Metro PCS 2010 Annual Report Download - page 143

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MetroPCS Communications, Inc. and Subsidiaries
Notes to Consolidated Financial Statements
December 31, 2010, 2009 and 2008
F-37
Year Ended December 31,
2010 2009 2008
Operating lease payments and related expenses included in cost of
service ................................................................................................. $ 9.8 $ 13.8 $ 5.2
Capital lease maintenance expenses included in cost of service ........... 4.6 2.5 0.2
DAS equipment depreciation included in depreciation expense ........... 28.7 18.6 2.7
Capital lease interest included in interest expense ................................ 14.4 11.6 1.7
Capital lease
p
ayments included in financing activities........................ 2.9 2.8 1.2
2010 2009
Network service fees included in prepaid charges..................................................... $ 1.5 $ 2.3
DAS equipment included in property and equipment, net......................................... 366.4 257.0
Deferred network service fees included in other assets............................................. 9.9 22.1
Lease payments and related fees included in accounts payable and accrued
expenses .................................................................................................................. 2.9 4.9
Current portion of capital lease obligations included in current maturities of long-
term debt ................................................................................................................. 5.2 2.8
Non-current portion of capital lease obligations included in long-term debt, net...... 215.4 146.0
Deferred DAS service fees included in other long-term liabilities............................ 1.2 1.3
18. Supplemental Cash Flow Information:
Year Ended December 31,
2010 2009 2008
(in thousands)
Cash paid for interest .................................................................................................... $ 255,960 $ 248,800 $ 177,210
Cash paid for income taxes ........................................................................................... 2,857 3,085 2,617
Non-cash investing and financing activities
The Company’s accrued purchases of property and equipment were approximately $102.6 million, $21.4 million
and $161.9 million as of December 31, 2010, 2009 and 2008, respectively. Included within the Company’s accrued
purchases are estimates by management for construction services received based on a percentage of completion.
During the years ended December 31, 2010 and 2009, the Company returned obsolete network infrastructure
assets to one of its vendors in exchange for $24.4 million and $17.4 million in credit towards the purchase of
additional network infrastructure assets with the vendor.
Assets acquired under capital lease obligations were $76.6 million, $92.2 million and $92.9 million for the years
ended December 31, 2010, 2009 and 2008, respectively.
During the year ended December 31, 2010 and 2009, the Company received $53.4 million and $52.3 million,
respectively, in fair value of FCC licenses in exchanges with other parties.
The Company’s accrued assets acquired in asset acquisitions were $8.0 million as of December 31, 2010.
See Note 2 for the non-cash changes in the Company’s asset retirement obligations.
19. Quarterly Financial Data (Unaudited):
The following financial information reflects all normal recurring adjustments that are, in the opinion of
management, necessary for a fair statement of the Company’s results of operations for the interim periods.
Summarized data for each interim period for the years ended December 31, 2010 and 2009 is as follows (in
thousands, except per share data):