Media General Inc (MEG) financial statements (2021 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2015
| 12/31/2014
| 12/31/2013
| 12/31/2012
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 41 | 44 | 72 | 37 |
|
Cash and cash equivalents | 41 | 44 | 72 | 37 |
|
Short-term investments | 0 | 0 | | |
|
Restricted cash and investments | | 120 | | |
|
Receivables | 298 | 265 | 110 | 58 |
|
Prepaid expense and other current assets | ✕ | ✕ | ✕ | 18 |
|
Deferred tax assets | | 56 | 8 | |
|
Other undisclosed current assets | 15 | 39 | 14 | 1 |
|
Total current assets: | 355 | 525 | 203 | 114 |
|
Noncurrent Assets |
|
Property, plant and equipment | 471 | 495 | 285 | 166 |
|
Intangible assets, net (including goodwill) | 3,513 | 3,644 | 781 | 274 |
|
Goodwill | 1,545 | 1,608 | 541 | 247 |
|
Intangible assets, net (excluding goodwill) | 1,968 | 2,036 | 240 | 27 |
|
Other noncurrent assets | 70 | 79 | 35 | ✕ |
|
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 45 |
|
Deferred tax assets, net | | (356) | 43 | |
|
Other undisclosed noncurrent assets | | 356 | 573 | 174 |
|
Total noncurrent assets: | 4,054 | 4,218 | 1,718 | 659 |
|
TOTAL ASSETS: | 4,408 | 4,743 | 1,921 | 773 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 153 | 176 | 69 | 100 |
|
Accounts payable | 36 | 36 | 12 | 12 |
|
Accrued liabilities | 96 | 103 | 43 | |
|
Employee-related liabilities | 21 | 37 | 14 | 24 |
|
Accounts payable and other accrued liabilities | ✕ | ✕ | | 64 |
|
Debt | 5 | 13 | 11 | |
|
Liability for uncertainty in income taxes | | 25 | | |
|
Disposal group, including discontinued operation | | | | 0 |
|
Program rights obligations | | | | 8 |
|
Other undisclosed current liabilities | | (25) | | (31) |
|
Total current liabilities: | 157 | 188 | 80 | 76 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | 2,245 | 2,415 | 907 | 296 |
|
Long-term debt, excluding current maturities | 2,231 | 2,400 | 906 | 296 |
|
Capital lease obligations | 14 | 15 | 1 | 0 |
|
Liabilities, other than long-term debt | 533 | 612 | 1 | 301 |
|
Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | | 242 |
|
Deferred tax liabilities, net | 315 | 356 | | 59 |
|
Liability, pension and other postretirement and postemployment benefits | 183 | 211 | ✕ | ✕ |
|
Other liabilities | 35 | 38 | | |
|
Program rights obligations | | 6 | 1 | |
|
Other undisclosed noncurrent liabilities | | (6) | 198 | |
|
Total noncurrent liabilities: | 2,779 | 3,021 | 1,106 | 597 |
|
Total liabilities: | 2,936 | 3,209 | 1,186 | 673 |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent, including: | 1,448 | 1,499 | 737 | (176) |
|
Common stock | | 1,321 | | 139 |
|
Additional paid in capital | | | | 23 |
|
Accumulated other comprehensive income (loss) | (31) | (36) | 6 | (220) |
|
Retained earnings (accumulated deficit) | 174 | 215 | 161 | (118) |
|
Other undisclosed stockholders' equity attributable to parent | 1,305 | | 570 | |
|
Stockholders' equity attributable to noncontrolling interest | 24 | 34 | (2) | |
|
Other undisclosed stockholders' equity | | (34) | | |
|
Total stockholders' equity: | 1,472 | 1,499 | 735 | (176) |
|
Other undisclosed liabilities and equity | | 34 | | 276 |
|
TOTAL LIABILITIES AND EQUITY: | 4,408 | 4,743 | 1,921 | 773 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.