Earthlink 2000 Annual Report Download - page 51

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EARTHLINK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
3. INVESTMENTS IN OTHER COMPANIES (CONTINUED) not have the ability to exercise significant influence over EVG's operating or
financial policies. Any distributions of earnings from the partnership will be recorded as income when declared.
4. PROPERTY AND EQUIPMENT
Property and equipment consist of:
Property under capital lease, primarily data communications equipment included above, aggregated $41.4 million and $62.1 million at
December 31, 1999 and 2000, respectively. Included in accumulated depreciation and amortization are amounts related to property under
capital lease of $25.3 million and $25.7 million at December 31, 1999 and 2000, respectively. Depreciation expense charged to operations was
$20.5 million, $41.0 million and $73.6 million in 1998, 1999 and 2000, respectively.
5. OTHER ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
Other accounts payable and accrued liabilities consists of the following:
F
-
17
DECEMBER 31,
--------------------
1999 2000
-------- ---------
(IN THOUSANDS)
Data center equipment.................................. $150,424 $ 189,401
Office and other equipment............................. 58,165 151,024
Land and buildings..................................... -- 5,706
Leasehold improvements................................. 12,488 43,050
Construction-in-progress............................... 4,526 33,803
-------- ---------
225,603 422,984
Less accumulated depreciation and amortization......... (74,168) (145,585)
-------- ---------
$151,435 $ 277,399
======== =========
DECEMBER 31,
-------------------
1999 2000
-------- --------
(IN THOUSANDS)
Accrued communications costs............................. $16,119 $ 41,152
Accrued advertising...................................... 13,249 24,499
Fixed asset purchases.................................... -- 17,474
Accrued property tax..................................... 343 7,109
Accrued Bounties......................................... 4,462 6,853
Accrued severance........................................ -- 4,443
Accrued integration costs................................ -- 3,000
Other.................................................... 24,774 31,620
------- --------
$58,947 $136,150
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