Supplemental Condensed Consolidating Balance Sheet |
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET As of March 31, 2016
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Parent Company | | SGI | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminating Entries | | Consolidated | Assets | | | | | | | | | | | | | Cash and cash equivalents | | $ | 61.8 |
| | $ | 0.1 |
| | $ | 2.3 |
| | $ | 81.5 |
| | $ | — |
| | $ | 145.7 |
| Restricted cash | | — |
| | — |
| | 21.1 |
| | 0.1 |
| | — |
| | 21.2 |
| Accounts receivable, net | | — |
| | 89.4 |
| | 225.4 |
| | 157.3 |
| | — |
| | 472.1 |
| Notes receivable, net | | — |
| | — |
| | 110.8 |
| | 51.0 |
| | — |
| | 161.8 |
| Inventories | | — |
| | 45.7 |
| | 96.6 |
| | 129.0 |
| | (11.4 | ) | | 259.9 |
| Prepaid expenses, deposits and other current assets | | 23.5 |
| | 3.9 |
| | 41.0 |
| | 56.3 |
| | — |
| | 124.7 |
| Property and equipment, net | | 7.3 |
| | 98.2 |
| | 468.2 |
| | 172.1 |
| | (11.0 | ) | | 734.8 |
| Investment in subsidiaries | | 3,234.8 |
| | 853.4 |
| | 784.4 |
| | — |
| | (4,872.6 | ) | | — |
| Goodwill | | — |
| | 186.0 |
| | 1,990.5 |
| | 835.5 |
| | — |
| | 3,012.0 |
| Intangible assets, net | | 215.1 |
| | 39.3 |
| | 1,459.1 |
| | 232.5 |
| | — |
| | 1,946.0 |
| Intercompany balances | | — |
| | 6,576.5 |
| | — |
| | — |
| | (6,576.5 | ) | | — |
| Software, net | | 44.2 |
| | 26.9 |
| | 344.8 |
| | 54.0 |
| | — |
| | 469.9 |
| Other assets | | 250.8 |
| | 121.4 |
| | 46.5 |
| | 247.6 |
| | (323.7 | ) | | 342.6 |
| Total assets | | $ | 3,837.5 |
| | $ | 8,040.8 |
| | $ | 5,590.7 |
| | $ | 2,016.9 |
| | $ | (11,795.2 | ) | | $ | 7,690.7 |
| Liabilities and stockholders' (deficit) equity | | | | | | | | | | | | | Current portion of long-term debt | | $ | — |
| | $ | 43.0 |
| | $ | — |
| | $ | 7.0 |
| | $ | — |
| | $ | 50.0 |
| Other current liabilities | | 50.4 |
| | 190.8 |
| | 231.9 |
| | 146.0 |
| | — |
| | 619.1 |
| Long-term debt, excluding current portion | | 248.2 |
| | 7,873.2 |
| | — |
| | 15.7 |
| | — |
| | 8,137.1 |
| Other long-term liabilities | | 185.0 |
| | 15.3 |
| | 501.4 |
| | 90.3 |
| | (323.6 | ) | | 468.4 |
| Intercompany balances | | 4,937.8 |
| | — |
| | 1,536.5 |
| | 102.2 |
| | (6,576.5 | ) | | — |
| Stockholders' (deficit) equity | | (1,583.9 | ) | | (81.5 | ) | | 3,320.9 |
| | 1,655.7 |
| | (4,895.1 | ) | | (1,583.9 | ) | Total liabilities and stockholders' (deficit) equity | | $ | 3,837.5 |
| | $ | 8,040.8 |
| | $ | 5,590.7 |
| | $ | 2,016.9 |
| | $ | (11,795.2 | ) | | $ | 7,690.7 |
|
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET As of December 31, 2015 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Parent Company | | SGI | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminating Entries | | Consolidated | Assets | | | | | | | | | | | | | Cash and cash equivalents | | $ | 43.2 |
| | $ | — |
| | $ | 4.7 |
| | $ | 80.8 |
| | $ | — |
| | $ | 128.7 |
| Restricted cash | | — |
| | — |
| | 20.0 |
| | 0.2 |
| | — |
| | 20.2 |
| Accounts receivable, net | | — |
| | 94.6 |
| | 233.6 |
| | 158.9 |
| | — |
