Cablevision 2011 Annual Report Download - page 202

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-78
NOTE 17. RELATED PARTY TRANSACTIONS
In connection with the AMC Networks Distribution and the MSG Distribution, the Company entered into
various agreements with AMC Networks and Madison Square Garden, including distribution agreements,
tax disaffiliation agreements, transition services agreements, employee matters agreements and certain
related party arrangements. These agreements govern the Company's relationship with AMC Networks
and Madison Square Garden subsequent to the AMC Networks Distribution and the MSG Distribution
and provide for the allocation of employee benefits, taxes and certain other liabilities and obligations
attributable to periods prior to the AMC Networks Distribution and the MSG Distribution. These
agreements also include arrangements with respect to transition services and a number of on-going
relationships. The distribution agreements include agreements that the Company and AMC Networks and
the Company and Madison Square Garden agree to provide each other with indemnities with respect to
liabilities arising out of the businesses the Company transferred to AMC Networks and Madison Square
Garden.
The following table summarizes the revenue and charges (credits) related to services provided to or
received from AMC Networks reflected in continuing operations not discussed elsewhere in the
accompanying combined notes to the consolidated financial statements:
Years Ending December 31,
2011(a) 2010(a) 2009(a)
Revenues, net $ 2,746 $ 2,455 $ 1,780
Operating expenses (credits):
Technical expenses, net of credits ......................................... $ 23,037 $ 18,753 $ 21,351
Selling, general and administrative expenses (credits):
Corporate general and administrative expense allocations .. (4,797) (5,661) (5,445)
Health and welfare plan allocations .................................... (9,719) (8,209) (8,601)
Risk management and general insurance allocations .......... (836) (1,626) (1,619)
Other .................................................................................... (1,901) (1,627) (1,223)
Selling, general and administrative expenses (credits),
subtotal ........................................................................... (17,253) (17,123) (16,888)
Operating expenses, net ..................................................... 5,784 1,630 4,463
Net charges (credits) .......................................................... $ 3,038 $ (825) $ 2,683
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(a) Amounts relating to AMC Networks for the period prior to the AMC Networks Distribution are eliminated in
consolidation. Operating results of AMC Networks are reported in discontinued operations for all periods
presented prior to the AMC Networks Distribution. Corporate overhead costs previously allocated to AMC
Networks that were not eliminated as a result of the AMC Networks Distribution have been reclassified to
continuing operations and are not reflected in the table above.