Virgin Media 2009 Annual Report Download - page 160

VIRGIN MEDIA INC.
SCHEDULE I—CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED BALANCE SHEET
(in millions, except par value)
December 31,
2009 2008
Assets
Current assets
Cash and cash equivalents ...................................... £ 12.4 £ 9.9
Other current assets .......................................... 4.3 3.5
Total current assets ......................................... 16.7 13.4
Fixed assets, net ............................................... — —
Investments in and loans to affiliates, net ............................. 1,977.8 2,544.9
Other assets, net ............................................... 10.4 13.2
Total assets .................................................. £2,004.9 £ 2,571.5
Liabilities and shareholders’ equity
Current liabilities .............................................. £ 9.1 £ 9.4
Long term debt ............................................... 504.5 545.9
Other long term liabilities ........................................ — —
Shareholders’ equity
Common stock—$0.01 par value; authorized 1,000.0 (2009 and 2008) shares;
issued 330.8 (2009) and 329.0 (2008) and outstanding 329.4 (2009) and
328.1 (2008) shares .......................................... 1.8 1.8
Additional paid-in capital ....................................... 4,508.0 4,482.2
Unearned stock compensation ................................... (24.8) (20.9)
Accumulated other comprehensive income .......................... 22.5 178.2
Accumulated deficit ........................................... (3,016.2) (2,625.1)
Total shareholders’ equity ..................................... 1,491.3 2,016.2
Total liabilities and shareholders’ equity ............................. £2,004.9 £ 2,571.5
See accompanying notes.
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