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INDENTURE CONVENANTS (Tables)
6 Months Ended
Jun. 30, 2011
INDENTURE COVENANTS [Abstract]  
Indenture Covenants [Table Text Block]
Selected financial information for CME Ltd. and its Restricted Subsidiaries and Unrestricted Subsidiaries as required by the 2007 Indenture, the 2009 Indenture and the 2010 Indenture was as follows:


 
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 June 30, 2011
Cash and cash equivalents
$
175,873


 
$
21,632


 
$


 
$
197,505


Third Party Debt (1)
1,406,422


 


 


 
1,406,422


Total assets
3,460,292


 
26,498


 
(313,363
)
 
3,173,427


Total CME Ltd. shareholder’s equity
$
1,525,534


 
$
22,108


 
$
(202,122
)
 
$
1,345,520




(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, 2010
Net revenues
$
201,965


 
$
990


 
$
(1,229
)
 
$
201,726


Depreciation of property, plant and equipment
12,151


 
924


 


 
13,075


Amortization of broadcast licenses and other intangibles
6,545


 


 


 
6,545


Operating income / (loss)
31,876


 
(6,403
)
 
(21
)
 
25,452


Net (loss) / income attributable to CME Ltd.
$
(107,789
)
 
$
272,979


 
$
(21
)
 
$
165,169


 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30, 2010
Net revenues
$
345,088


 
$
1,944


 
$
(1,665
)
 
$
345,367


Depreciation of property, plant and equipment
25,371


 
1,818


 


 
27,189


Amortization of broadcast licenses and other intangibles
11,694


 


 


 
11,694


Operating income / (loss)
22,793


 
(16,438
)
 
(36
)
 
6,319


Net (loss) / income attributable to CME Ltd.
$
(134,726
)
 
$
257,637


 
$
(36
)
 
$
122,875


 
 
 
 
 
 
 
 
Consolidated Balance Sheet:
 
As at December 31, 2010
Cash and cash equivalents
$
219,789


 
$
24,261


 
$


 
$
244,050


Third Party Debt (1)
1,359,330


 
454


 


 
1,359,784


Total assets
3,212,077


 
37,942


 
(309,469
)
 
2,940,550


Total CME Ltd. shareholder’s equity
$
1,493,511


 
$
(36,981
)
 
$
(229,651
)
 
$
1,226,879




(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.