Charter 2000 Annual Report Download - page 26

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CHARTER COMMUNICATIONS 24CHARTER COMMUNICATIONS 24
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
As of December 31, 2000 1999
ASSETS
Current Assets:
Cash and cash equivalents $ 130.7 $ 133.7
Accounts receivable, net of allowance for doubtful accounts 217.7 93.7
Receivable from related party 6.5 –
Prepaid expenses and other 77.7 35.1
Total current assets 432.6 262.5
Investment in Cable Properties:
Property, plant and equipment, net 5,267.5 3,490.6
Franchises, net 17,068.7 14,985.8
Total investment in cable properties 22,336.2 18,476.4
Other Assets 274.8 227.6
$23,043.6 $18,966.5
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable and accrued expenses $ 1,367.2 $ 706.8
Payables to related party – 13.2
Total current liabilities 1,367.2 720.0
Long-Term Debt 13,060.5 8,936.5
Deferred Management Fees – Related Party 13.8 21.6
Other Long-Term Liabilities 285.3 145.1
Minority Interest 4,089.3 5,381.3
Redeemable Securities 1,104.3 750.9
Shareholders’ Equity 3,123.2 3,011.1
$23,043.6 $18,966.5
Note: These condensed consolidated financial statements should be read in conjunction with the complete audited consolidated financial statements
appended to the Charter Communications, Inc. proxy statement for the 2001 annual meeting of shareholders.