Statements of Activities - Condensed (in thousands)
		2006			2005
Ministry Support and Revenues:
	Ministry support	$ 253,947	58.1%		$ 239,620	51.8%
	Gifts in kind	173,621	39.7%		217,685	47.1%
	Investment income and other revenue, net	9,785	2.2%		5,258	1.1%
	Total Ministry Support and Revenues	437,353			462,563
Ministry Expenses:
	Ministry and program	(368,206)			(382,988)
	Fundraising	(29,538)			(26,295)
	General and administrative	(16,371)			(14,903)
	Total Ministry Expenses	(414,115)			(424,186)
Other gains and losses, net		64			(2,888)
Increase in Net Assets		$ 23,302			$ 35,489
Balance Sheets - Condensed (in thousands)
		2006			2005
Assets:
	Cash and investments	$ 57,395			$ 42,246
	Pledges and contributions receivable, net	50,745			47,668
	Gifts in kind inventories	6,652			27,038
	Other current assets	5,167			4,747
	Fixed assets, net of depreciation	60,182			59,719
	Trust assets	69,979			69,954
	Other assets	940			1,323
	Total Assets	$ 251,060			$ 252,695
Liabilities:
	Deferred gifts in kind revenue	$ 6,652			$ 27,038
	Other current liabilities	14,990			13,944
	Long-term debt and capital leases	9,916			15,513
	Total Liabilities	31,558			56,495
Net Assets		219,502			196,200
Total Liabilities and Net Assets		$ 251,060			$ 252,695

 

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For a copy of CBN's complete financial statements audited by our independent auditors,
KPMG LLP, please write to:

Public Relations Department
The Christian Broadcasting Network, Inc.
977 Centerville Turnpike
Virginia Beach, Virginia 23463-0001 

CBN is a member of the Evangelical Council for Financial Accountability (ECFA).