CenturyLink 2004 Annual Report Download - page 22
Download and view the complete annual report
Please find page 22 of the 2004 CenturyLink annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12 -
13 -
14 -
15 -
16 -
17 -
18 -
19 -
20 -
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28
 |
 |
[ 20 ]
Consolidated Balance Sheets
Dollars in thousands
December 31,
2004 2003
Assets
Current Assets
Cash and cash equivalents $ 167,215 203,181
Accounts receivable 232,580 236,187
Materials and supplies, at average cost 5,361 9,229
Other 14,691 14,342
Total current assets 419,847 462,939
Net Property, Plant and Equipment 3,341,401 3,455,481
Goodwill and Other Assets
Goodwill 3,433,864 3,425,001
Other 601,841 552,431
Total goodwill and other assets 4,035,705 3,977,432
Total Assets $7,796,953 7,895,852
Liabilities and Equity
Current Liabilities
Current maturities of long-term debt $ 249,617 72,453
Accounts payable 141,618 113,274
Accrued expenses and other current liabilities 249,523 241,044
Advance billings and customer deposits 50,860 44,612
Total current liabilities 691,618 471,383
Long-Term Debt 2,762,019 3,109,302
Deferred Credits and Other Liabilities 933,551 836,651
Stockholders’ Equity
Common stock, $1.00 par value, authorized 350,000,000 shares, issued and outstanding
132,373,912 and 144,364,168 shares 132,374 144,364
Paid-in capital 222,205 576,515
Accumulated other comprehensive loss, net of tax (8,334) –
Retained earnings 3,055,545 2,750,162
Unearned ESOP shares – (500)
Preferred stock – non-redeemable 7,975 7,975
Total stockholders’ equity 3,409,765 3,478,516
Total Liabilities and Equity $7,796,953 7,895,852
TOSERVE A CUSTOMER