Twenty-First Century Fox 2006 Annual Report Download - page 72

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News Corporation
Consolidated Balance Sheets
2006 2005
As of June 30,
(in millions, except share
and per share amounts)
Assets:
Current assets:
Cash and cash equivalents $5,783 $6,470
Receivables, net 5,150 4,353
Inventories, net 1,840 1,516
Other 350 440
Total current assets 13,123 12,779
Non-current assets:
Receivables 593 673
Investments 10,601 10,268
Inventories, net 2,410 2,366
Property, plant and equipment, net 4,755 4,346
Intangible assets 11,446 12,517
Goodwill 12,548 10,944
Other non-current assets1,173 799
Total non-current assets 43,526 41,913
Total assets $56,649 $54,692
Liabilities and Stockholders’ Equity:
Current liabilities:
Borrowings $42$912
Accounts payable, accrued expenses and other current liabilities 4,047 3,564
Participations, residuals and royalties payable 1,007 1,051
Program rights payable 801 696
Deferred revenue 476 426
Total current liabilities 6,373 6,649
Non-current liabilities:
Borrowings 11,385 10,087
Other liabilities 3,536 3,543
Deferred income taxes 5,200 4,817
Minority interest in subsidiaries 281 219
Commitments and contingencies
Stockholders’ Equity:
Class Acommon stock, $0.01 par value pershare, 6,000,000,000 shares authorized, 2,169,184,961
shares and 2,237,072,659 shares issued and outstanding, net of 1,777,837,008 and 1,739,914,819
treasury shares at par at June 30, 2006 and 2005, respectively 22 22
Class Bcommon stock, $0.01 par value pershare, 3,000,000,000 shares authorized,
986,530,368 shares and 1,029,576,988 shares issued and outstanding, net of
313,721,702 treasury shares at par at June 30, 2006 and 2005 10 10
Additional paid-in capital 28,153 30,044
Retained earnings (deficit) and accumulated other comprehensive income (loss) 1,689 (699)
Total stockholders’ equity 29,874 29,377
Total liabilities and stockholders’ equity $56,649 $54,692
The accompanying notes are an integral part of these audited consolidated financial statements.
72 NEWS CORPORATION