Cablevision 2012 Annual Report Download - page 60

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Comparison of Consolidated Year Ended December 31, 2012 Versus Year Ended December 31,
2011
Consolidated Results - Cablevision Systems Corporation
We classify our operations into two reportable segments:
xTelecommunications Services, consisting principally of our video, high-speed data, VoIP
services and the commercial high-speed data and voice services operations of Lightpath; and
xOther, consisting principally of (i) Newsday, (ii) Clearview Cinemas, (iii) the News 12
Networks, (iv) the MSG Varsity network, (v) Cablevision Media Sales, and (vi) certain other
businesses and unallocated corporate costs.
We allocate certain amounts of our corporate overhead to each segment based upon their proportionate
estimated usage of services. Corporate overhead costs previously allocated to AMC Networks and
Madison Square Garden that were not eliminated as a result of the AMC Networks Distribution in June
2011 and the MSG Distribution in February 2010 have been reclassified to continuing operations.
Subsequent to July 1, 2011 and January 1, 2010, amounts allocated to AMC Networks and Madison
Square Garden, respectively, represent charges pursuant to transition services agreements.
The segment financial information set forth below, including the discussion related to individual line
items, does not reflect inter-segment eliminations unless specifically indicated.
See "Business Segments Results" for a discussion relating to the operating results of our segments. In
those sections, we provide detailed analysis of the reasons for increases or decreases in the various line
items at the segment level.
Revenues, net for the year ended December 31, 2012 increased $4,613 as compared to revenues, net for
the prior year. The net increase is attributable to the following:
Increase in revenues of the Telecommunications Services segment (net of a decrease of $33,237
resulting from service outage credits related to Superstorm Sandy) ................................................... $12,541
Decrease in revenues of the Other segment ........................................................................................... (8,688)
Inter-segment eliminations .................................................................................................................... 760
$ 4,613
Technical and operating expenses (excluding depreciation, amortization and impairments) include
primarily:
xcable programming costs which are costs paid to programmers, net of amortization of any
launch support received, for cable content and are generally paid on a per-subscriber basis;
xnetwork management and field service costs which represent costs associated with the
maintenance of our broadband network, including costs of certain customer connections;
xinterconnection, call completion and circuit fees relating to our telephone and VoIP businesses
which represent the transport and termination of calls with other telecommunications carriers;
and
xpublication production and distribution costs of our Newsday business.