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CLEARWIRE CORPORATION AND
S
UB
S
IDIARIE
S
CON
S
OLIDATED BALANCE
S
HEET
S
D
ecember
31,
2008
D
ecember
31,
2007
(
In thousands, except share and
p
er share data
)
ASSETS
CU
RRENT A
SS
ET
S
:
Cash and cash e
q
uivalent
s
........................................
$1,206,143 $
S
hort-term investments (Note 4
)
...................................
1,901,749
R
est
ri
cted cash
................................................
1,1
5
9
A
ccounts receivable, net of allowance of $913 and $
0
...................
4,166
N
otes rece
iv
a
ble
...............................................
4,83
7
Inventor
y.
...................................................
3
,
1
7
4—
Prepa
id
san
d
ot
h
er asset
s
.........................................
44
,6
44 8
,
399
T
ota
l
cu
rr
e
n
t assets
...........................................
3,16
5
,872 8,399
Property, plant and equipment, net (Note
5)
.
.........................
.
1,
319
,
94
5
491
,
89
6
R
est
ri
cted cas
h
................................................
8
,
381
L
on
g
-term investments (Note 4
)
...................................
18
,
9
7
4
S
p
ectrum licenses (Note
6)
.......................................
4
,471,862 2,642,59
0
Other intan
g
ible assets, net (Note 7
)
................................
122
,
808 1
,
2
7
3
I
nvestments
i
n equ
i
ty
i
nvestee
s
....................................
10
,
956
O
t
h
er assets
..................................................
5,
369
TOTAL ASSETS ................................................
$
9
,
124
,
167
$
3
,
144
,
158
LIABILITIE
S
AND
S
T
OC
KH
O
LDER
S’
E
Q
UITY
C
URRENT LIABILITIE
S:
Accounts pa
y
a
bl
ean
d
accrue
d
expenses (Note 8)
.
......................
$
145
,
417
$
De
f
erre
d
re
v
enue
...............................................
1
1,7
6
1—
C
urrent port
i
on o
fl
ong-term
d
e
b
t (Note 10)
...........................
1
4
,
292 —
Tota
l
current
li
a
bili
t
i
es
.
........................................ 171
,
470 —
Lon
g
-term debt (Note 10
)
........................................
1
,3
5
0,498 —
D
eferred tax liabilities
(
Note 9
)
.
...................................
4,
164 679
,
22
2
O
ther lon
g
-term liabilities
........................................
95
,22
5
Tota
lli
a
bili
t
i
e
s
..............................................
1,
621
,
357 679
,
22
2
NON-CONTROLLING INTERESTS
(
Note 15
)
..........................
5
,
436
,
618 —
C
OMMITMENTS AND CONTINGENCIES
(
Note 13
)
STOCKHOLDERS’ E
Q
UITY (Note 15)
:
Class A Common Stock,
p
ar value $0.0001, 1,300,000,000 share
s
authorized; 190,001,706 shares issued and outstanding as of December 31
,
2008 .
...................................................
19 —
Class B Common Stock,
p
ar value $0.0001, 750,000,000 shares authorized
;
5
05,000,000 shares issued and outstandin
g
as of December 31, 2008 .....
5
1—
Additional
p
aid-in ca
p
ital
........................................
2
,092,8
6
1—
B
us
i
ness equ
i
ty o
f
t
h
e Spr
i
nt W
i
MAX Bus
i
nes
s
........................
2,
4
6
4
,
93
6
Accumu
l
ate
d
ot
h
er compre
h
ens
i
ve
i
ncome (Note 17
)
...................
.
3
,
194 —
Accumu
l
ate
dd
e
fi
c
it
.
...........................................
(
29,933
)
Total stockholders’ equit
y
......................................
2,066,192 2,464,936
T
O
TAL LIABILITIE
S
AND
S
T
OC
KH
O
LDER
S’
E
Q
UIT
Y
.................
$9,124,167 $3,144,158
See notes to consolidated financial statements
7
6