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CON
S
OLIDATED
S
TATEMENT
S
OF
S
TOCKHOLDER
S
’E
Q
UITY AND COMPREHEN
S
IVE LO
SS
F
or the Years Ended December 31, 2008 and 200
7
S
hares Amounts
S
hares Amounts Amounts
C
lass A
C
ommon
S
toc
k
C
lass
B
C
ommon
S
tock
A
dd
iti
o
n
a
lP
a
i
d
I
n
C
ap
i
tal Business E
q
uit
y
of
S
print WiMA
X
B
usines
s
Accumulate
d
Othe
r
C
omprehensiv
e
I
ncom
e
Accumulate
d
D
efici
t
To
t
al
S
tockholders’
Equit
y
(
In thousands
)
Balances at Januar
y
1, 2007 (Inception) . . . —
$
——
$
—
$
—
$
1,402,410
$
—
$
—
$
1,402,410
N
et advances from S
p
rint Nextel
Cor
p
oration . . . . . . . . . . . . . . — — — — — 1,287,251 — — 1,287,25
1
N
et loss . . . . . . . . . . . . . . . . . — — — — —
(
224,725
)
——
(
224,725
)
Compre
h
ens
i
ve
l
oss ........
.
(224,72
5)
Balances at December 31, 2007 . . . . . . — — — — — 2,4
6
4,93
6
— — 2,4
6
4,93
6
N
et advances from Sprint Nextel
Corporation . . . . . . . . . . . . . . — — — — — 4
5
1,92
5
——4
5
1,92
5
N
et loss
(
a
)
...............
(
402,
6
93
)(
402,
6
93
)
Com
p
rehensive loss (a) . . . . . . . . — — — — — — (402,693
)
D
eferred tax liability retained b
y
S
print Nextel Corporation . . . . . . — — — — — 7
55
,018 — — 7
55
,018
Tota
l
Spr
i
nt Nexte
l
Corporat
i
o
n
c
ontribution at November 28
,
2008. . . — — — — — 3
,
2
6
9
,
18
6
——3
,
2
6
9
,
18
6
All
ocat
i
on o
f
Spr
i
nt Nexte
l
Corporation business equit
y
at
closin
g
to Clearwire . . . . . . . . . — — — — — (3,2
6
9,18
6
) — — (3,2
6
9,18
6)
Recapitalization resultin
g
from
S
trate
g
ic Transaction . . . . . . . . . 189,484 19
5
0
5
,000
5
1 2,092,00
5
— — — 2,092,07
5
Net loss
(
a
)
................. — — — — — — —
(
29,933
)(
29,933
)
F
orei
g
n currenc
y
translatio
n
adjustment . . . . . . . . . . . . . . — — — — — — 2,682 — 2,682
Unrealized
g
ain on investments. . . . . — — — — — — 512 — 512
C
ompre
h
ens
i
ve
l
oss(a)........
.
(2
6
,739)
Sh
are-
b
ase
d
compensat
i
on an
d
ot
h
e
r
capital transactions . . . . . . . . . .
5
18 — — — 8
5
6———8
5
6
Balances at December 31, 2008 . . . . . . 190,002 $19 505,000 $51 $2,092,861 $ — $3,194 $(29,933) $ 2,066,19
2
(a) Net loss for the year ended December 31, 2008 was (
$
432,626) and comprehensive loss was (
$
429,432)
.
S
ee notes to consolidated financial statements
7
9