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, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,385,260 $ 1,001,055
Accounts receivable, less allowance of $20,175 and $19,794, respectively 634,509 415,790
Prepaid expenses 607,376 359,936
Other current assets 60,212 36,031
Total current assets 2,687,357 1,812,812
Property, plant and equipment    
Land, buildings and improvements 794,902 852,175
Computer equipment and capitalized software 372,704 338,919
Furniture and other equipment 199,478 200,743
Construction in progress 55,625 56,822
Property, plant and equipment, gross 1,422,709 1,448,659
Less accumulated depreciation 730,014 726,873
Property, plant and equipment, net 692,695 721,786
Intangible assets    
Definite-lived intangible assets, net 668,367 724,463
Indefinite-lived intangible assets 375,991 377,463
Goodwill 1,369,062 1,357,827
Investments in nonconsolidated affiliates 52,438 46,160
Other long-term assets 236,901 250,295
Total assets 6,082,811 5,290,806
Current liabilities    
Accounts payable, client accounts 622,448 557,953
Accounts payable 167,818 102,718
Accrued expenses 631,216 626,723
Deferred revenue 1,018,135 402,002
Current portion of long-term debt 61,658 62,050
Other current liabilities 15,274 16,726
Total current liabilities 2,516,549 1,768,172
Long-term debt, net 1,662,035 1,677,955
Long-term deferred income taxes 192,821 199,596
Other long-term liabilities 87,409 94,409
Commitments and contingent liabilities      
Redeemable noncontrolling interests 78,759 42,100
Stockholders’ equity    
Common stock 1,959 1,877
Additional paid-in capital 2,355,798 2,272,882
Accumulated deficit (913,527) (908,418)
Accumulated other comprehensive loss (51,959) (10,923)
Total Live Nation Entertainment, Inc. stockholders’ equity 1,392,271 1,355,418
Noncontrolling interests 152,967 153,156
Total equity 1,545,238 1,508,574
Total liabilities and equity $ 6,082,811 $ 5,290,806