Cincinnati Bell 2001 Annual Report Download - page 64

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62
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
CONDEN S E D CONSOLI DATING BALANCE SH E ETS
December 31, 2001
($ in millions) Parent CBT Other Eliminations Total
Cash and cash equivalents $ 17.3 $ — $ 12.7 $ — $ 30.0
Receivables, net — 100.2 220.5 — 320.7
Other current assets 6.3 42.2 68.2 2.5 119.2
Intercompany receivables — current — 23.1 — (23.1) —
Total current assets 23.6 165.5 301.4 (20.6) 469.9
Property, plant and equipment, net 2.1 614.4 2,443.0 — 3,059.5
Goodwill and other intangibles, net 0.7 — 2,444.2 — 2,444.9
Investments in subsidiaries and other entities 2,158.2 — 15.3 (2,157.2) 16.3
Other noncurrent assets 117.6 7.9 251.2 (55.3) 321.4
Intercompany receivables — noncurrent 1,783.0 — — (1,783.0) —
Net assets from discontinued operations — — — — —
TOTAL ASSETS $4,085.2 $787.8 $5,455.1 $(4,016.1) $6,312.0
Short-term debt $ 118.8 $ 28.0 $ 3.2 $ — $ 150.0
Accounts payable 1.9 49.2 138.8 — 189.9
Other current liabilities 36.6 89.3 445.4 9.2 580.5
Intercompany payables — current — — — — —
Total current liabilities 157.3 166.5 587.4 9.2 920.4
Long-term debt, less current portion 2,306.3 304.2 91.5 — 2,702.0
Other noncurrent liabilities 89.4 60.7 487.3 (61.9) 575.5
Intercompany payables — noncurrent — — 1,806.2 (1,806.2) —
Total liabilities 2,553.0 531.4 2,972.4 (1,858.9) 4,197.9
Minority interest — — 17.8 417.9 435.7
Mezzanine financing — — 417.9 (417.9) —
Shareowners’ equity 1,532.2 256.4 2,047.0 (2,157.2) 1,678.4
TOTAL LIABI LITIES AND SHAREOW N E R S’ EQUITY$4,085.2 $787.8 $5,455.1 $(4,016.1) $6,312.0
December 31, 2000 Parent CBT Other Eliminations Total
Cash and cash equivalents $ 5.8 $ — $ 32.1 $ — $ 37.9
Receivables, net — 101.4 229.2 — 330.6
Other current assets 5.5 50.6 40.6 (2.5) 94.2
Intercompany receivables — current — — — — —
Total current assets 11.3 152.0 301.9 (2.5) 462.7
Property, plant and equipment, net 1.3 632.2 2,345.5 — 2,979.0
Goodwill and other intangibles, net 1.1 — 2,558.3 — 2,559.4
Investments in subsidiaries and other entities 2,874.8 — 253.2 (2,873.1) 254.9
Other noncurrent assets 102.9 40.8 155.8 (78.3) 221.2
Intercompany receivables — noncurrent 1,429.6 — — (1,429.6) 0.0
Net assets from discontinued operations — — — 0.4 0.4
TOTAL ASSETS $4,421.0 $825.0 $5,614.7 $(4,383.1) $6,477.6
Short-term debt $ — $ 5.7 $ 8.3 $ — $ 14.0
Accounts payable 9.0 45.9 201.6 — 256.5
Other current liabilities 42.0 91.3 311.4 12.1 456.8
Intercompany payables — current — 31.1 — (31.1) —
Total current liabilities 51.0 174.0 521.3 (19.0) 727.3
Long-term debt, less current portion 2,128.8 324.2 54.0 — 2,507.0
Other noncurrent liabilities 74.5 69.8 736.7 (93.0) 788.0
Intercompany payables — noncurrent — — 1,377.7 (1,377.7) —
Total liabilities 2,254.3 568.0 2,689.7 (1,489.7) 4,022.3
Minority interest 423.6 — 10.2 — 433.8
Mezzanine financing — — 423.6 (423.6) —
Shareowners’ equity 1,743.1 257.0 2,491.2 (2,469.8) 2,021.5
TOTAL LIABI LITIES AND SHAREOW N E R S’ EQUITY$4,421.0 $825.0 $5,614.7 $(4,383.1) $6,477.6