Cincinnati Bell 2013 Annual Report Download - page 273

Form 10-K/A Part IV Cincinnati Bell Inc.
CyrusOne Inc. and CyrusOne LP
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS—(continued)
Consolidating Statements of Operations
(dollars in millions)
Period Ended December 31, 2013
LP
Co-issuer
Finance
Co-issuer Guarantors
Non-
Guarantors Eliminations Total
Revenue ................................... $ — $ — $244.3 $ 4.1 $ — $248.4
Costs and expenses:
Property operating expenses ................... — — 85.9 2.5 — 88.4
Sales and marketing ......................... — — 9.7 0.2 — 9.9
General and administrative .................... — — 26.3 0.2 — 26.5
Depreciation and amortization ................. — — 87.1 2.8 — 89.9
Restructuring charges ........................ — — 1.3 — — 1.3
Transaction costs ............................ — — 0.7 — — 0.7
Asset Impairment ........................... — — 2.8 — — 2.8
Total costs and expenses ...................... — — 213.8 5.7 — 219.5
Operating income (loss) ...................... — — 30.5 (1.6) — 28.9
Interest expense ............................. 36.5 36.5 1.8 2.9 (36.5) 41.2
Other income ............................... — — (0.1) — — (0.1)
Loss on extinguishment of debt ................ — — 1.3 — — 1.3
Income (loss) before income taxes .............. (36.5) (36.5) 27.5 (4.5) 36.5 (13.5)
Income tax expense .......................... — — (1.9) — — (1.9)
Equity earnings (loss) related to investment in
subsidiaries .............................. 20.9 — (4.5) — (16.4) —
Income (loss) from continuing operations ........ (15.6) (36.5) 21.1 (4.5) 20.1 (15.4)
Loss on sale of real estate improvements ......... — — (0.2) — — (0.2)
Net income (loss) ........................... $(15.6) $(36.5) $ 20.9 $(4.5) $ 20.1 $ (15.6)
(dollars in millions)
Period Ended January 23, 2013
LP
Co-issuer
Finance
Co-issuer Guarantors
Non-
Guarantors Eliminations Total
Revenue ................................... $ — $ — $ 14.9 $ 0.2 $ — $ 15.1
Costs and expenses:
Property operating expenses ................... — — 4.8 — — 4.8
Sales and marketing ......................... — — 0.7 — — 0.7
General and administrative .................... — — 1.4 0.1 — 1.5
Transaction-related compensation .............. — — 20.0 — — 20.0
Depreciation and amortization ................. — — 5.2 0.1 — 5.3
Transaction costs ............................ — — 0.1 — — 0.1
Total costs and expenses ...................... — — 32.2 0.2 — 32.4
Operating loss .............................. — — (17.3) — — (17.3)
Interest expense ............................. 2.3 2.3 0.1 0.1 (2.3) 2.5
Loss before income taxes ..................... (2.3) (2.3) (17.4) (0.1) 2.3 (19.8)
Income tax expense .......................... — — (0.4) — — (0.4)
Equity loss related to investment in subsidiaries . . . (17.9) — (0.1) — 18.0 —
Loss from continuing operations ............... (20.2) (2.3) (17.9) (0.1) 20.3 (20.2)
Net loss ................................... $(20.2) $ (2.3) $ (17.9) $(0.1) $ 20.3 $ (20.2)
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Form 10-K/A