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INDENTURE CONVENANTS (Tables)
9 Months Ended
Sep. 30, 2012
INDENTURE COVENANTS [Abstract]  
Scheduel of Indenture Covenants
Below is selected financial information for CME Ltd., its Restricted Subsidiaries and its Unrestricted Subsidiaries as required by 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 September 30, 2012
Net revenues
$
140,092

 
$

 
$

 
$
140,092

Depreciation of property, plant and equipment
11,233

 

 

 
11,233

Amortization of broadcast licenses and other intangibles
10,198

 

 

 
10,198

Operating loss
(18,394
)
 
(7
)
 

 
(18,401
)
Net loss attributable to CME Ltd.
$
(31,274
)
 
$
(775
)
 
$

 
$
(32,049
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2012
Net revenues
$
518,747

 
$

 
$

 
$
518,747

Depreciation of property, plant and equipment
32,175

 

 

 
32,175

Amortization of broadcast licenses and other intangibles
35,396

 

 

 
35,396

Operating loss
(5,040
)
 
(14
)
 

 
(5,054
)
Net loss attributable to CME Ltd.
$
(41,207
)
 
$
(278
)
 
$

 
$
(41,485
)
 
 
 
 
 
 
 
 
Consolidated Balance Sheet:
 
As at September 30, 2012
Cash and cash equivalents
$
124,452

 
$
1,206

 
$

 
$
125,658

Third party debt (1)
1,312,233

 

 

 
1,312,233

Total assets
2,753,661

 
1,202

 
(5
)
 
2,754,858

Total CME Ltd. shareholders' equity
$
1,099,319

 
$
1,096

 
$

 
$
1,100,415


(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 September 30, 2011
Net revenues
$
165,513

 
$

 
$
(41
)
 
$
165,472

Depreciation of property, plant and equipment
13,075

 

 

 
13,075

Amortization of broadcast licenses and other intangibles
7,957

 

 

 
7,957

Operating loss
(12,821
)
 
(89
)
 

 
(12,910
)
Net loss attributable to CME Ltd.
$
(82,000
)
 
$
(74
)
 
$

 
$
(82,074
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30, 2011
Net revenues
$
584,889

 
$
3,092

 
$
(81
)
 
$
587,900

Depreciation of property, plant and equipment
39,670

 
1,315

 

 
40,985

Amortization of broadcast licenses and other intangibles
23,393

 

 

 
23,393

Operating income / (loss)
24,221

 
(5,323
)
 

 
18,898

Net loss attributable to CME Ltd.
$
(91,801
)
 
$
(10,419
)
 
$

 
$
(102,220
)
 
 
 
 
 
 
 
 
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.