Virgin Media 2007 Annual Report Download - page 139

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
20. Condensed Consolidated Financial Information (Continued)
We present the following condensed consolidated financial information as of December 31, 2007
and 2006 and for the years ended December 31, 2007, 2006, and 2005 as required by Article 3-10(d) of
Regulation S-X.
December 31, 2007
Virgin
Media Other All other
Balance sheet Company Finance guarantors VMIH subsidiaries Adjustments Total
(in millions)
Cash and cash equivalents ....... £ 1.3 £ — £ 10.0 £ 0.7 £ 309.4 £ — £ 321.4
Restricted cash ............... — — — — 6.1 — 6.1
Other current assets ............ — — 0.4 9.6 615.8 — 625.8
Total current assets ........... 1.3 — 10.4 10.3 931.3 — 953.3
Fixed assets, net .............. — — — — 5,655.6 — 5,655.6
Intangible assets, net ........... — — (13.1) — 3,318.0 — 3,304.9
Investments in, and loans to, parent
and subsidiary companies ...... 2,808.8 1,018.0 379.5 5,281.1 (6,526.6) (2,592.1) 368.7
Other assets, net .............. — — — 129.0 54.6 — 183.6
Total assets ................ £2,810.1 £1,018.0 £376.8 £5,420.4 £ 3,432.9 £(2,592.1) £10,466.1
Current liabilities .............. £ (0.4) £ 29.9 £ 6.4 £ 119.6 £ 1,354.5 £ (103.3) £ 1,406.7
Long term debt ............... — 1,032.0 — 2,262.4 2,635.0 — 5,929.4
Other long term liabilities ....... — — 0.3 116.7 202.5 — 319.5
Shareholders’ equity ............ 2,810.5 (43.9) 370.1 2,921.7 (759.1) (2,488.8) 2,810.5
Total liabilities and shareholders’
equity .................. £2,810.1 £1,018.0 £376.8 £5,420.4 £ 3,432.9 £(2,592.1) £10,466.1
December 31, 2006
Virgin
Media Other All other
Balance sheet Company Finance guarantors VMIH subsidiaries Adjustments Total
(in millions)
Cash and cash equivalents ....... £ 2.4 £ — £ 31.5 £ 0.2 £ 384.4 £ — £ 418.5
Restricted cash ............... — — — — 6.0 — 6.0
Other current assets ............ (1.7) — 0.3 0.1 615.2 — 613.9
Total current assets ........... 0.7 — 31.8 0.3 1,005.6 — 1,038.4
Fixed assets, net .............. 0.7 — — — 6,025.6 — 6,026.3
Intangible assets, net ........... — — (11.0) — 3,648.0 — 3,637.0
Investments in, and loans to parent
and subsidiary companies ...... 3,242.3 1,411.7 774.4 5,327.2 (6,407.5) (3,976.6) 371.5
Other assets, net .............. — — — 103.2 67.1 — 170.3
Total assets ................ £3,243.7 £1,411.7 £795.2 £5,430.7 £4,338.8 £(3,976.6) £11,243.5
Current liabilities .............. £ 11.8 £ 30.1 £ 9.4 £ 97.6 £1,593.9 £ (100.0) £ 1,642.8
Long term debt ............... — 1,024.4 — 1,872.4 3,120.4 — 6,017.2
Other long term liabilities ....... 1.8 — 8.5 124.9 218.2 — 353.4
Shareholders’ equity ............ 3,230.1 357.2 777.3 3,335.8 (593.7) (3,876.6) 3,230.1
Total liabilities and shareholders’
equity .................. £3,243.7 £1,411.7 £795.2 £5,430.7 £4,338.8 £(3,976.6) £11,243.5
F-53