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, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 1,801,013 $ 1,526,591
Accounts receivable, less allowance of $31,693 and $29,634, respectively 991,215 568,936
Prepaid expenses 714,176 528,250
Other current assets 57,225 49,774
Total current assets 3,563,629 2,673,551
Property, plant and equipment    
Land, buildings and improvements 928,643 838,545
Computer equipment and capitalized software 582,445 524,571
Furniture and other equipment 297,654 256,765
Construction in progress 129,082 125,430
Property, plant and equipment, gross 1,937,824 1,745,311
Less accumulated depreciation 1,093,010 993,775
Property, plant and equipment, net 844,814 751,536
Intangible assets    
Definite-lived intangible assets, net 756,909 812,031
Indefinite-lived intangible assets 369,003 368,766
Goodwill 1,764,512 1,747,088
Other long-term assets 511,657 411,294
Total assets 7,810,524 6,764,266
Current liabilities    
Accounts payable, client accounts 860,424 726,475
Accounts payable 93,043 55,030
Accrued expenses 1,227,613 781,494
Deferred revenue 909,037 804,973
Current portion of long-term debt, net 71,674 53,317
Other current liabilities 51,086 39,055
Total current liabilities 3,212,877 2,460,344
Long-term debt, net 2,240,461 2,259,736
Deferred income taxes 202,049 197,811
Other long-term liabilities 170,318 149,791
Commitments and contingent liabilities
Redeemable noncontrolling interests 370,277 347,068
Stockholders’ equity    
Common stock 2,060 2,034
Additional paid-in capital 2,390,224 2,381,011
Accumulated deficit (888,579) (1,073,457)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (117,866) (176,707)
Total Live Nation stockholders’ equity 1,378,974 1,126,016
Noncontrolling interests 235,568 223,500
Total equity 1,614,542 1,349,516
Total liabilities and equity $ 7,810,524 $ 6,764,266