Cablevision 2011 Annual Report Download - page 138

CSC HOLDINGS, LLC AND SUBSIDIARIES
(a wholly-owned subsidiary of Cablevision Systems Corporation)
CONSOLIDATED BALANCE SHEETS
December 31, 2011 and 2010
(Dollars in thousands)
I-14
2011 2010
ASSETS
Current Assets:
Cash and cash equivalents .................................................................................. $ 611,054 $ 266,914
Restricted cash .................................................................................................... 29, 068 1,149
Accounts receivable, trade (less allowance for doubtful accounts of $14,907
and $17,786) ................................................................................................... 295,277 295,149
Prepaid expenses and other current assets .......................................................... 129,282 122,385
Amounts due from affiliates (primarily due from Cablevision) ......................... 503,576 515,698
Deferred tax asset ............................................................................................... 91,372 155,487
Investment securities pledged as collateral ......................................................... 191,338 235,932
Assets distributed to sole member in 2011 .......................................................... - 564,231
Total current assets ......................................................................................... 1,850,967 2,156,945
Property, plant and equipment, net of accumulated depreciation of $9,221,694
and $8,564,884 ................................................................................................... 3,269,232 3,361,590
Other receivables.................................................................................................... 3,279 4,843
Investment securities pledged as collateral ............................................................ 317,896 235,932
Derivative contracts ............................................................................................... 18,617 -
Other assets ............................................................................................................ 53,871 44,086
Amortizable intangible assets, net of accumulated amortization of $115,043
and $60,028 ........................................................................................................ 252,871 292,144
Indefinite-lived cable television franchises ............................................................ 1,240,228 1,240,228
Other indefinite-lived intangible assets .................................................................. 55,895 66,895
Goodwill ................................................................................................................ 442,773 442,067
Deferred financing and other costs, net of accumulated amortization of $72,664
and $68,358 ........................................................................................................ 96,156 98,188
Assets distributed to sole member in 2011 ............................................................. - 1,229,374
$7,601,785 $9,172,292
See accompanying notes to consolidated financial statements.