| | 487.1 |
| Notes receivable, net | | — |
| | — |
| | 114.2 |
| | 53.5 |
| | — |
| | 167.7 |
| Inventories | | — |
| | 36.9 |
| | 104.2 |
| | 119.6 |
| | (12.2 | ) | | 248.5 |
| Prepaid expenses, deposits and other current assets | | 26.8 |
| | 7.0 |
| | 52.1 |
| | 37.4 |
| | — |
| | 123.3 |
| Property and equipment, net | | 8.2 |
| | 106.4 |
| | 502.2 |
| | 188.7 |
| | (11.5 | ) | | 794.0 |
| Investment in subsidiaries | | 3,280.9 |
| | 838.1 |
| | 648.3 |
| | — |
| | (4,767.3 | ) | | — |
| Goodwill | | — |
| | 186.0 |
| | 1,990.5 |
| | 837.2 |
| | — |
| | 3,013.7 |
| Intangible assets, net | | 138.3 |
| | 39.8 |
| | 1,505.8 |
| | 236.1 |
| | — |
| | 1,920.0 |
| Intercompany balances | | — |
| | 6,511.1 |
| | — |
| | — |
| | (6,511.1 | ) | | — |
| Software, net | | 35.6 |
| | 32.7 |
| | 359.8 |
| | 57.8 |
| | — |
| | 485.9 |
| Other assets | | 232.5 |
| | 123.4 |
| | 51.7 |
| | 241.7 |
| | (306.2 | ) | | 343.1 |
| Total assets | | $ | 3,765.5 |
| | $ | 7,976.0 |
| | $ | 5,587.1 |
| | $ | 2,011.9 |
| | $ | (11,608.3 | ) | | $ | 7,732.2 |
| Liabilities and stockholders' (deficit) equity | | | | | | | | | | | | | Current portion of long-term debt | | $ | — |
| | $ | 43.0 |
| | $ | — |
| | $ | 7.3 |
| | $ | — |
| | $ | 50.3 |
| Other current liabilities | | 63.7 |
| | 150.5 |
| | 245.4 |
| | 144.0 |
| | — |
| | 603.6 |
| Long-term debt, excluding current portion | | 248.0 |
| | 7,890.3 |
| | — |
| | 18.4 |
| | — |
| | 8,156.7 |
| Other long-term liabilities | | 119.1 |
| | 14.5 |
| | 502.1 |
| | 87.7 |
| | (306.3 | ) | | 417.1 |
| Intercompany balances | | 4,830.2 |
| | — |
| | 1,558.2 |
| | 122.6 |
| | (6,511.0 | ) | | — |
| Stockholders' (deficit) equity | | (1,495.5 | ) | | (122.3 | ) | | 3,281.4 |
| | 1,631.9 |
| | (4,791.0 | ) | | (1,495.5 | ) | Total liabilities and stockholders' (deficit) equity | | $ | 3,765.5 |
| | $ | 7,976.0 |
| | $ | 5,587.1 |
| | $ | 2,011.9 |
| | $ | (11,608.3 | ) | | $ | 7,732.2 |
|
|
Supplemental Condensed Consolidating Statement of Cash Flows |
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2016 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Parent Company | | SGI | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminating Entries | | Consolidated | Net cash (used in) provided by operating activities | | $ | (70.0 | ) | | $ | 88.7 |
| | $ | 57.7 |
| | $ | 24.7 |
| | $ | — |
| | $ | 101.1 |
| Cash flows from investing activities: | | |
| | |
| | |
| | |
| | |
| | | Capital expenditures | | (5.8 | ) | | (2.6 | ) | | (37.0 | ) | | (5.8 | ) | | — |
| | (51.2 | ) | Distributions of capital on equity investments | | — |
| | — |
| | — |
| | 1.5 |
| | — |
| | 1.5 |
| Restricted Cash | | — |
| | — |
| | (0.6 | ) | | — |
| | — |
| | (0.6 | ) | Changes in other assets and liabilities and other | | — |
| | — |
| | 1.6 |
| | (0.1 | ) | | — |
| | 1.5 |
| Other, principally change in intercompany investing activities | | — |
| | (60.3 | ) | | — |
| | — |
| | 60.3 |
| | — |
| Net cash used in investing activities | | (5.8 | ) | | (62.9 | ) | | (36.0 | ) | | (4.4 | ) | | 60.3 |
