Twenty-First Century Fox 2007 Annual Report Download - page 70

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NEWS CORPORATION
Consolidated Balance Sheets
(in millions, except share and per share amounts)
As of June 30, 2007 2006
Assets:
Current assets:
Cash and cash equivalents $ 7,654 $ 5,783
Receivables, net 5,842 5,150
Inventories, net 2,039 1,840
Other 371 350
Total current assets 15,906 13,123
Non-current assets:
Receivables 437 593
Investments 11,413 10,601
Inventories, net 2,626 2,410
Property, plant and equipment, net 5,617 4,755
Intangible assets, net 11,703 11,446
Goodwill 13,819 12,548
Other non-current assets 822 1,173
Total non-current assets 46,437 43,526
Total assets $62,343 $56,649
Liabilities and Stockholders’ Equity:
Current liabilities:
Borrowings $ 355 $ 42
Accounts payable, accrued expenses and other current liabilities 4,545 4,047
Participations, residuals and royalties payable 1,185 1,007
Program rights payable 940 801
Deferred revenue 469 476
Total current liabilities 7,494 6,373
Non-current liabilities:
Borrowings 12,147 11,385
Other liabilities 3,319 3,536
Deferred income taxes 5,899 5,200
Minority interest in subsidiaries 562 281
Commitments and contingencies
Stockholders’ Equity:
Class A common stock(1) 21 22
Class B common stock(2) 10 10
Additional paid-in capital 27,333 28,153
Retained earnings and accumulated other comprehensive income 5,558 1,689
Total stockholders’ equity 32,922 29,874
Total liabilities and stockholders’ equity $62,343 $56,649
(1) Class A common stock, $0.01 par value per share, 6,000,000,000 shares authorized, 2,139,585,571 shares and 2,169,184,961
shares issued and outstanding, net of 1,777,593,698 and 1,777,837,008 treasury shares at par at June 30, 2007 and 2006,
respectively.
(2) Class B common stock, $0.01 par value per share, 3,000,000,000 shares authorized, 986,520,953 shares and 986,530,368
shares issued and outstanding, net of 313,721,702 treasury shares at par at June 30, 2007 and 2006, respectively.
The accompanying notes are an integral part of these audited consolidated financial statements.
NEWS CORPORATION 2007 Annual Report 69