Virgin Media 2006 Annual Report Download - page 137

VIRGIN MEDIA INC.
SCHEDULE I—CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED BALANCE SHEETS
(in millions)
December 31,
2006 2005
Assets
Current assets
Cash and cash equivalents £ 2.4 £ 446.6
Marketable securities — 96.9
Other current assets (1.7) 68.1
Total current assets 0.7 611.6
Fixed assets, net 0.7 —
Investments in and loans to affiliates, net 3,242.3 1,375.0
Total assets £ 3,243.7 £ 1,986.6
Liabilities and shareholders’ equity
Current liabilities £ 11.8 £ 21.6
Long term debt — 10.0
Other long term liabilities 1.8 —
Shareholders’ equity
Preferred stock—$.01 par value; authorized 5.0 (2006 and 2005) shares; issued and outstanding
none — —
Common stock—$.01 par value; authorized 1,000.0 (2006 and 2005) shares; issued 326.4 (2006)
and 212.9 (2005) and outstanding 323.9 (2006) and 212.8 (2005) shares 1.8 0.5
Additional paid−in capital 4,339.7 2,687.0
Treasury stock — (114.0)
Unearned stock compensation (36.3) (15.3)
Accumulated other comprehensive income (loss) 116.0 45.5
Accumulated deficit (1,191.1) (648.7)
Total shareholders’ equity 3,230.1 1,955.0
Total liabilities and shareholders’ equity £ 3,243.7 £ 1,986.6
See accompanying notes.
F−58
Source: VIRGIN MEDIA INVESTM, 10−K, March 01, 2007