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
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 2,041,686 $ 1,299,184
Accounts receivable, less allowance of $18,065 and $19,850, respectively 563,394 439,151
Prepaid expenses 647,087 378,342
Other current assets 59,179 43,427
Total current assets 3,311,346 2,160,104
Property, plant and equipment    
Land, buildings and improvements 815,728 816,931
Computer equipment and capitalized software 450,447 421,846
Furniture and other equipment 210,331 210,866
Construction in progress 64,514 52,883
Property, plant and equipment, gross 1,541,020 1,502,526
Less accumulated depreciation 831,678 795,726
Property, plant and equipment, net 709,342 706,800
Intangible assets    
Definite-lived intangible assets, net 647,645 676,564
Indefinite-lived intangible assets 376,235 376,736
Goodwill 1,502,707 1,466,983
Other long-term assets 324,845 296,334
Total assets 6,872,120 5,683,521
Current liabilities    
Accounts payable, client accounts 700,524 656,253
Accounts payable 150,228 111,320
Accrued expenses 709,490 668,799
Deferred revenue 1,001,097 486,433
Current portion of long-term debt 269,628 278,403
Other current liabilities 41,851 54,310
Total current liabilities 2,872,818 2,255,518
Long-term debt, net 2,038,845 1,530,484
Long-term deferred income taxes 167,179 161,637
Other long-term liabilities 105,673 85,035
Commitments and contingent liabilities      
Redeemable noncontrolling interests 56,171 61,041
Stockholders’ equity    
Common stock 1,993 1,978
Additional paid-in capital 2,411,138 2,368,281
Accumulated deficit (961,310) (951,796)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive income (loss) 16,828 (2,370)
Total Live Nation Entertainment, Inc. stockholders’ equity 1,461,784 1,409,228
Noncontrolling interests 169,650 180,578
Total equity 1,631,434 1,589,806
Total liabilities and equity $ 6,872,120 $ 5,683,521