Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 1,699,281 $ 1,303,125
Accounts receivable, less allowance of $18,411 and $17,168, respectively 480,681 452,600
Prepaid expenses 747,661 496,226
Other current assets 38,631 36,364
Total current assets 2,966,254 2,288,315
Property, plant and equipment    
Land, buildings and improvements 841,717 840,032
Computer equipment and capitalized software 502,217 505,233
Furniture and other equipment 241,081 233,271
Construction in progress 65,197 47,684
Property, plant and equipment, gross 1,650,212 1,626,220
Less accumulated depreciation 927,422 894,938
Property, plant and equipment, net 722,790 731,282
Intangible assets    
Definite-lived intangible assets, net 785,301 777,763
Indefinite-lived intangible assets 369,219 369,317
Goodwill 1,619,552 1,604,315
Other long-term assets 464,058 385,249
Total assets 6,927,174 6,156,241
Current liabilities    
Accounts payable, client accounts 802,718 662,941
Accounts payable 76,204 58,607
Accrued expenses 620,142 686,664
Deferred revenue 1,354,101 618,640
Current portion of long-term debt, net 43,990 42,352
Other current liabilities 29,082 32,002
Total current liabilities 2,926,237 2,101,206
Long-term debt, net 1,992,851 2,002,662
Long-term deferred income taxes 204,032 199,472
Other long-term liabilities $ 135,308 $ 142,267
Commitments and contingent liabilities
Redeemable noncontrolling interests $ 264,088 $ 263,715
Stockholders’ equity    
Common stock 2,023 2,020
Additional paid-in capital 2,423,054 2,428,566
Accumulated deficit (1,120,919) (1,075,111)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (112,905) (111,657)
Total Live Nation stockholders’ equity 1,184,388 1,236,953
Noncontrolling interests 220,270 209,966
Total equity 1,404,658 1,446,919
Total liabilities and equity $ 6,927,174 $ 6,156,241