Cincinnati Bell 2012 Annual Report Download - page 151

Form 10-K Part II Cincinnati Bell Inc.
Cincinnati Bell Inc.
CONSOLIDATED STATEMENTS OF SHAREOWNERS’ DEFICIT
(in millions)
6
3
⁄ 4 % Cumulative
Convertible
Preferred Shares
Common
Shares Additional
Paid-in
Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Loss
Treasury
Shares
Shares Amount Shares Amount Shares Amount Total
Balance at December 31, 2009 . . 3.1 $129.4 201.0 $2.0 $2,619.7 $(3,266.9) $(136.1) (0.7) $(2.7) $(654.6)
Net income ................... — — — — — 28.3 — — — 28.3
Other comprehensive loss ....... — — — — — — (23.9) — — (23.9)
Shares issued under employee
plans ...................... — — 1.9 — 0.5 — — 0.2 0.6 1.1
Shares purchased under employee
plans and other .............. — — (0.6) — (1.6) — — — — (1.6)
Stock-based compensation ....... — — — — 3.3 — — — — 3.3
Repurchase and retirement of
shares ..................... — — (4.0) — (10.0) — — — — (10.0)
Dividends on preferred stock ..... — — — — (10.4) — — — — (10.4)
Balance at December 31, 2010 . . 3.1 129.4 198.3 2.0 2,601.5 (3,238.6) (160.0) (0.5) (2.1) (667.8)
Net income ................... — — — — — 18.6 — — — 18.6
Other comprehensive loss ....... — — — — — — (48.9) — — (48.9)
Shares issued under employee
plans ...................... — — 1.5 — 0.4 — — — 0.1 0.5
Shares purchased under employee
plans and other .............. — — (0.2) — (0.5) — — — — (0.5)
Stock-based compensation ....... — — — — 4.1 — — — — 4.1
Repurchase and retirement of
shares ..................... — — (3.3) — (10.5) — — (0.1) (0.3) (10.8)
Dividends on preferred stock ..... — — — — (10.4) — — — — (10.4)
Balance at December 31, 2011 . . 3.1 129.4 196.3 2.0 2,584.6 (3,220.0) (208.9) (0.6) (2.3) (715.2)
Net income ................... — — — — — 11.2 — — — 11.2
Other comprehensive loss ....... — — — — — — (0.8) — — (0.8)
Shares issued under employee
plans ...................... — — 5.2 — 14.5 — — — — 14.5
Shares purchased under employee
plans and other .............. — — — — (2.8) — — — — (2.8)
Stock-based compensation ....... — — — — 5.2 — — — — 5.2
Exercise of warrants ............ — — 1.5 — 0.1 — — — — 0.1
Retirement of shares ........... — — — — (0.3) — — 0.1 0.3 —
Dividends on preferred stock ..... — — — — (10.4) — — — — (10.4)
Balance at December 31, 2012 . . 3.1 $129.4 203.0 $2.0 $2,590.9 $(3,208.8) $(209.7) (0.5) $(2.0) $(698.2)
The accompanying notes are an integral part of the consolidated financial statements.
77
Form 10-K