Cincinnati Bell 2013 Annual Report Download - page 256

Form 10-K/A Part IV Cincinnati Bell Inc.
CyrusOne Inc. and CyrusOne LP
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS—(continued)
The following related party transactions are based on agreements and arrangements that were in place as of
December 31, 2013. Revenues and expenses for the periods presented were as follows:
Successor Predecessor Predecessor Predecessor
(Dollars in millions)
January 24, 2013 to
December 31, 2013
January 1, 2013 to
January 23, 2013
December 31,
2012
December 31,
2011
Revenue:
Data center colocation agreement provided to
CBT and CBTS ....................... $ 5.6 $0.3 $ 5.4 $ 4.4
229 West 7th Street lease provided to CBT .... 1.7 — — —
Goldcoast Drive/Parkway (Mason) lease ..... 0.3 — 0.3 0.3
Transition services provided to CBTS (network
interfaces) ............................ 0.6 0.1 0.5 —
Data center leases provided to CBTS ........ 13.1 — 14.3 14.2
Total revenue ....................... $21.3 $0.4 $20.5 $18.9
Operating costs and expenses:
Transition services agreement by CBTS ...... $ 1.3 $— $ 1.5 $ —
Charges for services provided by CBT
(connectivity) ......................... 1.0 0.1 0.7 0.7
209 West 7th Street rent provided by CBT .... 0.1 — 0.1 0.4
Management Fees with CBI ............... 0.1 — 2.5 2.3
Allocated employee benefit plans by CBI ..... — 0.2 3.5 1.8
Allocated centralized insurance costs by
CBI................................. — 0.1 0.4 0.4
Selling and Marketing services provided by
CBT & CBTS ......................... — — 0.3 —
Interest expense on note with CBI ........... — — 7.0 1.1
Loss on sale of receivables ................ — — 3.2 3.5
Total operating costs and expenses ...... $ 2.5 $0.4 $19.2 $10.2
As of December 31, 2013 and 2012, the amounts receivable and payable to CBI were as follows:
Successor Predecessor
(Dollars in millions)
As of
December 31, 2013
As of
December 31, 2012
Accounts receivable from CBI ................................ $0.6 $2.2
Accounts payable ............................................... $1.7 $2.9
Dividends payable .............................................. 6.8 —
Accounts payable to CBI ..................................... $8.5 $2.9
The dividends payable as of December 31, 2013 reflect the balance due to CBI related to the dividend
declared on December 11, 2013, of $0.16 per common share equivalent payable on their limited partnership
units.
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