| | (48.8 | ) | Cash flows from financing activities: | | | | | | | | | | | | | Net payments of long-term debt | | — |
| | (25.8 | ) | | — |
| | (1.7 | ) | | — |
| | (27.5 | ) | Payments on license obligations | | (8.4 | ) | | — |
| | (1.2 | ) | | — |
| | — |
| | (9.6 | ) | Other, principally change in intercompany financing activities | | 102.8 |
| | — |
| | (22.9 | ) | | (19.6 | ) | | (60.3 | ) | | — |
| Net cash provided by (used in) financing activities | | 94.4 |
| | (25.8 | ) | | (24.1 | ) | | (21.3 | ) | | (60.3 | ) | | (37.1 | ) | Effect of exchange rate changes on cash and cash equivalents | | — |
| | 0.1 |
| | — |
| | 1.7 |
| | — |
| | 1.8 |
| Increase (decrease) in cash and cash equivalents | | 18.6 |
| | 0.1 |
| | (2.4 | ) | | 0.7 |
| | — |
| | 17.0 |
| Cash and cash equivalents, beginning of period | | 43.2 |
| | — |
| | 4.7 |
| | 80.8 |
| | — |
| | 128.7 |
| Cash and cash equivalents, end of period | | $ | 61.8 |
| | $ | 0.1 |
| | $ | 2.3 |
| | $ | 81.5 |
| | $ | — |
| | $ | 145.7 |
|
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS Three Months Ended March 31, 2015 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Parent Company | | SGI | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminating Entries | | Consolidated | Net cash provided by (used in) operating activities | | $ | 59.9 |
| | $ | 45.8 |
| | $ | (163.4 | ) | | $ | 135.5 |
| | $ | — |
| | $ | 77.8 |
| Cash flows from investing activities: | | | | | | | | | | | | | Capital expenditures | | (5.9 | ) | | (3.1 | ) | | (50.5 | ) | | (12.6 | ) | | — |
| | (72.1 | ) | Distributions of capital on equity investments | | — |
| | — |
| | — |
| | 3.8 |
| | — |
| | 3.8 |
| Other, principally change in intercompany investing activities | | — |
| | (26.2 | ) | | — |
| | — |
| | 26.2 |
| | — |
| Net cash (used in) provided by investing activities | | (5.9 | ) | | (29.3 | ) | | (50.5 | ) | | (8.8 | ) | | 26.2 |
| | (68.3 | ) | Cash flows from financing activities: | | | | | | | | | | | |
|
| Net payments on long-term debt | | — |
| | (15.8 | ) | | — |
| | (1.2 | ) | | — |
| | (17.0 | ) | Payments on license obligations | | (7.5 | ) | | — |
| | (1.5 | ) | | — |
| | — |
| | (9.0 | ) | Net redemptions of common stock under stock-based compensation plans | | (0.7 | ) | | — |
| | — |
| | — |
| | — |
| | (0.7 | ) | Other, principally change in intercompany financing activities | | (26.0 | ) | | — |
| | 206.2 |
| | (154.0 | ) | | (26.2 | ) | | — |
| Net cash (used in) provided by financing activities | | (34.2 | ) | | (15.8 | ) | | 204.7 |
| | (155.2 | ) | | (26.2 | ) | | (26.7 | ) | Effect of exchange rate changes on cash and cash equivalents | | — |
| | (0.5 | ) | | — |
| | (2.9 | ) | | — |
| | (3.4 | ) | Increase (decrease) in cash and cash equivalents | | 19.8 |
| | 0.2 |
| | (9.2 | ) | | (31.4 | ) | | — |
| | (20.6 | ) | Cash and cash equivalents, beginning of period | | 37.9 |
| | 0.1 |
| | 28.8 |
| | 105.0 |
| | — |
| | 171.8 |
| Cash and cash equivalents, end of period | | $ | 57.7 |
| | $ | 0.3 |
| | $ | 19.6 |
| | $ | 73.6 |
| | $ | — |
| | $ | 151.2 |
|
|