Cablevision 2013 Annual Report Download - page 124

CSC HOLDINGS, LLC AND SUBSIDIARIES
(a wholly-owned subsidiary of Cablevision Systems Corporation)
CONSOLIDATED BALANCE SHEETS (continued)
December 31, 2013 and 2012
(Dollars in thousands, except share and per share amounts)
F-15
2013 2012
LIABILITIES AND MEMBER DEFICIENCY
Current Liabilities:
Accounts payable ............................................................................................. $ 422,929 $ 457,076
Accrued liabilities:
Interest ......................................................................................................... 59,130 62,922
Employee related costs ................................................................................. 210,233 187,507
Other accrued expenses ................................................................................ 174,187 196,337
Amounts due to affiliates ................................................................................. 30,887 33,311
Deferred tax liability ........................................................................................ 60,582 4,560
Deferred revenue ............................................................................................. 47,229 56,089
Liabilities under derivative contracts ................................................................ 99,577 134,524
Credit facility debt ........................................................................................... 47,463 165,334
Collateralized indebtedness .............................................................................. 248,388 248,760
Capital lease obligations................................................................................... 12,025 11,009
Notes payable .................................................................................................. 3,744 10,676
Liabilities held for sale ..................................................................................... - 72,217
Total current liabilities .................................................................................. 1,416,374 1,640,322
Defined benefit plan obligations .......................................................................... 162,812 99,307
Deferred revenue ................................................................................................. 5,235 6,946
Liabilities under derivative con tracts .................................................................... 47,370 13,739
Other liabilities .................................................................................................... 214,409 193,521
Deferred tax liability............................................................................................ 617,837 577,668
Credit facility debt ............................................................................................... 3,718,682 3,748,667
Collateralized indebtedness.................................................................................. 569,562 307,392
Capital lease obligations ...................................................................................... 19,265 45,560
Notes payable ...................................................................................................... 1,590 1,909
Senior notes and debentures ................................................................................. 2,309,403 2,596,683
Liabilities held for sale ........................................................................................ - 1,061,071
Total liabilities ................................................................................................. 9,082,539 10,292,785
Commitments and contingencies
Redeemable noncontrolling interest ..................................................................... 9,294 11,999
Member's Deficiency:
Accumulated deficit ......................................................................................... (2,486,073) (3,106,148)
Senior notes due from Cablevision ................................................................... (611,455) (753,717)
Other member's equity (17,631,479 membership units issued and outstanding) . 496,150 1,038,855
(2,601,378) (2,821,010)
Accumulated other comprehensive loss ............................................................ (42,694) (30,763)
Total member's deficiency ................................................................................ (2,644,072) (2,851,773)
Noncontrolling interests....................................................................................... 786 1,158
Total deficiency ............................................................................................... (2,643,286) (2,850,615)
$ 6,448,547 $ 7,454,169
See accompanying notes to consolidated financial statements.