Chesapeake Energy 1999 Annual Report Download - page 52

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CONDENSED CONSOLIDATING BALANCE SHEET
As of December 31, 1999
($ in thousands)
ASSETS
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
-42-
CURRENT ASSETS:
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Comnany Eliminations Consolidated
Cash and cash equivalents $(6,964) $20,409 $25,405 $$38,850
Accounts receivable 45,170 18,297 73 (12,475) 51,065
Inventoly 4,183 399 -4,582
Other 1,997 700 352 3.049
Total Current Assets 44,386 39.805 25.830 (12.475) 97.546
PROPERTY AND EQUIPMENT:
Oil and gas properties 2,311,633 3,715 2,315,348
Unevaluated leasehold 40,008 40,008
Other property and equipment 29,088 20,521 18,103 -67,712
Less: accumulated depreciation,
depletion and amortization (1.683.890) (18.205) (1.876) (1.703.971)
Net Property and Equipment 696.839 6.031 16.227 7 19.097
IN VESTMENTS IN SUBSIDIARIES AND
INTERCOMPANY ADVANCES 806,180 493.73 8 (1.299.918)
OTHER ASSETS 16,402 8.409 16.765 (7.686) 33.890
TOTAL ASSETS $1 563 807 $54,245 S552 560 S (1.320,079) $850.533
CURRENT LIABILITIES:
Notes payable and current
maturities of long-term debt $$763 $ $ $763
Accounts payable and other 63.194 19.265 17.466 (12.502) 87.423
Total Current Liabilities 63.194 20.028 17,466 (12.502) 88.186
LONG-TERM DEBT 43,500 1,437 919.160 964.097
REVENUES AND ROYALTIES DUE
OTHERS 9,310 9.310
DEFERRED INCOME TAXES 6484 -6.484
INTERCOMPANY PAYABLES 1,356,466 (2,450) (1,354,043) 27 -
STOCKHOLDERS' EQUITY (DEFICIT):
Common Stock 27 11,048 (17) 1,059
Other 84,826 35,229 968.929 (1.307.587) (218.603)
84,853 35.230 969.977 (1.307,604) (217 544)
TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY (DEFICIT) $ 1.563.807 $54.245 S552.560 $ (1.320.079) S850.533