Sprint - Nextel 2015 Annual Report Download - page 155

Table of Contents
Index to Consolidated Financial Statements
CLEARWIRE CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
July 9,
2013
December 31,
2012
(In thousands, except par value)
ASSETS
Current assets:
Cash and cash equivalents $ 193,912
$ 193,445
Short-term investments 476,224
675,112
Restricted cash 1,642
1,653
Accounts receivable, net of allowance of $2,000 and $3,145 21,226
22,769
Inventory 19,403
10,940
Prepaids and other assets 135,948
83,769
Total current assets 848,355
987,688
Property, plant and equipment, net 2,019,326
2,259,004
Restricted cash 2,019
3,709
Spectrum licenses, net 4,222,900
4,249,621
Other intangible assets, net 18,204
24,660
Other assets 137,105
141,107
Total assets $ 7,247,909
$ 7,665,789
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses $ 260,667
$ 177,855
Other current liabilities 332,113
227,610
Total current liabilities 592,780
405,465
Long-term debt, net 4,322,935
4,271,357
Deferred tax liabilities, net 218,450
143,992
Other long-term liabilities 961,328
963,353
Total liabilities 6,095,493
5,784,167
Commitments and contingencies (Note 12)
Stockholders’ equity:
Class A common stock, par value $0.0001, 1,500,000 and 2,000,000 shares authorized; 823,197 and
691,315 shares outstanding 82
69
Class B common stock, par value $0.0001, 1,500,000 and 1,400,000 shares authorized; 650,588 and
773,733 shares outstanding 65
77
Additional paid-in capital 3,477,182
3,158,244
Accumulated other comprehensive loss (2)
(6)
Accumulated deficit (2,926,193)
(2,346,393)
Total Clearwire Corporation stockholders’ equity 551,134
811,991
Non-controlling interests 601,282
1,069,631
Total stockholders’ equity 1,152,416
1,881,622
Total liabilities and stockholders’ equity $ 7,247,909
$ 7,665,789
See notes to consolidated financial statements
F-70