Dish Network 2013 Annual Report Download - page 113

DISH NETWORK CORPORATION
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands, except share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
F-3
2013 2012
Assets
Current Assets:
Cash and cash equivalents............................................................................................................................... 4,700,022$ 3,573,742$
Marketable investment securities (Note 6)...................................................................................................... 5,039,382 3,631,637
Trade accounts receivable - other, net of allowance for doubtful accounts
of $15,981 and $13,834, respectively.......................................................................................................... 902,416 833,755
Trade accounts receivable - EchoStar, net of allowance for doubtful accounts of zero.................................. 55,102 26,960
Inventory......................................................................................................................................................... 512,707 465,584
Deferred tax assets (Note 12).......................................................................................................................... 129,864 93,767
Prepaid income taxes....................................................................................................................................... 118,021 110,608
Current assets - discontinued operations (Note 10)......................................................................................... 68,239 237,986
Derivative financial instruments (Note 2) ....................................................................................................... 292,507 -
Other current assets......................................................................................................................................... 495,186 85,114
Total current assets.............................................................................................................................................. 12,313,446 9,059,153
Noncurrent Assets:
Restricted cash and marketable investment securities (Note 6)....................................................................... 94,861 133,643
Property and equipment, net (Note 8)............................................................................................................. 4,097,711 4,366,629
FCC authorizations.......................................................................................................................................... 3,296,665 3,296,665
Marketable and other investment securities (Note 6)...................................................................................... 151,273 119,051
Noncurrent assets - discontinued operations (Note 10)................................................................................... 9,965 39,155
Other noncurrent assets, net............................................................................................................................ 411,707 365,312
Total noncurrent assets........................................................................................................................................ 8,062,182 8,320,455
Total assets.................................................................................................................................................... 20,375,628$ 17,379,608$
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities:
Trade accounts payable - other........................................................................................................................ 281,932$ 229,566$
Trade accounts payable - EchoStar................................................................................................................. 355,023 281,867
Deferred revenue and other............................................................................................................................. 843,386 839,888
Accrued programming..................................................................................................................................... 1,242,129 1,093,000
Accrued interest.............................................................................................................................................. 232,734 224,383
Litigation accrual (Note 16)............................................................................................................................ - 70,999
Other accrued expenses................................................................................................................................... 512,081 483,943
Current liabilities - discontinued operations (Note 10)................................................................................... 49,471 163,536
Current portion of long-term debt and capital lease obligations (Note 11)..................................................... 1,034,893 537,285
Total current liabilities........................................................................................................................................ 4,551,649 3,924,467
Long-Term Obligations, Net of Current Portion:
Long-term debt and capital lease obligations, net of current portion (Note 11).............................................. 12,615,991 11,350,399
Deferred tax liabilities (Note 12).................................................................................................................... 1,945,690 1,674,635
Long-term liabilities - discontinued operations (Note 10)............................................................................... 19,804 11,198
Long-term deferred revenue, distribution and carriage payments and other long-term liabilities................... 245,489 347,281
Total long-term obligations, net of current portion............................................................................................. 14,826,974 13,383,513
Total liabilities.............................................................................................................................................. 19,378,623 17,307,980
Commitments and Contingencies (Note 16)
Stockholders’ Equity (Deficit)(Note 13):
Class A common stock, $.01 par value, 1,600,000,000 shares authorized, 275,950,537 and 270,613,262
shares issued, 219,832,277 and 214,495,002 shares outstanding, respectively........................................... 2,760 2,706
Class B common stock, $.01 par value, 800,000,000 shares authorized,
238,435,208 shares issued and outstanding................................................................................................. 2,384 2,384
Additional paid-in capital............................................................................................................................... 2,588,224 2,440,626
Accumulated other comprehensive income (loss).......................................................................................... 173,872 188,803
Accumulated earnings (deficit)...................................................................................................................... (220,701) (1,028,193)
Treasury stock, at cost.................................................................................................................................... (1,569,459) (1,569,459)
Total DISH Network stockholders’ equity (deficit)............................................................................................ 977,080 36,867
Noncontrolling interest................................................................................................................................. 19,925 34,761
Total stockholders’ equity (deficit)..................................................................................................................... 997,005 71,628
Total liabilities and stockholders’ equity (deficit)....................................................................................... 20,375,628$ 17,379,608$
As of December 31,