Dish Network 2014 Annual Report Download - page 131
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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-25
7. Inventory
Inventory consisted of the following:
2014 2013
Finished goods ................................................... $ 252,238 $ 299,975
Raw materials...................................................... 159,095 102,563
Work-in-process.................................................. 82,421 110,169
Total .................................................................. 493,754$ 512,707$
As of December 31,
(In thousands)
8. Property and Equipment and Intangible Assets
Property and Equipment
Property and equipment consisted of the following:
Depreciable
Life
(In Years) 2014 2013
Equipment leased to customers................................................. 2-5 3,639,607$ 3,596,310$
EchoStar I (1)........................................................................... 12 - 201,607
EchoStar VII (1)....................................................................... 15 - 177,000
EchoStar X (1).......................................................................... 15 - 177,192
EchoStar XI (1)......................................................................... 15 - 200,198
EchoStar XIV (1)...................................................................... 15 - 316,541
EchoStar XV............................................................................. 15 277,658 277,658
D1............................................................................................. 15 150,000 150,000
T1.............................................................................................. 15 401,721 401,721
Satellites acquired under capital lease agreements................... 10-15 499,819 499,819
Furniture, fixtures, equipment and other................................... 1-10 747,139 720,570
Buildings and improvements.................................................... 1-40 85,509 83,531
Land.......................................................................................... - 5,504 5,692
Construction in progress........................................................... - 774,567 515,447
Total property and equipment.............................................. 6,581,524 7,323,286
Accumulated depreciation (1)................................................... (2,807,985) (3,225,575)
Property and equipment, net................................................ 3,773,539$ 4,097,711$
As of December 31,
(In thousands)
(1) Property and equipment and accumulated depreciation decreased $1.073 billion and $633 million,
respectively, as a result of the Satellite and Tracking Stock Transaction. See Note 6 and Note 20 for further
discussion.