Windstream 2006 Annual Report Download - page 172

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
15. Supplemental Guarantor Information, Continued:
Consolidated Balance Sheet
As of December 31, 2005
(Millions) Parent Guarantors
Non-
Guarantors Eliminations Consolidated
ASSETS
Current Assets
Cash and short-term investments $ - $ 7.1 $ 4.8 $ - $ 11.9
Accounts receivable (less allowance for doubtful accounts of
$9.7) - 47.5 205.2 - 252.7
Inventories - 24.4 12.5 - 36.9
Prepaid expenses and other - 1.6 26.9 - 28.5
Assets held for sale - 75.9 - - 75.9
Total current assets - 156.5 249.4 - 405.9
Investments - 641.7 1.2 (640.9) 2.0
Goodwill and other intangibles - 28.5 1,507.9 - 1,536.4
Net property, plant and equipment - 456.5 2,502.0 - 2,958.5
Other assets - 16.4 16.6 - 33.0
Total Assets $ - $1,299.6 $4,277.1 $(640.9) $4,935.8
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Current maturities of long-term debt $ - $ 0.2 $ 21.9 $ - $ 22.1
Accounts payable - 59.8 73.7 - 133.5
Affiliate payable - - - - -
Advance payments and customer deposits - 6.5 70.6 - 77.1
Accrued taxes - 12.6 70.2 - 82.8
Accrued interest - 2.0 2.2 - 4.2
Other current liabilities - 2.4 17.1 - 19.5
Liabilities related to assets held for sale - 36.1 - - 36.1
Total current liabilities - 119.6 255.7 - 375.3
Long-term debt - 115.3 123.4 - 238.7
Deferred income taxes - 124.5 551.8 - 676.3
Other liabilities - 13.4 142.9 - 156.3
Total liabilities - 372.8 1,073.8 - 1,446.6
Commitments and Contingencies (See Note 13)
Shareholders’ Equity:
Accumulated other comprehensive income (loss) - 0.5 - - 0.5
Parent company investment of Alltel - (156.2) 1,695.4 (84.0) 1,455.2
Retained earnings - 1,082.5 1,507.9 (556.9) 2,033.5
Total shareholders’ equity - 926.8 3,203.3 (640.9) 3,489.2
Total Liabilities and Shareholders’ equity $ - $1,299.6 $4,277.1 $(640.9) $4,935.8
F-71