evaluated on a similar basis by management. Accordingly, the financial information reflected on our condensed consolidated balance sheets and statements of operations for Bristow Aviation and subsidiaries is presented in the aggregate, including intercompany amounts with other consolidated entities, as follows (in thousands): | | | | | | | | | | | | | | | June 30, 2015 | | March 31, 2015 | | | Assets | | | | | | | Cash and cash equivalents | | $ | 101,968 |
| | $ | 91,190 |
| | | Accounts receivable | | 548,317 |
| | 521,989 |
| | | Inventories | | 108,878 |
| | 100,065 |
| | | Prepaid expenses and other current assets | | 47,440 |
| | 42,659 |
| | | Total current assets | | 806,603 |
| | 755,903 |
| | | Investment in unconsolidated affiliates | | 183 |
| | 64 |
| | | Property and equipment, net | | 256,591 |
| | 243,357 |
| | | Goodwill | | 62,767 |
| | 61,242 |
| | | Other assets | | 88,687 |
| | 78,637 |
| | | Total assets | | $ | 1,214,831 |
| | $ | 1,139,203 |
| | | Liabilities | | | | | | | Accounts payable | | $ | 446,428 |
| | $ | 379,357 |
| | | Accrued liabilities | | 170,819 |
| | 154,306 |
| | | Accrued interest | | 1,538,961 |
| | 1,489,369 |
| | | Deferred taxes | | — |
| | 1,128 |
| | | Current maturities of long-term debt | | 9,454 |
| | 9,643 |
| | | Total current liabilities | | 2,165,662 |
| | 2,033,803 |
| | | Long-term debt, less current maturities | | 174,375 |
| | 168,245 |
| | | Accrued pension liabilities | | 101,911 |
| | 99,576 |
| | | Other liabilities and deferred credits | | 11,197 |
| | 11,948 |
| | | Deferred taxes | | 13,950 |
| | 14,457 |
| | | Temporary equity | | 35,342 |
| | 26,223 |
| | | Total liabilities | | $ | 2,502,437 |
| | $ | 2,354,252 |
| |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | | | | 2015 | | 2014 | | | Revenue | | $ | 386,771 |
| | $ | 383,817 |
| | | Operating income (loss) | | (17,743 | ) | | 16,700 |
| | | Net loss | | (64,777 | ) | | (37,581 | ) | |
|