Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,299,184 $ 1,001,055
Accounts receivable, less allowance of $19,850 and $19,794 in 2013 and 2012, respectively 439,151 415,790
Prepaid expenses 378,342 359,936
Other current assets 43,427 36,031
Total current assets 2,160,104 1,812,812
Property, plant and equipment    
Land, buildings and improvements 816,931 852,175
Computer equipment and capitalized software 421,846 338,919
Furniture and other equipment 210,866 200,743
Construction in progress 52,883 56,822
Property, plant and equipment, gross 1,502,526 1,448,659
Less accumulated depreciation 795,726 726,873
Property, plant and equipment, net 706,800 721,786
Intangible assets    
Definite-lived intangible assets, net 676,564 724,463
Indefinite-lived intangible assets 376,736 377,463
Goodwill 1,466,983 1,357,827
Other long-term assets 296,334 296,455
Total assets 5,683,521 5,290,806
Current liabilities    
Accounts payable, client accounts 656,253 557,953
Accounts payable 111,320 102,718
Accrued expenses 668,799 626,723
Deferred revenue 486,433 402,002
Current portion of long-term debt 278,403 62,050
Other current liabilities 54,310 16,726
Total current liabilities 2,255,518 1,768,172
Long-term debt, net 1,530,484 1,677,955
Long-term deferred income taxes 161,637 199,596
Other long-term liabilities 85,035 94,409
Commitments and contingent liabilities      
Redeemable noncontrolling interests 61,041 42,100
Stockholders’ equity    
Common stock, $.01 par value; 450,000,000 shares authorized; 199,974,160 and 190,853,380 shares issued and 199,566,136 and 190,853,380 shares outstanding in 2013 and 2012, respectively 1,978 1,877
Additional paid-in capital 2,368,281 2,272,882
Accumulated deficit (951,796) (908,418)
Cost of shares held in treasury (408,024 shares in 2013) (6,865) 0
Accumulated other comprehensive loss (2,370) (10,923)
Total Live Nation Entertainment, Inc. stockholders’ equity 1,409,228 1,355,418
Noncontrolling interests 180,578 153,156
Total equity 1,589,806 1,508,574
Total liabilities and equity 5,683,521 5,290,806
Series A Preferred Stock [Member]
    
Stockholders’ equity    
Preferred stock 0 0
Preferred Stock [Member]
    
Stockholders’ equity    
Preferred stock $ 0 $ 0