Chesapeake Energy 2000 Annual Report Download - page 90

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CHESAPEAKE ENERGY CORPORATION
UNAUDITED PRO FORMA COMBINED BALANCE SHEET
as of December 31, 2000
($ in thousands)
The accompanying notes are an integral part of these pro forma combined fmancial statements.
-79-
ASSETS
Historical Pro Forma
Chesapeake Gothic Adjustments As Adjusted
Current assets $166,926 $22,229 $58 (a) $188,203
(1,010)(j)
Property, plant and equipment:
Proved properties 2,590,512 275,827 87,374 (a) 2,953,377
(336)(k)
Unproved properties 25,685 6,191 3,809 (a) 35,685
Accumulated DD&A (1,770,827) (75,003) 75,003 (a) (1,770,827)
Net proved and unproved properties 845,370 207,015 165,850 1,218,235
Other, net 42,864 4,737 (4,587) (a) 43,014
Total property, plant and equipment, net 888,234 211,752 161,263 1,261,249
Investment in Gothic 126,434 -(125,521)(a)
(913)(k)
Deferred tax asset 229,823 -(20) (j) 231,083
1,280 (i)
Other 29,009 8,675 (8,675) (a) 26,209
(2,800) (i)
Total assets $ 1,440,426 $ 242,656 $23,662 $ 1,706,744
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities $162,701 $11,209 $12,000 (a) $183,924
(l,137)(a)
(1,249) (k)
400 (i)
Long-term debt 944,845 321,676 (112,400) (a) 1,159,495
6,434 (a)
(1,060)(j)
Deferred income tax liabilities 11,850 11,850
Other liabilities 7,798 2,835 -10,633
Stockholders equity:
Preferred stock 31,202 55,139 (55,139) (a) 31,202
Common stock 1,578 233 (233)(a) 1,618
40(a)
Warrants 1,500 (a) 1,500
Paid-in capital 963,584 44,830 (44,830) (a) 991,544
27,960 (a)
Accumulated earnings (deficit) (659,286) (193,266) 193,266 (a) (661,176)
(1,920) (i)
30 (j)
Accumulated other comprehensive income (loss) (3,901) -(3,901)
Less treasury stock (19,945) (19,945)
Total stockholders' equity (deficit) 313,232 (93,064) 120,674 340,842
Total liabilities and stockholders' equity (deficit) $ 1,440,426 $ 242,656 $23,662 $ 1,706,744