Cincinnati Bell 2014 Annual Report Download - page 118
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Table of Contents
Form 10-K Part II
Cincinnati Bell Inc.
Revenue $ —
$ 659.6
$ 673.8
$ (55.2)
$ 1,278.2
Operating costs and expenses 19.9
484.4
713.3
(55.2)
1,162.4
Operating (loss) income (19.9)
175.2
(39.5)
—
115.8
Interest expense (income), net 144.0
(4.5)
9.2
—
148.7
Other expense (income), net 17.6
7.4
(190.9)
—
(165.9)
(Loss) income before equity in earnings of subsidiaries and
income taxes (181.5)
172.3
142.2
—
133.0
Income tax (benefit) expense (55.6)
62.9
50.1
—
57.4
Equity in earnings of subsidiaries, net of tax 201.5
—
—
(201.5)
—
Net income 75.6
109.4
92.1
(201.5)
75.6
Other comprehensive loss (40.5)
—
(0.1)
—
(40.6)
Total comprehensive income $ 35.1
$ 109.4
$ 92.0
$ (201.5)
$ 35.0
Net income $ 75.6
$ 109.4
$ 92.1
$ (201.5)
$ 75.6
Preferred stock dividends 10.4
—
—
—
10.4
Net income applicable to common shareowners $ 65.2
$ 109.4
$ 92.1
$ (201.5)
$ 65.2
Revenue $ —
$ 644.2
$ 669.0
$ (56.3)
$ 1,256.9
Operating costs and expenses 55.4
459.1
634.9
(56.3)
1,093.1
Operating (loss) income (55.4)
185.1
34.1
—
163.8
Interest expense (income), net 164.3
(2.7)
20.4
—
182.0
Other expense, net 28.2
6.5
4.3
—
39.0
(Loss) income before equity in earnings of subsidiaries and
income taxes (247.9)
181.3
9.4
—
(57.2)
Income tax (benefit) expense (79.8)
66.1
11.2
—
(2.5)
Equity in earnings of subsidiaries, net of tax 113.4
—
—
(113.4)
—
Net (loss) income (54.7)
115.2
(1.8)
(113.4)
(54.7)
Other comprehensive income (loss) 76.5
—
(0.1)
—
76.4
Total comprehensive income (loss) $ 21.8
$ 115.2
$ (1.9)
$ (113.4)
$ 21.7
Net (loss) income $ (54.7)
$ 115.2
$ (1.8)
$ (113.4)
$ (54.7)
Preferred stock dividends 10.4
—
—
—
10.4
Net (loss) income applicable to common shareowners $ (65.1)
$ 115.2
$ (1.8)
$ (113.4)
$ (65.1)
117