Chesapeake Energy 1994 Annual Report Download - page 35

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CON DEN S ED C O'N SOLID AT N G BALANCE SHEET
AS OF JUNE 30, 1994
SUBSIDIARY GUARANTORS
CEX ALL OTHERS COMBINED COMPANY
(PARENT) ELIMINATIONS CONSOLIDATED
ASSETS
Current assets
($ IN THOUSANDS)
Cash and cash equivalents $$13,946 $13,946 $ 2,279 $$ 16,225
Accounts receivable 8,686 10,432 19,118 19,118
Inventory 7,162 7,162 7,162
Other 1,274 1,274 1,274
Total current assets 8,686 32,814 41,500 2,279 43,779
Property and equipment
Oil and gas properties 92,182 (5,284) 86,898 86,898
Other property and equipment 8,156 8,156 2,542 10,698
Less: accumulated depreciation,
depletion and amortization (16,417) (2,568) (18,985) (164) (19,149)
75,765 304 76,069 2,378 78,447
Investments in subsidiaries
and intercompany
advances (68,813) 1,621 (67,192) 67,192
Other assets 712 10 722 2,742 3,464
$16,350 $34,749 $51,099 $74,591 $$125,690
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable and other $$ 32,587 $32,587 $1,225 $$ 33,812
Notes payable 7,543 7,543 33 7,576
Total current liabilities 40,130 40,130 1,258 41,388
Long-term debt 10 2,550 2,560 45,318 47,878
Revenues payable 2,951 2,951 2,951
Deferred income taxes 2,363 2,363 (150) 2,213
Stockholders' equity
Common stock 36 36 51 (36) 51
Common stock warrants 55
Preferred stock 99(9)
other 16,340 (13,290) 3,050 28,109 45 31,204
16,340 (13,245) 3,095 28,165 31,260
$16,350 $34,749 $51,099 $74,591 $$125,690
CHESAPEAKE ENERGY CORPORATION 33