Cablevision 2012 Annual Report Download - page 200

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-72
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,
2012 2011(a) 2010(a)
Revenues, net $ 3,253 $ 2,746 $ 2,455
Operating expenses:
Technical expenses, net of credits ......................................... $24,442 $ 23,037 $ 18,753
Selling, general and administrative expenses (credits):
Corporate general and administrative expense allocations .. 1,777 (4,797) (5,661)
Health and welfare plan allocations .................................... - (9,719) (8,209)
Risk management and general insurance allocations .......... - (836) (1,626)
Other .................................................................................... (454) (1,901) (1,627)
Selling, general and administrative expenses (credits),
subtotal ........................................................................... 1,323 (17,253) (17,123)
Operating expenses, net ..................................................... 25,765 5,784 1,630
Net charges (credits) .......................................................... $22,512 $ 3,038 $ (825)
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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.
The following table summarizes the revenue and charges (credits) related to services provided to or
received from Madison Square Garden reflected in continuing operations not discussed elsewhere in the
accompanying combined notes to the consolidated financial statements:
Years Ending December 31,
2012 2011
2010(a)
Revenues, net $ 2,552 $ 2,476 $ 1,926
Operating expenses:
Technical expenses, net of credits ......................................... $158,850 $155,794 $152,889
Selling, general and administrative expenses (credits):
Corporate general and administrative expense allocations .. (2,755) (3,170) (8,135)
Risk management and general insurance allocations .......... - - (713)
Other .................................................................................... 5,046 3,429 2,888
Selling, general and administrative expenses (credits),
subtotal ........................................................................... 2,291 259 (5,960)
Operating expenses, net ..................................................... 161,141 156,053 146,929
Net charges ........................................................................ $158,589 $153,577 $145,003
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(a) Amounts relating to Madison Square Garden for the period prior to the MSG Distribution are eliminated in
consolidation. Operating results of Madison Square Garden are reported in discontinued operations for all periods
presented prior to the MSG Distribution.