Clearwire 2008 Annual Report Download - page 60

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ITEM
6.
Se
l
ecte
d
Financia
l
Data
Th
e
f
o
ll
ow
i
ng se
l
ecte
dhi
stor
i
ca
lfi
nanc
i
a
ld
ata are
d
er
i
ve
df
rom our au
di
te
dfi
nanc
i
a
l
statements. T
h
e
b
a
l
ance
s
heet data as of December 31, 2008 and 2007 and the statements of operations data for the
y
ears ended December 31
,
2008 and 2007 are derived from our audited financial statements and related notes that are included elsewhere in
thi
s report. T
h
e
i
n
f
ormat
i
on set
f
ort
hb
e
l
ow s
h
ou
ld b
e rea
di
n con
j
unct
i
on w
i
t
h
our
hi
stor
i
ca
lfi
nanc
i
a
l
statements
,
i
ncludin
g
the notes thereto, and “Mana
g
ement’s Discussion and Anal
y
sis of Financial Condition and Results o
f
Op
erations,” included elsewhere in this re
p
ort
.
2008(1) 2007
Year Ended December
31,
(In thousands, except per
s
hare data
)
S
tatements of O
p
erations Data:
R
evenues ................................................. $
2
0,489 $ —
C
ost of
g
oods and services and network costs (exclusive of items shown
separatel
y
below
)
........................................
131,489 48,86
5
Sellin
g
,
g
eneral and administrative expens
e
......................
1
5
0,940 99,49
0
D
e
p
reciation and amortization
................................
58,146 3,97
9
Spectrum
l
ease expense .
.
...................................
9
0
,
032 60
,
05
1
T
ransact
i
on re
l
ate
d
expense
s
.................................
8
2
,
9
6
0—
T
ota
l
operat
i
ng expenses . .
.
...................................
5
13
,5
67 212
,
38
5
O
peratin
g
loss
.............................................
(
493,078) (212,38
5)
O
ther income (ex
p
ense), ne
t
.................................
(37,662) 4,022
Non-controllin
g
interests
.
...................................
1
5
9,721 —
I
ncome tax
p
rov
i
s
i
o
n
.......................................
(
6
1,
6
07) (1
6
,3
6
2)
Net
l
oss
..................................................
$(
432,626
)$(
224,725
)
Net
l
oss
p
er C
l
earw
i
re C
l
ass A Common S
h
are(2)
:
B
as
ic
.
.................................................
$
(
0.1
6)
Dil
ute
d
.................................................
$
(0
.
28)
We
igh
te
d
avera
g
eC
l
earw
i
re C
l
ass A Common S
h
ares outstan
di
n
g
:
B
as
ic
..................................................
189,921
Dil
ute
d
.................................................
6
94
,
921
O
ther F
i
nanc
i
al Data
:
C
a
p
ital ex
p
enditures
.
........................................
$
5
34
,
196 $ 329
,
469
(1) The year ended December 31, 2008 includes the results of operations for the Sprint WiMAX Business for the
first eleven months of 2008 prior to the closing of the Transactions and the results of our operations subsequent
t
ot
h
eC
l
os
i
n
g
.T
h
e 2007 operat
i
ons
d
ata represents t
h
e Spr
i
nt W
i
MAX Bus
i
ness’
hi
stor
i
ca
l
resu
l
ts o
f
o
p
erations
.
(2) Prior to the Closin
g
, we had no equit
y
as we were a wholl
y
-owned division of Sprint. As such, we did no
t
c
a
l
cu
l
ate or present net
l
oss per s
h
are
f
or t
h
e per
i
o
df
rom January 1, 2008 to Novem
b
er 28, 2008 an
d
t
h
e year
e
nded December 31, 2007. We have calculated and
p
resented basic and diluted net loss
p
er share for the
p
erio
d
from November 29, 2008 throu
g
h December 31, 2008
.
48