iHeartMedia 2000 Annual Report Download - page 52

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52
CONSOLIDATED BALANCE SHEETS
ASSETS
(In thousands)
December 31,
2000 1999
CURRENT ASSETS
Cash and cash equivalents $ 196,838 $ 76,724
Restricted cash 308,691
Accounts receivable, less allowance of
$60,631 in 2000 and $26,095 in 1999 1,557,048 724,900
Prepaid expenses 146,767 35,791
Other current assets 133,873 87,694
Total Current Assets 2,343,217 925,109
PROPERTY, PLANT
AND EQUIPMENT
Land, buildings and improvements 1,197,951 338,764
Structures and site leases 2,395,934 1,870,731
Transmitter and studio equipment 744,571 427,063
Furniture and other equipment 479,532 222,581
Construction in progress 222,286 89,901
5,040,274 2,949,040
Less accumulated depreciation 785,040 470,916
4,255,234 2,478,124
INTANGIBLE ASSETS
Contracts 1,075,472 817,227
Licenses and goodwill 40,973,198 11,809,882
Other intangible assets 175,451 80,102
42,224,121 12,707,211
Less accumulated amortization 1,731,557 758,889
40,492,564 11,948,322
OTHER
Restricted cash 319,450 4,349
Notes receivable 99,818 53,675
Investments in, and advances to,
nonconsolidated affiliates 427,303 380,918
Other assets 513,773 251,604
Other investments 1,605,102 779,411
Total Assets $50,056,461 $16,821,512
See Notes to Consolidated Financial Statements