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INDENTURE CONVENANTS (Tables)
6 Months Ended
Jun. 30, 2012
INDENTURE COVENANTS [Abstract]  
Indenture Covenants [Table Text Block]
Below is selected financial information for CME Ltd., its Restricted Subsidiaries and its Unrestricted Subsidiaries as required by the 2014 Indenture, the 2016 Indenture and the 2017 Indenture:

 
Issuer and Restricted Subsidiaries

 
Unrestricted Subsidiaries

 
Inter-group eliminations

 
Total

Consolidated Statement of Operations:
 
 
 
 
 
 
 
 
For the Three Months Ended June 30, 2012
Net revenues
$
211,222

 
$

 
$

 
$
211,222

Depreciation of property, plant and equipment
9,867

 

 

 
9,867

Amortization of broadcast licenses and other intangibles
12,715

 

 

 
12,715

Operating income
23,653

 
(3
)
 

 
23,650

Net income attributable to CME Ltd.
$
2,985

 
$
971

 
$

 
$
3,956

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2012
Net revenues
$
378,655

 
$

 
$

 
$
378,655

Depreciation of property, plant and equipment
20,942

 

 

 
20,942

Amortization of broadcast licenses and other intangibles
25,198

 

 

 
25,198

Operating income
13,354

 
(7
)
 

 
13,347

Net (loss) / income attributable to CME Ltd.
$
(9,932
)
 
$
496

 
$

 
$
(9,436
)
 
 
 
 
 
 
 
 
Consolidated Balance Sheet:
 
As at June 30, 2012
Cash and cash equivalents
$
123,387

 
$
1,427

 
$

 
$
124,814

Third party debt (1)
1,216,028

 

 

 
1,216,028

Total assets
2,596,917

 
1,474

 
(668
)
 
2,597,723

Total CME Ltd. shareholders' equity
$
1,028,435

 
$
705

 
$

 
$
1,029,140


(1)
Third party debt is defined as credit facilities and capital leases or debt with entities that are not part of the CME Ltd. consolidated group.

 
Issuer and Restricted Subsidiaries

 
Unrestricted Subsidiaries

 
Inter-group eliminations

 
Total

Consolidated Statement of Operations:
 
 
For the Three Months Ended June 30, 2011
Net revenues
$
247,754

 
$
1,943

 
$
(41
)
 
$
249,656

Depreciation of property, plant and equipment
13,960

 
533

 

 
14,493

Amortization of broadcast licenses and other intangibles
7,809

 

 

 
7,809

Operating income / (loss)
41,158

 
(1,685
)
 

 
39,473

Net income / (loss) attributable to CME Ltd.
$
4,859

 
$
(3,891
)
 
$

 
$
968

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2011
Net revenues
$
419,377

 
$
3,092

 
$
(41
)
 
$
422,428

Depreciation of property, plant and equipment
26,595

 
1,315

 

 
27,910

Amortization of broadcast licenses and other intangibles
15,436

 

 

 
15,436

Operating income / (loss)
37,042

 
(5,234
)
 

 
31,808

Net loss attributable to CME Ltd.
$
(9,800
)
 
$
(10,346
)
 
$

 
$
(20,146
)
 
 
 
 
 
 
 
 
Consolidated Balance Sheet:
 
As at December 31, 2011
Cash and cash equivalents
$
184,935

 
$
1,451

 
$

 
$
186,386

Third party debt (1)
1,324,369

 

 

 
1,324,369

Total assets
2,864,664

 
1,451

 
(184,346
)
 
2,681,769

Total CME Ltd. shareholders' equity
$
1,183,974

 
$
1,327

 
$
(183,609
)
 
$
1,001,692


(1)
Third party debt is defined as credit facilities and capital leases or debt with entities that are not part of the CME Ltd consolidated group.