2010 Annual Report    61  CONDENSED CONSOLIDATED BALANCE SHEET  AS OF DECEMBER 31, 2010  (In thousands)  Sinclair  Broadcast  Group, Inc.  Sinclair  Television  Group, Inc. Guarantor  Subsidiaries  and KDSM,  LLC  Non- Guarantor  Subsidiaries Eliminations Sinclair  Consolidated Cash  $ —  $ 5,071  $ 1,022  $ 15,881  $ —  $ 21,974  Restricted cash - current  — 5,058 — — — 5,058 Accounts and other receivables  43  99  115,615  5,765  (151)  121,371  Other current assets  1,477 5,492 46,231 2,962 (284) 55,878 Total current assets  1,520  15,720  162,868  24,608  (435)  204,281  Property and equipment, net  9,856  2,669  169,260  97,219  (6,773)  272,231  Investment in consolidated subsidiaries  —  609,737  —  —  (609,737)  —  Restricted cash – long term  — — 223 — — 223 Other long-term assets  79,184  318,137  10,207  89,956  (380,339)  117,145  Total other long-term assets  79,184 927,874 10,430 89,956 (990,076) 117,368 Acquired intangible assets  —  —  829,884  64,694  (2,534)  892,044  Total assets  $  90,560 $  946,263 $ 1,172,442 $  276,477 $ (999,818) $ 1,485,924 Accounts payable and accrued liabilities  $ 512  $ 19,733  $ 46,734  $ 8,110  $ (1,066)  $ 74,023  Current portion of long-term debt  363 3,300 391 15,502 — 19,556 Current portion of affiliate long-term debt  870  —  2,326  113  (113)  3,196  Other current liabilities  — — 70,428 693 — 71,121 Total current liabilities  1,745  23,033  119,879  24,418  (1,179)  167,896  Long-term debt  79,091 995,269 38,098 57,282 — 1,169,740 Affiliate long-term debt  8,403  —  11,170  224,207  (224,207)  19,573  Dividends in excess of investment in  consolidated subsidiaries  122,994  —  —  —  (122,994)  —  Other liabilities  43,750  1,709  394,192  47,154  (201,008)  285,797  Total liabilities  255,983 1,020,011 563,339 353,061 (549,388) 1,643,006 Common stock  804  —  10  282  (292)  804  Additional paid-in capital  609,640 123,695 445,577 78,637 (647,909) 609,640 Accumulated (deficit) earnings  (771,953)  (195,049)  165,316  (154,656)  184,389  (771,953)  Accumulated other comprehensive loss  (3,914) (2,394) (1,800) (847) 5,041 (3,914) Total Sinclair Broadcast Group  shareholders’ (deficit) equity  (165,423)  (73,748)  609,103  (76,584)  (458,771)  (165,423)  Noncontrolling interest in consolidated  subsidiaries  — — — — 8,341 8,341 Total liabilities and equity (deficit)  $ 90,560  $ 946,263  $ 1,172,442  $ 276,477  $ (999,818)  $ 1,485,924 