Metro PCS 2007 Annual Report Download - page 138

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MetroPCS Communications, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
December 31, 2007, 2006 and 2005
F-39
the indenture relating to the 9¼% Senior Notes. Royal Street (the “non-guarantor subsidiaries”) is not a guarantor of
the 91/4% Senior Notes or the Senior Secured Credit Facility.
The following information presents condensed consolidating balance sheets as of December 31, 2007 and 2006,
condensed consolidating statements of income for the years ended December 31, 2007, 2006 and 2005, and
condensed consolidating statements of cash flows for the years ended December 31, 2007, 2006 and 2005 of the
parent company (MetroPCS), the issuer (Wireless), the guarantor subsidiaries and the non-guarantor subsidiaries
(Royal Street). Investments in subsidiaries held by the parent company and the issuer have been presented using the
equity method of accounting.