Cincinnati Bell 2015 Annual Report Download - page 223

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Form 10-K Part II Cincinnati Bell Inc.
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Year Ended December 31, 2013
(dollars in millions)
Parent
(Guarantor)
CBT
(Issuer)
Other
Non-guarantors Eliminations Total
Revenue ................................... $ $644.2 $467.5 $ (38.3) $1,073.4
Operating costs and expenses .................. 57.2 463.1 451.6 (38.3) 933.6
Operating income (loss) ...................... (57.2) 181.1 15.9 139.8
Interest expense (income), net .................. 162.5 (2.7) 16.2 176.0
Other expense (income), net ................... 28.2 6.5 2.3 37.0
Income (loss) before equity in earnings of
subsidiaries and income taxes ................ (247.9) 177.3 (2.6) (73.2)
Income tax expense (benefit) .................. (79.8) 64.7 6.8 (8.3)
Equity in earnings of subsidiaries, net of tax ...... 113.4 — (113.4)
Income (loss) from continuing operations ........ (54.7) 112.6 (9.4) (113.4) (64.9)
Income (loss) from discontinued operations ....... 10.2 — 10.2
Net income (loss) ............................ (54.7) 112.6 0.8 (113.4) (54.7)
Other comprehensive income (loss) ............. 76.5 (0.1) — 76.4
Total comprehensive income (loss) .............. $ 21.8 $112.6 $ 0.7 $(113.4) $ 21.7
Net income (loss) ............................ $ (54.7) $112.6 $ 0.8 $(113.4) $ (54.7)
Preferred stock dividends ..................... 10.4 — 10.4
Net income (loss) applicable to common
shareowners .............................. $ (65.1) $112.6 $ 0.8 $(113.4) $ (65.1)
107
Form 10-K