Cablevision 2012 Annual Report Download - page 103

CABLEVISION SYSTEMS CORPORATION
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
BALANCE SHEETS
December 31, 2012 and 2011
(Dollars in thousands, except share and per share amounts)
(97)
2012 2011
ASSETS
Current Assets:
Cash and cash equivalents ................................................................................... $ 75,866 $ 893
Prepaid expenses and other current assets ........................................................... 12,201 6,297
Amounts due from affiliates................................................................................ - 4,667
Deferred tax asset ................................................................................................ 170,406 32,672
Total current assets .......................................................................................... 258,473 44,529
Other receivables .................................................................................................... 1,778 -
Deferred tax asset ................................................................................................... 340,998 480,755
Deferred financing costs, net of accumulated amortization of $13,022 and
$8,605 ................................................................................................................. 48,766 37,554
$ 650,015 $ 562,838
LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current Liabilities:
Accrued liabilities ............................................................................................... $ 58,168 $ 50,189
Amounts due to affiliates (principally CSC Holdings) ....................................... 485,097 504,042
Senior notes ........................................................................................................ - 26,825
Total current liabilities ..................................................................................... 543,265 581,056
Other liabilities ....................................................................................................... 2,605 2,553
Senior notes and debentures .................................................................................. 2,891,536 2,140,141
Senior notes due to Newsday .................................................................................. 753,717 753,717
Deficit investment in affiliate, net .......................................................................... 2,096,898 2,659,435
Total liabilities .................................................................................................... 6,288,021 6,136,902
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, 287,750,132 and 281,833,547 shares issued and 210,561,118
and 220,170,261 shares outstanding ................................................................ 2,878 2,818
CNYG Class B common stock, $.01 par value, 320,000,000 shares
authorized, 54,137,673 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 ..................................................................................................... 973,432 1,053,226
Accumulated deficit ............................................................................................ (5,011,960) (5,245,483)
(4,035,109) (4,188,898)
Treasury stock, at cost (77,189,014 and 61,663,286 CNYG Class A common
shares) .............................................................................................................. (1,572,134) (1,363,698)
Accumulated other comprehensive loss .............................................................. (30,763) (21,468)
Total deficiency ............................................................................................... (5,638,006) (5,574,064)
$ 650,015 $ 562,838
See accompanying note to condensed financial statements.