Virgin Media 2014 Annual Report Download - page 35

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VIRGIN MEDIA INC.
(See note 1)
Notes to Condensed Consolidated Financial Statements — (Continued)
June 30, 2014
(unaudited)
33
Successor
December 31, 2013
Balance sheets Virgin
Media
Virgin
Media
Finance Other
guarantors VMIH VMIL All other
subsidiaries Eliminations Total
in millions
ASSETS
Current assets:
Cash and cash equivalents............ £ 313.3 £ 0.1 £ 0.2 £ 0.3 £ — £ 29.1 £ — £ 343.0
Related-party receivables ............. 0.2 — — — — 87.9 — 88.1
Other current assets ...................... 0.1 — — 27.7 — 532.6 (0.1) 560.3
Total current assets..................... 313.6 0.1 0.2 28.0 — 649.6 (0.1) 991.4
Property and equipment, net............ — — — — — 6,112.6 — 6,112.6
Goodwill.......................................... — — — — — 5,793.7 — 5,793.7
Intangible assets subject to
amortization, net.......................... — — — — — 2,321.5 — 2,321.5
Investments in, and loans to, parent
and subsidiary companies............ 8,787.5 9,345.4 8,616.4 11,895.1 12,152.3 (7,491.0) (43,305.7) —
Deferred income taxes..................... — — — — — 1,407.4 — 1,407.4
Related-party notes receivable ........ 76.2 — — — — 2,297.3 — 2,373.5
Other assets, net............................... 79.8 11.3 — 137.9 — 82.1 — 311.1
Other assets, net – intercompany..... — — — 45.3 — — (45.3) —
Total assets................................. £ 9,257.1 £9,356.8 £ 8,616.6 £12,106.3 £12,152.3 £ 11,173.2 £ (43,351.1) £ 19,311.2
LIABILITIES AND EQUITY
Current liabilities:
Intercompany and related-party
payables .................................... £ 126.1 £ 2.7 £ 5.3 £ 67.8 £ — £ 613.0 £ (727.3) £ 87.6
Other current liabilities................. 102.8 21.4 — 107.7 — 1,217.2 (0.1) 1,449.0
Total current liabilities............... 228.9 24.1 5.3 175.5 — 1,830.2 (727.4) 1,536.6
Long-term debt and capital lease
obligations................................... — 1,358.4 — — — 6,930.9 — 8,289.3
Other long-term liabilities............... — — — 253.7 — 203.4 — 457.1
Other long-term liabilities –
intercompany............................... — 15.7 — — — 29.6 (45.3) —
Total liabilities ........................... 228.9 1,398.2 5.3 429.2 — 8,994.1 (772.7) 10,283.0
Equity .............................................. 9,028.2 7,958.6 8,611.3 11,677.1 12,152.3 2,179.1 (42,578.4) 9,028.2
Total liabilities and equity.......... £ 9,257.1 £9,356.8 £ 8,616.6 £12,106.3 £12,152.3 £ 11,173.2 £ (43,351.1) £ 19,311.2