Virgin Media 2014 Annual Report Download - page 46

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VIRGIN MEDIA INC.
(See note 1)
Notes to Condensed Consolidated Financial Statements — (Continued)
June 30, 2014
(unaudited)
44
Successor
June 30, 2014
Balance sheets Virgin
Media
Virgin Media
Secured
Finance Guarantors Non-
guarantors Eliminations Total
in millions
ASSETS
Current assets:
Cash and cash equivalents ........................ £ 74.7 £ 3.0 £ 31.2 £ 8.5 £ — £ 117.4
Related-party receivables.......................... 9.4 — 64.0 40.7 — 114.1
Other current assets................................... — — 558.4 0.5 — 558.9
Other current assets – intercompany......... — — 2.7 — (2.7) —
Total current assets................................. 84.1 3.0 656.3 49.7 (2.7) 790.4
Property and equipment, net ....................... — — 4,882.1 1,024.1 — 5,906.2
Goodwill...................................................... — — 5,793.7 — — 5,793.7
Intangible assets subject to amortization,
net ............................................................ — — 2,014.1 124.9 — 2,139.0
Investments in, and loans to, parent and
subsidiary companies............................... 8,498.2 3,888.9 (4,817.3) 7,968.1 (15,537.9) —
Deferred income taxes ................................ — — 1,406.6 — — 1,406.6
Related-party notes receivable.................... 543.2 — — 2,297.3 — 2,840.5
Other assets, net .......................................... 58.8 35.2 192.4 0.3 — 286.7
Other assets, net – intercompany ................ — — 74.8 — (74.8) —
Total assets............................................. £ 9,184.3 £ 3,927.1 £ 10,202.7 £ 11,464.4 £ (15,615.4) £ 19,163.1
LIABILITIES AND EQUITY
Current liabilities:
Intercompany and related-party
payables................................................. £ 143.8 £ 1.5 £ 190.6 £ 538.5 £ (776.1) £ 98.3
Other current liabilities............................. 99.9 59.4 1,396.5 2.8 — 1,558.6
Other current liabilities – intercompany... — 2.1 0.6 — (2.7) —
Total current liabilities............................ 243.7 63.0 1,587.7 541.3 (778.8) 1,656.9
Long-term debt and capital lease
obligations ............................................... — 3,673.4 4,376.3 0.1 — 8,049.8
Other long-term liabilities........................... — — 503.8 12.0 — 515.8
Other long-term liabilities –
intercompany........................................... — 52.4 22.4 — (74.8) —
Total liabilities........................................ 243.7 3,788.8 6,490.2 553.4 (853.6) 10,222.5
Equity.......................................................... 8,940.6 138.3 3,712.5 10,911.0 (14,761.8) 8,940.6
Total liabilities and equity...................... £ 9,184.3 £ 3,927.1 £ 10,202.7 £ 11,464.4 £ (15,615.4) £ 19,163.1