Cablevision 2011 Annual Report Download - page 100

CABLEVISION SYSTEMS CORPORATION
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
BALANCE SHEETS
December 31, 2011 and 2010
(Dollars in thousands, except share and per share amounts)
(94)
2011 2010
ASSETS
Current Assets:
Cash and cash equivalents ................................................................................... $ 893 $ 47,077
Prepaid expenses and other current assets ........................................................... 6,297 4,673
Amounts due from affiliates, net ......................................................................... 4,667 6,412
Deferred tax asset ................................................................................................ 32,672 -
Total current assets .......................................................................................... 44,529 58,162
Deferred tax asset ................................................................................................... 480,755 416,092
Deferred financing and other costs, net of accumulated amortization of $8,605
and $4,283 ........................................................................................................... 37,554 41,876
Investment in affiliate distributed to stockholders .................................................. - 64,606
$ 562,838 $ 580,736
LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current Liabilities:
Accrued liabilities ............................................................................................... $ 50,189 $ 62,764
Amounts due to affiliates (principally CSC Holdings) ....................................... 504,042 497,300
Senior notes ........................................................................................................ 26,825 -
Total current liabilities ..................................................................................... 581,056 560,064
Other liabilities ....................................................................................................... 2,553 4,999
Senior notes and debentures .................................................................................. 2,140,141 2,165,688
Senior notes due to Newsday .................................................................................. 753,717 753,717
Deficit investment in affiliate, net .......................................................................... 2,659,435 3,391,701
Total liabilities .................................................................................................... 6,136,902 6,876,169
Commitments and contingencies
Stockholders' Deficiency:
Preferred Stock, $.01 par value, 50,000,000 shares authorized, none issued ...... - -
CNYG Class A common stock, $.01 par value, 800,000,000 shares
authorized, 281,833,547 and 279,582,204 shares issued and 220,170,261
and 241,055,283 shares outstanding ................................................................ 2,818 2,796
CNYG Class B common stock, $.01 par value, 320,000,000 shares
authorized, 54,137,673 and 54,148,223 shares issued and outstanding ........... 541 541
RMG Class A common stock, $.01 par value, 600,000,000 shares authorized,
none issued ...................................................................................................... - -
RMG Class B common stock, $.01 par value, 160,000,000 shares authorized,
none issued ...................................................................................................... - -
Paid-in capital ..................................................................................................... 1,053,226 7,950
Accumulated deficit ............................................................................................ (5,245,483) (5,494,829)
(4,188,898) (5,483,542)
Treasury stock, at cost (61,663,286 and 38,526,921 CNYG Class A common
shares) .............................................................................................................. (1,363,698) (788,566)
Accumulated other comprehensive loss .............................................................. (21,468) (23,325)
Total deficiency ............................................................................................... (5,574,064) (6,295,433)
$ 562,838 $ 580,736