Cincinnati Bell 2015 Annual Report Download - page 224

Form 10-K Part II Cincinnati Bell Inc.
Condensed Consolidating Balance Sheets
As of December 31, 2015
(dollars in millions)
Parent
(Guarantor)
CBT
(Issuer)
Other
Non-guarantors Eliminations Total
Cash and cash equivalents .................. $ 4.6 $ 1.0 $ 1.8 $ — $ 7.4
Receivables, net .......................... 0.7 — 156.4 — 157.1
Other current assets ....................... 1.6 20.2 14.1 — 35.9
Total current assets ..................... 6.9 21.2 172.3 — 200.4
Property, plant and equipment, net ........... 0.3 921.5 53.7 — 975.5
Investment in CyrusOne ................... — — 55.5 — 55.5
Goodwill and intangibles, net ............... — 2.2 12.3 — 14.5
Investments in and advances to subsidiaries .... 844.6 63.9 647.2 (1,555.7) —
Other noncurrent assets .................... 214.4 3.8 136.6 (146.3) 208.5
Total assets ........................... $1,066.2 $1,012.6 $1,077.6 $(1,702.0) $1,454.4
Current portion of long-term debt ............ $ 5.4 $ 5.0 $ 3.4 $ — $ 13.8
Accounts payable ........................ 0.7 84.8 43.4 — 128.9
Other current liabilities .................... 41.6 45.3 24.2 — 111.1
Other current liabilities from discontinued
operations ............................ — — 5.4 — 5.4
Total current liabilities .................. 47.7 135.1 76.4 — 259.2
Long-term debt, less current portion .......... 1,025.8 135.1 70.9 — 1,231.8
Other noncurrent liabilities ................. 235.5 168.3 4.0 (146.2) 261.6
Intercompany payables .................... 54.7 — — (54.7) —
Total liabilities ........................ 1,363.7 438.5 151.3 (200.9) 1,752.6
Shareowners’ (deficit) equity ............... (297.5) 574.1 926.3 (1,501.1) (298.2)
Total liabilities and shareowners’ equity
(deficit) ............................ $1,066.2 $1,012.6 $1,077.6 $(1,702.0) $1,454.4
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