SEC Filings10-K | CINEMARK HOLDINGS, INC. filed this Form 10-K on 02/28/2014 | Entire Document | |
CINEMARK HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
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December 31, 2012 |
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December 31, 2013 |
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Assets |
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Current assets |
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Cash and cash equivalents |
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$ |
742,664 |
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$ |
599,929 |
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Inventories |
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12,571 |
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13,735 |
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Accounts receivable |
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57,122 |
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81,519 |
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Current income tax receivable |
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7,129 |
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669 |
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Current deferred tax asset |
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14,397 |
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18,807 |
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Prepaid expenses and other |
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11,278 |
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14,940 |
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Total current assets |
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845,161 |
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729,599 |
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Theatre properties and equipment |
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Land |
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102,490 |
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95,411 |
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Buildings |
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398,151 |
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414,838 |
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Property under capital lease |
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244,022 |
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299,322 |
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Theatre furniture and equipment |
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748,756 |
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806,601 |
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Leasehold interests and improvements |
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790,710 |
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786,624 |
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Total |
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2,284,129 |
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2,402,796 |
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Less accumulated depreciation and amortization |
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979,171 |
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975,606 |
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Theatre properties and equipment, net |
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1,304,958 |
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1,427,190 |
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Other assets |
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Goodwill |
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1,150,811 |
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1,288,090 |
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Intangible assets net |
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330,741 |
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356,144 |
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Investment in NCM |
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78,123 |
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178,853 |
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Investments in and advances to affiliates |
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38,201 |
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59,657 |
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Long-term deferred tax asset |
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13,187 |
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330 |
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Deferred charges and other assets net |
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102,044 |
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104,300 |
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Total other assets |
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1,713,107 |
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1,987,374 |
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Total assets |
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$ |
3,863,226 |
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$ |
4,144,163 |
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Liabilities and equity |
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Current liabilities |
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Current portion of long-term debt |
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$ |
9,546 |
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$ |
9,856 |
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Current portion of capital lease obligations |
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11,064 |
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13,847 |
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Current income tax payable |
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8,891 |
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22,081 |
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Current deferred tax liability |
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71 |
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Current liability for uncertain tax positions |
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14,900 |
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963 |
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Accounts payable |
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70,833 |
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93,697 |
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Accrued film rentals |
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65,059 |
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79,417 |
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Accrued payroll |
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39,443 |
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41,639 |
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Accrued other current liabilities |
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118,468 |
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134,141 |
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Total current liabilities |
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338,204 |
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395,712 |
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Long-term liabilities |
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Long-term debt, less current portion |
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1,754,464 |
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1,822,944 |
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Capital lease obligations, less current portion |
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139,107 |
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202,509 |
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Long-term deferred tax liability |
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177,960 |
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148,746 |
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Long-term liability for uncertain tax positions |
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19,575 |
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19,167 |
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Deferred lease expenses |
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38,297 |
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43,552 |
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Deferred revenue NCM |
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241,305 |
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334,429 |
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Other long-term liabilities |
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59,330 |
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74,687 |
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Total long-term liabilities |
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2,430,038 |
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2,646,034 |
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Commitments and contingencies (see Note 21) |
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Equity |
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Cinemark Holdings, Inc.s stockholders equity |
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Common stock, $0.001 par value: 300,000,000 shares authorized; |
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118,502,752 shares issued and 114,949,667 shares outstanding at December 31, 2012 and 119,077,473 shares issued and 115,382,538
shares outstanding at December 31, 2013 |
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118 |
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119 |
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Additional paid-in-capital |
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1,064,016 |
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1,079,304 |
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Treasury stock, 3,553,085 and 3,694,935 common shares at cost at December 31, 2012 and December 31, 2013,
respectively |
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(48,482 |
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(51,946 |
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Retained earnings |
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106,111 |
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147,764 |
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Accumulated other comprehensive loss |
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(37,698 |
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(81,819 |
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Total Cinemark Holdings, Inc.s stockholders equity |
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1,084,065 |
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1,093,422 |
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Noncontrolling interests |
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10,919 |
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8,995 |
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Total equity |
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1,094,984 |
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1,102,417 |
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Total liabilities and equity |
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$ |
3,863,226 |
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$ |
4,144,163 |
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The accompanying notes are an integral part of the consolidated financial statements.
F-3
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