Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts

Schedule

SPANISH BROADCASTING SYSTEM, INC.

AND SUBSIDIARIES

Financial Statement Schedule – Valuation and Qualifying Accounts

Years ended December 31, 2013 and 2012

(In thousands)

	Balance at		Charged to			Charged
	beginning of		cost and			to other					Balance at
	year		expense			accounts (1)			Deductions (2)		end of year
Year ended December 31, 2012:
Allowance for doubtful accounts	$	844		1,091			—			343		1,592
Valuation allowance on deferred taxes		134,105		(4,141	)		31			—		129,995
Year ended December 31, 2013:
Allowance for doubtful accounts	$	1,592		1,085			—			473		2,204
Valuation allowance on deferred taxes		129,995		4,976			(90	)		—		134,881

(1) Amounts charged to other comprehensive income related to derivative instruments.

(2) Cash write-offs, net of recoveries.

See accompanying report of independent registered public accounting firm.