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DIRECTV
HOLDINGS LLC |
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CONSOLIDATED BALANCE SHEETS |
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(Unaudited) |
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June
30,
2003 |
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December
31,
2002 |
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(dollars in
millions) |
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ASSETS |
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Current Assets |
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Cash and cash equivalents |
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$ 324.5
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|
$ 14.1
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Accounts receivable, net of allowances
of $54.8 and $54.3 |
447.7
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|
506.7
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Inventories, net |
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98.9
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|
62.6
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Prepaid expenses and other |
|
480.2
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|
545.8
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Total Current Assets |
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1,351.3
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1,129.2
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Satellites, net |
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1,001.0
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1,011.3
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Property, net |
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748.0
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838.6
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Goodwill, net |
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2,890.8 |
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2,888.5
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Intangible Assets, net |
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586.7
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623.7
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Other Assets |
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115.5 |
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87.3
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Total Assets |
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$
6,693.3 |
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$ 6,578.6
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LIABILITIES
AND OWNER'S EQUITY |
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Current Liabilities |
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Accounts payable and accrued liabilities |
1,167.0
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1,139.2
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Unearned subscriber revenue |
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144.8
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156.6
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Current portion of long-term debt |
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16.0
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- |
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Total Current Liabilities |
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1,327.8
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1,295.8
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Long-Term Debt |
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2,609.0
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- |
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Other Liabilities and Deferred Credits |
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411.8
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477.6
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Deferred Income Taxes |
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245.0
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|
246.7
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Commitments and Contingencies |
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Owner's Equity |
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Capital stock and additional paid-in capital |
2,788.3
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5,385.1
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Accumulated deficit |
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(688.6) |
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(823.7) |
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Subtotal Owner's Equity |
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2,099.7
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4,561.4
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Accumulated Other Comprehensive Loss |
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Accumulated unrealized losses on securities |
-
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(2.9) |
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Total Owner's Equity |
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2,099.7
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4,558.5
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Total Liabilities
and Owner's Equity |
$ 6,693.3
|
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$ 6,578.6
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All 2003 2Q Results
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