Statements of Activities - Condensed (in thousands)
		2007			2006
Ministry Support and Revenues:
	Ministry support	$ 248,178	53.1%		$ 253,947	58.1%
	Gifts in kind	212,290	45.4%		173,621	39.7%
	Investment income and other revenue, net	7,233	1.5%		9,785	2.2%
	Total Ministry Support and Revenues	467,701			437,353
Ministry Expenses:
	Ministry and program	(424,007)			(368,206)
	Fundraising	(30,413)			(29,538)
	General and administrative	(18,016)			(16,371)
	Total Ministry Expenses	(472,436)			(414,115)
Other gains and losses, net		114			64
Increase (decrease) in Net Assets		($ 4,621)			$ 23,302
Balance Sheets - Condensed (in thousands)
		2007			2006
Assets:
	Cash and investments	$ 54,021			$ 57,395
	Pledges and contributions receivable, net	47,970			50,745
	Gifts in kind inventories	11,604			6,652
	Other current assets	5,649			5,167
	Fixed assets, net of depreciation	67,870			60,182
	Trust assets	70,111			69,979
	Other assets	632			940
	Total Assets	$ 257,857			$ 251,060
Liabilities:
	Deferred gifts in kind revenue	$ 11,605			$ 6,652
	Other current liabilities	18,571			14,990
	Long-term debt and capital leases	12,800			9,916
	Total Liabilities	42,976			31,558
Net Assets		214,881			219,502
Total Liabilities and Net Assets		$ 257,857			$ 251,060

 

---

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).