Chesapeake Energy 2000 Annual Report Download - page 61

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CONDENSED CONSOLIDATING BALANCE SHEET
As of December 31, 1999
($ in thousands)
-50-
Non-
Guarantor Guarantor
Subsidiaries Subsidiary Parent Eliminations Consolidated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $(7,156) $ 20,409 $25,405 $$38,658
Restricted cash 192 -192
Accounts receivable 45,170 18,297 73 (12,475) 51,065
Inventory 4,183 399 --4,582
Other 1,997 700 352 3,049
Total Current Assets 44,386 39,805 25,830 (12,475) 97,546
PROPERTY AND EQUIPMENT:
Oil and gas properties 2,311,633 3,715 2,315,348
Unevaluated leasehold 40,008 40,008
Other property and equipment 29,088 20,521 18,103 67,712
Less: accumulated depreciation, depletion and amortization (1,683,890) (18,205) (1,876) (1,703,971)
Net Property and Equipment 696,839 6,031 16,227 719,097
INVESTMENTS IN SUBSIDIARIES AND INTERCOMPANy
ADVANCES (686,097) 686,097
INVESTMENT IN GOThIC ENERGY CORPORATION io,000 10,000
OTHER ASSETS 6,402 8,409 16,765 (7,686) 23,890
TOTAL ASSETS $757,627 $54,245 $(627,275) $665,936 $850,533
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
CURRENT UABILITIE5:
Notes payable and current maturities of long-term debt $$763 $$$763
Accounts payable and other 63,194 19,265 17,466 (12,502) 87,423
Total Current Liabilities 63,194 20,028 17,466 (12,502) 88,186
LONG-TERM DEBT 43,500 1,437 919,160 -964,097
REVENUES AND ROYALTIES DUE OTHERS 9,310 --9,310
DEFERRED INCOME TAX UABILITY 6,484 --6,484
INTERCOMPANY PAYABLES 1,356,466 (2,450) (1,354,043) 27
STOCKHOLDERS' EQUITY (DEFICIT):
Common Stock 27 11,048 (17) 1,059
Other (721,354) 35,229 (210,906) 678,428 (218,603)
(721,327) 35,230 (209,858) 678,411 (217,544)
TOTAL UABIU11ES 4ND STOCKHOLDERS' EQUITY
(DEFICIT) $757,627 $ 54,245 $(627,275) $665,936 $850,533