Exhibit 99.8 — Schedule II. Valuation and Qualifying Accounts (adjusted to reflect the retrospective application of the consolidation accounting standard)
PART IV
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.
Item 15(a).
Schedule II. Valuation and Qualifying Accounts
Lions Gate Entertainment Corp.
March 31, 2010
(In Thousands)
COL. A. |
| COL. B. |
| COL. C. |
| COL. D. |
| COL. E. |
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Description |
| Balance at |
| Charged to Costs |
| Charged to |
| Deductions - |
| Balance at |
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Year Ended March 31, 2010: |
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Reserves: |
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Video returns and allowances |
| $ | 98,947 |
| $ | 178,865 |
| $ | 1,103 | (2) | $ | (190,937 | )(3) | $ | 87,978 |
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Provision for doubtful accounts |
| 9,847 |
| 1,412 |
| 624 | (2) | (4,207 | )(4) | 7,676 |
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Total |
| $ | 108,794 |
| $ | 180,277 |
| $ | 1,727 |
| $ | (195,144 | ) | $ | 95,654 |
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Year Ended March 31, 2009: |
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Reserves: |
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Video returns and allowances |
| $ | 95,515 |
| $ | 224,855 |
| $ | 7,000 | (2) | $ | (228,423 | )(3) | $ | 98,947 |
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Provision for doubtful accounts |
| 5,978 |
| 3,377 |
| 872 | (2) | (380 | )(4) | 9,847 |
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Total |
| $ | 101,493 |
| $ | 228,232 |
| $ | 7,872 |
| $ | (228,803 | ) | $ | 108,794 |
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Year Ended March 31, 2008: |
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Reserves: |
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Video returns and allowances |
| $ | 77,691 |
| $ | 194,690 |
| $ | 2,120 | (2) | $ | (178,986 | )(3) | $ | 95,515 |
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Provision for doubtful accounts |
| 6,345 |
| 551 |
| 204 | (2) | (1,122 | )(4) | 5,978 |
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Total |
| $ | 84,036 |
| $ | 195,241 |
| $ | 2,324 |
| $ | (180,108 | ) | $ | 101,493 |
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(1) Charges for video returns and allowances are charges against revenue.
(2) Opening balances due to acquisitions and fluctuations in foreign exchange rates. Video returns and allowances for the year ended March 31, 2009 includes an initial returns reserve for the HIT Entertainment distribution deal.
(3) Actual video returns and fluctuations in foreign currency exchange rates.
(4) Uncollectible accounts written off and fluctuations in foreign currency exchange rates. The year ended March 31, 2010 includes a reclassification of the provision for doubtful accounts due to the deconsolidation of TV Guide Network.