Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v3.5.0.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,512,099 $ 1,303,125
Accounts receivable, less allowance of $18,216 and $17,168, respectively 634,562 452,600
Prepaid expenses 779,743 496,226
Other current assets 43,548 36,364
Total current assets 2,969,952 2,288,315
Property, plant and equipment    
Land, buildings and improvements 822,761 840,032
Computer equipment and capitalized software 511,693 505,233
Furniture and other equipment 242,079 233,271
Construction in progress 85,720 47,684
Property, plant and equipment, gross 1,662,253 1,626,220
Less accumulated depreciation 949,441 894,938
Property, plant and equipment, net 712,812 731,282
Intangible assets    
Definite-lived intangible assets, net 810,418 777,763
Indefinite-lived intangible assets 369,001 369,317
Goodwill 1,670,676 1,604,315
Other long-term assets 510,567 385,249
Total assets 7,043,426 6,156,241
Current liabilities    
Accounts payable, client accounts 710,087 662,941
Accounts payable 103,722 58,607
Accrued expenses 778,101 686,664
Deferred revenue 1,347,953 618,640
Current portion of long-term debt, net 44,918 42,352
Other current liabilities 38,653 32,002
Total current liabilities 3,023,434 2,101,206
Long-term debt, net 1,985,190 2,002,662
Long-term deferred income taxes 198,617 199,472
Other long-term liabilities 127,887 142,267
Commitments and contingent liabilities
Redeemable noncontrolling interests 292,516 263,715
Stockholders’ equity    
Common stock 2,024 2,020
Additional paid-in capital 2,412,928 2,428,566
Accumulated deficit (1,083,176) (1,075,111)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (136,404) (111,657)
Total Live Nation stockholders’ equity 1,188,507 1,236,953
Noncontrolling interests 227,275 209,966
Total equity 1,415,782 1,446,919
Total liabilities and equity $ 7,043,426 $ 6,156,241