Time Magazine 2013 Annual Report Download - page 72
Download and view the complete annual report
Please find page 72 of the 2013 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
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
 |
 |
TIME WARNER INC.
CONSOLIDATED BALANCE SHEET
(millions, except share amounts)
December 31,
2013
December 31,
2012
ASSETS
Current assets
Cash and equivalents ................................................... $ 1,862 $ 2,841
Receivables, less allowances of $1,666 and $1,757 ........................... 7,868 7,385
Inventories ........................................................... 2,028 2,036
Deferred income taxes .................................................. 447 474
Prepaid expenses and other current assets ................................... 639 528
Total current assets .................................................... 12,844 13,264
Noncurrent inventories and theatrical film and television production costs ......... 6,699 6,675
Investments, including available-for-sale securities ........................... 2,024 1,966
Property, plant and equipment, net ........................................ 3,825 3,942
Intangible assets subject to amortization, net ................................ 1,920 2,108
Intangible assets not subject to amortization ................................. 7,629 7,642
Goodwill ............................................................ 30,563 30,446
Other assets .......................................................... 2,490 2,046
Total assets ........................................................... $ 67,994 $ 68,089
LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued liabilities .................................... $ 7,322 $ 8,039
Deferred revenue ...................................................... 995 1,011
Debt due within one year ................................................ 66 749
Total current liabilities .................................................. 8,383 9,799
Long-term debt ........................................................ 20,099 19,122
Deferred income taxes .................................................. 2,642 2,127
Deferred revenue ...................................................... 482 523
Other noncurrent liabilities .............................................. 6,484 6,721
Commitments and Contingencies (Note 16)
Equity
Common stock, $0.01 par value, 1.652 billion and 1.652 billion shares issued and
895 million and 932 million shares outstanding ............................ 17 17
Paid-in-capital ........................................................ 153,410 154,577
Treasury stock, at cost (757 million and 720 million shares) .................... (37,630) (35,077)
Accumulated other comprehensive loss, net ................................. (852) (989)
Accumulated deficit .................................................... (85,041) (88,732)
Total Time Warner Inc. shareholders’ equity ................................ 29,904 29,796
Noncontrolling interests ................................................. — 1
Total equity .......................................................... 29,904 29,797
Total liabilities and equity ............................................... $ 67,994 $ 68,089
See accompanying notes.
56