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IHEARTCOMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
103
NOTE 12 — OTHER INFORMATION
The following table discloses the components of “Other income (expense)” for the years ended December 31, 2014, 2013 and 2012,
respectively:
(In thousands)
Years Ended December 31,
2014
2013
2012
Foreign exchange gain (loss)
$
15,554
$
1,772
$
(3,018)
Debt modification expenses
-
(23,555)
-
Other
(6,450)
(197)
3,268
Total other income (expense), net
$
9,104
$
(21,980)
$
250
The following table discloses the increase (decrease) in net deferred income tax liabilities related to each component of other
comprehensive income (loss) for the years ended December 31, 2014, 2013 and 2012, respectively:
(In thousands)
Years Ended December 31,
2014
2013
2012
Foreign currency translation adjustments and other
$
2,559
$
(14,421)
$
3,210
Unrealized holding gain on marketable securities
-
(11,010)
15,324
Unrealized holding gain (loss) on cash flow derivatives
-
28,759
30,074
Total increase in deferred tax liabilities
$
2,559
$
3,328
$
48,608
The following table discloses the components of “Other current assets” as of December 31, 2014 and 2013, respectively:
(In thousands)
As of December 31,
2014
2013
Inventory
$
23,777
$
26,872
Deferred tax asset
37,793
51,967
Deposits
4,466
5,126
Deferred loan costs
32,602
30,165
Other
37,661
47,027
Total other current assets
$
136,299
$
161,157