Cash and Receivables



	Year End
	2014		2013
Cash and cash equivalents
Cash	$	205,826	$	174,278
Cash equivalents	61,450		405,874
	$	267,276	$	580,152

Restricted cash equivalents
Current (a)
Collateral supporting letters of credit	$	16,843	$	18,593
Trust for termination costs for former Wendy’s executives	168		168
Other	160		155
	$	17,171	$	18,916

Non-current (b)
Trust for termination costs for former Wendy’s executives	$	2,068	$	2,969

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(a)	Included in “Prepaid expenses and other current assets.”


(b)	Included in “Other assets.”



	Year End
	2014			2013
Accounts and Notes Receivable
Current
Accounts receivable:
Franchisees	$	51,705		$	54,628
Other	19,970			10,952
	71,675			65,580
Notes receivable from franchisees (a) (b)	4,171			864
	75,846			66,444
Allowance for doubtful accounts	(2,488		)	(3,559		)
	$	73,358		$	62,885

Non-Current (c)
Notes receivable from franchisees (a)	$	4,940		$	5,568
Allowance for doubtful accounts	(250		)	(275		)
	$	4,690		$	5,293

_______________


(a)	Includes $3,520 and $414 of notes receivable from franchisees received in connection with the sale of company-owned restaurants, which are included in current and non-current notes receivable, respectively, as of December 28, 2014. See Note 3 for further information.

Also, includes $266 and $2,179 of notes receivable from a franchisee in connection with the termination of our investment in a joint venture in Japan, which are included in current and non-current notes receivable, respectively, as of December 28, 2014 and $2,997 which was included in non-current notes receivable as of December 29, 2013. See Note 6 for further information.


(b)	Includes the current portion of direct financing lease receivables of $193 and $226 as of December 28, 2014 and December 29, 2013, respectively. See Note 19 for further information.


(c)	Included in “Other assets.”

The following is an analysis of the allowance for doubtful accounts:



	Year End
	2014			2013			2012
Balance at beginning of year:
Current	$	3,559		$	6,321		$	4,053
Non-current	275			2,881			963
Provision for doubtful accounts:
Franchisees and other	(1,004		)	(574		)	670
Uncollectible accounts written off, net of recoveries	(92		)	(4,794		)	(28		)
Breakfast notes receivable fully reserved (see Note 2)	—			—			3,544
Balance at end of year:
Current	2,488			3,559			6,321
Non-current	250			275			2,881
Total	$	2,738		$	3,834		$	9,202