Time Magazine 2012 Annual Report Download - page 69
Download and view the complete annual report
Please find page 69 of the 2012 Time Magazine annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
 |
 |
TIME WARNER INC.
CONSOLIDATED BALANCE SHEET
(millions, except share amounts)
December 31,
2012
December 31,
2011
ASSETS
Current assets
Cash and equivalents ................................................... $ 2,841 $ 3,476
Receivables, less allowances of $1,757 and $1,957 ........................... 7,385 6,922
Inventories ........................................................... 2,060 1,890
Deferred income taxes .................................................. 474 663
Prepaid expenses and other current assets ................................... 528 481
Total current assets .................................................... 13,288 13,432
Noncurrent inventories and theatrical film and television production costs ......... 6,785 6,594
Investments, including available-for-sale securities ........................... 2,047 1,820
Property, plant and equipment, net ........................................ 3,942 3,963
Intangible assets subject to amortization, net ................................ 2,108 2,232
Intangible assets not subject to amortization ................................. 7,642 7,805
Goodwill ............................................................ 30,446 30,029
Other assets .......................................................... 2,046 1,926
Total assets ........................................................... $ 68,304 $ 67,801
LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued liabilities .................................... $ 8,069 $ 7,815
Deferred revenue ...................................................... 1,011 1,084
Debt due within one year ................................................ 749 23
Total current liabilities .................................................. 9,829 8,922
Long-term debt ........................................................ 19,122 19,501
Deferred income taxes .................................................. 2,127 2,541
Deferred revenue ...................................................... 523 549
Other noncurrent liabilities .............................................. 6,825 6,334
Commitments and Contingencies (Note 16)
Equity
Common stock, $0.01 par value, 1.652 billion and 1.652 billion shares issued and
932 million and 974 million shares outstanding ............................ 17 17
Paid-in-capital ........................................................ 154,577 156,114
Treasury stock, at cost (720 million and 678 million shares) .................... (35,077) (33,651)
Accumulated other comprehensive loss, net ................................. (988) (852)
Accumulated deficit .................................................... (88,652) (91,671)
Total Time Warner Inc. shareholders’ equity ................................ 29,877 29,957
Noncontrolling interests ................................................. 1 (3)
Total equity .......................................................... 29,878 29,954
Total liabilities and equity ............................................... $ 68,304 $ 67,801
See accompanying notes.
53