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, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 201,711 $ 459,160
Restricted cash and cash equivalents 520,263 102,165
Accounts and interest receivable 3,486 3,043
LNG inventory 7,045 6,562
Prepaid expenses and other 16,058 20,522
Total current assets 748,563 591,452
Non-current restricted cash and cash equivalents 272,924 82,892
Property, plant and equipment, net 3,282,305 2,107,129
Debt issuance costs, net 220,949 33,356
Goodwill 76,819 76,819
Intangible LNG assets 4,356 4,782
Other 33,169 18,895
Total assets 4,639,085 2,915,325
Current liabilities    
Accounts payable 74,360 1,103
Current debt, net of discount 0 492,724
Accrued liabilities 58,737 63,074
Deferred revenue 26,540 26,628
Other 126 1,431
Total current liabilities 159,763 584,960
Long-term debt, net of discount 2,167,113 2,465,113
Long-term debt-related parties, net of discount 0 9,598
Non-current derivative liabilities 26,424 0
Long-term deferred revenue 21,500 25,500
Other non-current liabilities 2,680 3,146
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: 480.0 million shares and 240.0 million shares at December 31, 2012 and 2011, respectively; Issued and outstanding: 223.4 million and 129.5 million shares at December 31, 2012 and 2011, respectively 671 389
Treasury stock: 4.7 million and 3.4 million shares at December 31, 2012 and 2011, respectively, at cost (39,115) (20,195)
Additional paid-in-capital 2,168,781 898,702
Accumulated deficit (1,592,985) (1,260,205)
Accumulated other comprehensive income (27,351) (258)
Total stockholders' equity (deficit) 510,001 (381,567)
Non-controlling interest 1,751,604 208,575
Total equity (deficit) 2,261,605 (172,992)
Total liabilities and equity (deficit) $ 4,639,085 $ 2,915,325