Dish Network 2009 Annual Report Download - page 94

DISH NETWORK CORPORATION
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
F-4
2009 2008
Assets
Current Assets:
Cash and cash equivalents............................................................................................................................... 105,844$ 98,574$
Marketable investment securities (Note 5)...................................................................................................... 2,033,492 460,558
Trade accounts receivable - other, net of allowance for doubtful accounts
of $16,372 and $15,207, respectively........................................................................................................... 741,524 799,139
Trade accounts receivable - EchoStar, net of allowance for doubtful accounts of zero.................................. 38,347 21,570
Inventory......................................................................................................................................................... 295,950 426,671
Deferred tax assets (Note 10).......................................................................................................................... 139,708 86,331
Prepaid income taxes....................................................................................................................................... 35,106 148,747
Other current assets......................................................................................................................................... 85,981 56,394
Total current assets.............................................................................................................................................. 3,475,952 2,097,984
Noncurrent Assets:
Restricted cash and marketable investment securities (Note 5)....................................................................... 141,493 83,606
Property and equipment, net (Note 7).............................................................................................................. 3,042,262 2,663,289
FCC authorizations.......................................................................................................................................... 1,391,441 1,391,441
Marketable and other investment securities (Note 5)...................................................................................... 170,224 158,296
Other noncurrent assets, net............................................................................................................................. 73,971 65,431
Total noncurrent assets........................................................................................................................................ 4,819,391 4,362,063
Total assets.................................................................................................................................................... 8,295,343$ 6,460,047$
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities:
Trade accounts payable - other........................................................................................................................ 146,824$ 174,216$
Trade accounts payable - EchoStar ................................................................................................................ 373,454 297,629
Deferred revenue and other............................................................................................................................. 815,878 830,529
Accrued programming .................................................................................................................................... 985,928 1,020,086
Tivo litigation accrual...................................................................................................................................... 393,566 27,542
Other accrued expenses................................................................................................................................... 545,113 591,668
3% Convertible Subordinated Note due 2011 (Note 9)................................................................................... - 25,000
Current portion of long-term debt and capital lease obligations (Note 9)....................................................... 26,518 13,333
Total current liabilities........................................................................................................................................ 3,287,281 2,980,003
Long-Term Obligations, Net of Current Portion:
Long-term debt and capital lease obligations, net of current portion (Note 9)................................................ 6,470,046 4,969,423
Deferred tax liabilities..................................................................................................................................... 312,775 235,551
Long-term deferred revenue, distribution and carriage payments and other long-term liabilities................... 316,929 224,176
Total long-term obligations, net of current portion............................................................................................. 7,099,750 5,429,150
Total liabilities............................................................................................................................................... 10,387,031 8,409,153
Commitments and Contingencies (Note 14)
Stockholders' Equity (Deficit):
Class A common stock, $.01 par value, 1,600,000,000 shares authorized, 258,852,336 and 257,117,733
shares issued, 208,754,183 and 208,968,052 shares outstanding, respectively........................................... 2,589 2,571
Class B common stock, $.01 par value, 800,000,000 shares authorized,
238,435,208 shares issued and outstanding................................................................................................. 2,384 2,384
Class C common stock, $.01 par value, 800,000,000 shares authorized, none issued and outstanding.......... - -
Additional paid-in capital............................................................................................................................... 2,120,211 2,090,527
Accumulated other comprehensive income (loss).......................................................................................... 5,614 (107,998)
Accumulated earnings (deficit)....................................................................................................................... (2,760,589) (2,492,804)
Treasury stock, at cost.................................................................................................................................... (1,462,380) (1,443,786)
Total DISH Network stockholders' equity (deficit)............................................................................................. (2,092,171) (1,949,106)
Noncontrolling interest................................................................................................................................. 483 -
Total stockholders' equity (deficit)...................................................................................................................... (2,091,688) (1,949,106)
Total liabilities and stockholders' equity (deficit)........................................................................................ 8,295,343$ 6,460,047$
As of December 31,