Level 3 Communications Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	756.00M	928.00M	1.72B	1.216B	1.082B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	683.00M	648.00M	337.00M	294.00M	295.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets	164.00M	131.00M	104.00M	112.00M	109.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	1.603B	1.707B	2.161B	1.622B	1.486B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	8.164B	8.136B	5.117B	5.228B	5.276B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	2.83B	2.899B	1.728B	1.752B	1.776B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	477.00M	446.00M	248.00M	260.00M	264.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	11.47B	11.48B	7.093B	7.24B	7.316B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	13.07B	13.19B	9.254B	8.862B	8.802B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt	227.00M	65.00M	265.00M	875.00M	449.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	724.00M	747.00M	342.00M	336.00M	328.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	280.00M	425.00M	266.00M	234.00M	173.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues	259.00M	264.00M	140.00M	144.00M	151.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities	145.00M	157.00M	90.00M	83.00M	79.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	1.635B	1.658B	1.103B	1.672B	1.18B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt	8.199B	8.385B	7.42B	6.349B	6.618B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	1.047B	1.067B	512.00M	528.00M	532.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	10.13B	10.34B	8.674B	7.622B	7.887B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	11.76B	12.00B	9.777B	9.294B	9.067B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	216.22M	207.91M	118.90M	114.26M	113.97M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	2.00M	2.00M	18.00M	17.00M	17.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	13.92B	13.71B	11.80B	11.66B	11.65B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	-12.57B	-12.44B	-12.27B	-12.06B	-11.88B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	1.309B	1.193B	-523.00M	-432.00M	-265.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	13.07B	13.19B	9.254B	8.862B	8.802B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro