Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 1,061,383 $ 1,382,029
Accounts receivable, less allowance of $20,452 and $17,489, respectively 631,344 419,301
Prepaid expenses 555,391 440,272
Other current assets 48,477 26,089
Total current assets 2,296,595 2,267,691
Property, plant and equipment    
Land, buildings and improvements 830,518 808,116
Computer equipment and capitalized software 442,124 454,925
Furniture and other equipment 234,112 209,624
Construction in progress 97,954 78,111
Property, plant and equipment, gross 1,604,708 1,550,776
Less accumulated depreciation 885,185 855,439
Property, plant and equipment, net 719,523 695,337
Intangible assets    
Definite-lived intangible assets, net 772,496 682,713
Indefinite-lived intangible assets 369,398 369,480
Goodwill 1,629,510 1,479,037
Other long-term assets 477,832 474,103
Total assets 6,265,354 5,968,361
Current liabilities    
Accounts payable, client accounts 660,716 658,108
Accounts payable 88,216 74,151
Accrued expenses 785,861 675,880
Deferred revenue 521,648 543,122
Current portion of long-term debt, net 42,131 47,443
Other current liabilities 33,192 12,035
Total current liabilities 2,131,764 2,010,739
Long-term debt, net 1,993,963 1,995,957
Long-term deferred income taxes 208,758 196,759
Other long-term liabilities $ 135,972 $ 112,204
Commitments and contingent liabilities
Redeemable noncontrolling interests $ 247,104 $ 168,855
Stockholders’ equity    
Common stock 2,019 2,004
Additional paid-in capital 2,427,295 2,414,428
Accumulated deficit (996,777) (1,042,603)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (94,234) (70,010)
Total Live Nation stockholders’ equity 1,331,438 1,296,954
Noncontrolling interests 216,355 186,893
Total equity 1,547,793 1,483,847
Total liabilities and equity $ 6,265,354 $ 5,968,361