LESOP

AcronymDefinition
LESOPLeveraged Employee Stock Ownership Plan
LESOPLeighton Executive Share Option Plan (Australia)
References in periodicals archive ?
Common shares 8,228 8,056 Cumulative deficit (115) (458) LESOP guarantee (127) (187) Foreign currency translation adjustments (38) (29) Total common shareowners' equity 7,948 7,382 Total liabilities & shareowners' equity $25,071 $23,204 U S WEST, Inc.
Common shareowners' equity: Common shares 8,092 8,056 Cumulative deficit (360) (458) LESOP guarantee (187) (187) Foreign currency translation adjustments (13) (29)
holding solely Company-guaranteed debentures 600 - Preferred stock subject to mandatory redemption 51 51 Media Group equity 4,599 4,390 Company LESOP guarantee (127) (187) Total equity 4,472 4,203 Total liabilities and equity $8,615 $7,394 U S WEST MEDIA GROUP COMBINED STATEMENTS OF CASH FLOWS (UNAUDITED) Year Ended December 31, In millions 1995 1994
Common stock 43 43 Additional paid-in capital 3,493 6,372 Reinvested earnings 2,257 2,040 Less: treasury stock (254) (283) deferred compensation - LESOP trust (306) (386) Total shareowners' equity 5,233 7,786 Total liabilities and shareowners' equity $ 20,139 $ 23,437
Common shares 8,161 8,056 Cumulative deficit (223) (458) LESOP guarantee (157) (187)
Common shareowners' equity: Common shares 8,056 6,996 Accumulated deficit (458) (857) LESOP guarantee (187) (243) Foreign currency translation adjustments (29) (35) Total common shareowners' equity 7,382 5,861 Total liabilities and shareowners' equity $23,204 $20,680
Common shares 8,123 8,056 Cumulative deficit (282) (458) LESOP guarantee (157) (187) Foreign currency translation adjustments (5) (29) Total common shareowners' equity 7,679 7,382 Total liabilities and shareowners' equity $24,193 $23,204 CONSOLIDATED STATEMENTS OF U S WEST, Inc.
NO DEBT SERVICE TO BE PAID ON COLUMBIA GAS LESOP DEBENTURES
Under the terms of the company's guarantee of the debentures, the LESOP debentureholders will become creditors of the company, subordinated to holders of debentures and medium term notes issued by the company.