Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 1,629,142 $ 1,299,184
Accounts receivable, less allowance of $19,089 and $19,850, respectively 509,119 439,151
Prepaid expenses 514,111 378,342
Other current assets 59,385 43,427
Total current assets 2,711,757 2,160,104
Property, plant and equipment    
Land, buildings and improvements 806,476 816,931
Computer equipment and capitalized software 432,676 421,846
Furniture and other equipment 203,708 210,866
Construction in progress 54,321 52,883
Property, plant and equipment, gross 1,497,181 1,502,526
Less accumulated depreciation 799,203 795,726
Property, plant and equipment, net 697,978 706,800
Intangible assets    
Definite-lived intangible assets, net 664,187 676,564
Indefinite-lived intangible assets 376,193 376,736
Goodwill 1,493,536 1,466,983
Other long-term assets 316,524 296,334
Total assets 6,260,175 5,683,521
Current liabilities    
Accounts payable, client accounts 750,852 656,253
Accounts payable 107,333 111,320
Accrued expenses 622,021 668,799
Deferred revenue 1,020,775 486,433
Current portion of long-term debt 284,059 278,403
Other current liabilities 51,377 54,310
Total current liabilities 2,836,417 2,255,518
Long-term debt, net 1,523,657 1,530,484
Long-term deferred income taxes 161,437 161,637
Other long-term liabilities 104,227 85,035
Commitments and contingent liabilities      
Redeemable noncontrolling interests 61,009 61,041
Stockholders’ equity    
Common stock 1,989 1,978
Additional paid-in capital 2,376,354 2,368,281
Accumulated deficit (984,244) (951,796)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive income (loss) 7,493 (2,370)
Total Live Nation Entertainment, Inc. stockholders’ equity 1,394,727 1,409,228
Noncontrolling interests 178,701 180,578
Total equity 1,573,428 1,589,806
Total liabilities and equity $ 6,260,175 $ 5,683,521