Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 459,160 $ 74,161
Restricted cash and cash equivalents 102,165 73,062
Accounts and interest receivable 3,043 4,699
LNG inventory 6,562 1,212
Prepaid expenses and other 20,522 12,476
Total current assets 591,452 165,610
Non-current restricted cash and cash equivalents 82,892 82,892
Property, plant and equipment, net 2,107,129 2,157,597
Debt issuance costs, net 33,356 41,656
Goodwill 76,819 76,819
Intangible LNG assets 4,782 6,067
Other 18,895 22,866
Total assets 2,915,325 2,553,507
Current liabilities    
Current debt, net of discount 492,724 0
Accrued liabilities 63,074 38,459
Deferred revenue 26,628 26,592
Accounts payable 1,103 1,283
Other 1,431 0
Total current liabilities 584,960 66,334
Long-term debt, net of discount 2,465,113 2,918,579
Long-term debt-related parties, net of discount 9,598 8,930
Long-term deferred revenue 25,500 29,994
Other non-current liabilities 3,146 2,280
Commitments and contingencies      
Stockholders' deficit    
Preferred stock, $.0001 par value, 5.0 million shares authorized, none issued 0 0
Common stock, $.003 par value, Authorized: 240.0 million shares at December 31, 2011 and 2010, Issued and outstanding: 129.5 million and 67.8 million shares at December 31, 2011 and 2010, respectively 389 204
Treasury stock: 3.4 million and 1.5 million shares at December 31, 2011 and 2010, respectively (20,195) (4,338)
Additional paid-in-capital 898,702 404,125
Accumulated deficit (1,260,205) (1,061,449)
Accumulated other comprehensive income (258) (173)
Total stockholders' deficit (381,567) (661,631)
Non-controlling interest 208,575 189,021
Total deficit (172,992) (472,610)
Total liabilities and deficit $ 2,915,325 $ 2,553,507