Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 2,293,264 $ 1,825,322
Accounts receivable, less allowance of $32,245 and $32,755, respectively 949,422 725,304
Prepaid expenses 953,966 546,713
Restricted cash 7,049 3,500
Other current assets 59,655 51,903
Total current assets 4,263,356 3,152,742
Property, plant and equipment    
Land, buildings and improvements 961,655 955,937
Computer equipment and capitalized software 703,004 610,924
Furniture and other equipment 318,336 312,962
Construction in progress 97,327 133,906
Property, plant and equipment, gross 2,080,322 2,013,729
Less accumulated depreciation 1,189,883 1,127,793
Property, plant and equipment, net 890,439 885,936
Intangible assets    
Definite-lived intangible assets, net 736,888 729,265
Indefinite-lived intangible assets 368,960 369,023
Goodwill 1,823,948 1,754,589
Other long-term assets 869,218 612,708
Total assets 8,952,809 7,504,263
Current liabilities    
Accounts payable, client accounts 900,386 948,637
Accounts payable 134,195 85,666
Accrued expenses 1,180,102 1,109,246
Deferred revenue 1,846,156 925,220
Current portion of long-term debt, net 84,946 347,593
Other current liabilities 60,966 160,638
Total current liabilities 4,206,751 3,577,000
Long-term debt, net 2,743,104 1,952,366
Deferred income taxes 134,974 137,635
Other long-term liabilities 169,266 174,391
Commitments and contingent liabilities
Redeemable noncontrolling interests 293,194 244,727
Stockholders’ equity    
Common stock 2,079 2,069
Additional paid-in capital 2,337,691 2,374,006
Accumulated deficit (1,044,019) (1,079,472)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (125,837) (108,542)
Total Live Nation stockholders’ equity 1,163,049 1,181,196
Noncontrolling interests 242,471 236,948
Total equity 1,405,520 1,418,144
Total liabilities and equity $ 8,952,809 $ 7,504,263