Cablevision 2012 Annual Report Download - page 108

CSC HOLDINGS, LLC
(a wholly-owned subsidiary of Cablevision Systems Corporation)
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
BALANCE SHEETS (continued)
December 31, 2012 and 2011
(Dollars in thousands, except share and per share amounts)
(102)
2012 2011
LIABILITIES AND MEMBER DEFICIENCY
Current Liabilities:
Accounts payable ................................................................................................ $ 126,141 $ 114,840
Accrued liabilities ............................................................................................... 216,118 248,927
Amounts due to affiliates .................................................................................... 32,064 20,176
Deferred revenue ................................................................................................. 5,704 5,083
Liabilities under derivative contracts .................................................................. - 55,383
Credit facility debt .............................................................................................. 145,334 95,595
Capital lease obligations ..................................................................................... 3,921 -
Notes payable ...................................................................................................... 9,844 16,174
Senior notes ......................................................................................................... - 60,997
Total current liabilities .................................................................................... 539,126 617,175
Defined benefit plan and other postretirement plan obligations ............................. 99,307 50,297
Deferred revenue .................................................................................................... 89 277
Other liabilities ....................................................................................................... 90,312 86,373
Deferred tax liability ............................................................................................... 84,953 52,629
Credit facility debt .................................................................................................. 3,118,668 3,687,865
Capital lease obligations ......................................................................................... 10,538 -
Notes payable ......................................................................................................... 1,595 10,893
Senior notes and debentures ................................................................................... 2,596,683 2,968,697
Total liabilities .................................................................................................... 6,541,271 7,474,206
Commitments and contingencies
Member's Deficiency:
Accumulated deficit ............................................................................................ (3,106,148) (3,492,409)
Senior notes due from Cablevision ..................................................................... (753,717) (753,717)
Other member's equity (17,631,479 and 14,432,750 membership units issued
and outstanding) .............................................................................................. 1,040,013 854,442
(2,819,852) (3,391,684)
Accumulated other comprehensive loss .............................................................. (30,763) (21,468)
Total deficiency .................................................................................................. (2,850,615) (3,413,152)
$ 3,690,656 $ 4,061,054
See accompanying note to condensed financial statements.