INTELSAT S.A. I Balance Sheet

Intelsat s.a. (I)

Balance Sheet / Quarterly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
ASSETS
Current assets:
Cash and cash equivalents
810	485	525	666	171	123	247	187
Restricted cash
20	22	16	0	-	-	-	-
Receivables, net of allowances of $28,542 in 2018 and $40,028 in 2019
255	271	221	203	232	220	236	282
Contract assets
47	45	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	76	44	94
Prepaid expenses and other current assets
39	24	56	55	35	35	33	38
Total current assets
1,173	847	819	924	440	455	561	603
Satellites and other property and equipment, net
4,702	5,511	5,923	6,185	5,988	5,880	5,805	6,355
Goodwill
2,620	2,620	2,620	2,620	2,620	6,780	6,780	6,780
Indefinite-lived Intangible Assets (Excluding Goodwill)
2,452	2,452	2,452	2,452	2,452	2,458	2,458	2,458
Amortizable intangible assets, net
276	311	349	391	440	500	568	651
Contract assets, net of current portion
74	96	-	-	-	-	-	-
Other assets
504	401	443	365	311	250	414	417
Total assets
11,804	12,241	12,610	12,942	12,253	16,326	16,589	17,265
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current liabilities:
Accounts payable and accrued liabilities
88	108	116	215	164	151	145	178
Taxes payable
6	5	12	16	11	8	9	9
Employee related liabilities
44	29	29	50	35	44	28	46
Accrued interest payable
308	284	263	204	161	161	186	367
Contract liabilities
137	137	-	-	-	-	-	-
Current portion of long-term debt
-	-	96	0	-	49	24	57
Deferred satellite performance incentives
42	35	25	23	19	20	22	21
Deferred revenue
-	-	149	157	108	117	84	84
Other current liabilities
62	59	47	64	63	72	72	72
Total current liabilities
690	660	740	733	564	627	573	838
Long-term debt, net of current portion
14,465	14,028	14,112	14,198	14,611	14,619	15,262	15,846
Contract liabilities, net of current portion
1,113	1,131	-	-	-	-	-	-
Deferred satellite performance incentives, net of current portion
175	210	215	210	162	163	153	172
Deferred income taxes
55	82	48	168	160	211	202	286
Deferred revenue, net of current portion
-	-	794	906	1,010	967	888	834
Accrued retirement benefits
125	133	191	186	195	262	196	299
Other long-term liabilities
166	77	296	148	169	217	246	300
Commitments and contingencies (Notes 15 and 16)
-	-	-	-	0	0	0	0
Shareholders’ deficit:
Common shares; nominal value $0.01 per share
1	1	1	1	1	1	1	0
5.75% Series A mandatory convertible junior non-voting preferred shares; nominal value $0.01 per share; aggregate liquidation preference of $172,500 ($50 per share)
-	-	-	-	0	0	0	-
Paid-in capital
2,565	2,551	2,173	2,156	2,133	2,117	2,099	1,519
Accumulated deficit
-7,503	-6,606	-5,894	-5,715	-6,706	-2,782	-3,015	-2,759
Accumulated other comprehensive loss
-63	-43	-87	-76	-78	-112	-60	-118
Stockholders' Equity Attributable to Parent
-4,999	-4,097	-3,807	-3,634	-4,649	-776	-975	-1,357
Noncontrolling interest
11	14	19	24	29	33	40	45
Total liabilities and shareholders’ deficit
11,804	12,241	12,610	12,942	12,253	16,326	16,589	17,265