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DIRECTV
HOLDINGS LLC |
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CONSOLIDATED BALANCE SHEETS |
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(Dollars in Millions)
(Unaudited) |
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September
30,
2003 |
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December
31,
2002 |
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ASSETS |
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Current Assets |
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Cash and cash equivalents |
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$ 380.2
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$ 14.1
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Accounts receivable, net of allowances
of $51.2 and $54.3 |
450.9
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506.7
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Inventories, net |
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129.0
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62.6
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Prepaid expenses and other |
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554.3
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545.8
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Total Current Assets |
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1,514.4
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1,129.2
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Satellites, net |
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981.5
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1,011.3
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Property, net |
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728.7
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838.6
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Goodwill, net |
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2,891.1 |
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2,888.5
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Intangible Assets, net |
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568.2
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623.7
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Other Assets |
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118.3 |
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87.3
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Total Assets |
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$
6,802.2 |
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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 |
1,223.0
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1,139.2
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Unearned subscriber revenue |
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214.9
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156.6
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Current portion of long-term debt |
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12.2
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- |
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Total Current Liabilities |
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1,450.1
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1,295.8
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Long-Term Debt |
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2,612.8
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- |
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Other Liabilities and Deferred Credits |
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354.3
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477.6
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Deferred Income Taxes |
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244.0
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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 |
2,793.6
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5,385.1
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Accumulated deficit |
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(652.6) |
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(823.7) |
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Subtotal Owner's Equity |
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2,141.0
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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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2,141.0
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4,558.5
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Total Liabilities
and Owner's Equity |
$ 6,802.2
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$ 6,578.6
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