Expedia 2006 Annual Report Download - page 103

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CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2006
Parent
Guarantor
Subsidiaries
Non-Guarantor
Subsidiaries Eliminations Consolidated
(In thousands)
ASSETS
Total current assets ................ $ 461,397 $ 916,216 $267,113 $ (462,041) $1,182,685
Investment in subsidiaries ........... 5,951,961 295,989 — (6,247,950) —
Intangible assets, net ............... — 989,668 39,106 — 1,028,774
Goodwill ........................ — 5,593,031 268,261 — 5,861,292
Other assets, net .................. 6,863 137,073 58,412 (5,915) 196,433
TOTAL ASSETS ................. $6,420,221 $7,931,977 $632,892 $(6,715,906) $8,269,184
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities .............. $ — $1,598,859 $263,306 $ (462,040) $1,400,125
Long-term debt ................... 500,000 — — — 500,000
Other liabilities and minority interest . . . 15,931 378,399 76,354 (5,915) 464,769
Stockholders’ equity................ 5,904,290 5,954,719 293,232 (6,247,951) 5,904,290
TOTAL LIABILITIES AND
STOCKHOLDERS’ EQUITY . . . . . $6,420,221 $7,931,977 $632,892 $(6,715,906) $8,269,184
CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2005
Parent
Guarantor
Subsidiaries
Non-Guarantor
Subsidiaries Eliminations Consolidated
(In thousands)
ASSETS
Total current assets ............. $ 416,189 $ 378,147 $213,367 $ (417,459) $ 590,244
Investment in subsidiaries . . ...... 5,650,395 277,134 — (5,927,529) —
Intangible assets, net............ — 1,133,074 43,429 — 1,176,503
Goodwill .................... — 5,607,525 252,205 — 5,859,730
Other assets, net ............... 3,096 83,750 43,701 (132) 130,415
TOTAL ASSETS.............. $6,069,680 $7,479,630 $552,702 $(6,345,120) $7,756,892
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities .......... $ 231,017 $1,414,541 $210,126 $ (417,459) $1,438,225
Other liabilities and minority
interest .................... 104,900 414,283 65,853 (132) 584,904
Stockholders’ equity ............ 5,733,763 5,650,806 276,723 (5,927,529) 5,733,763
TOTAL LIABILITIES AND
STOCKHOLDERS’ EQUITY . . $6,069,680 $7,479,630 $552,702 $(6,345,120) $7,756,892
F-43
Expedia, Inc.
Notes to Consolidated Financial Statements — (Continued)