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CLEARWIRE CORPORATION AND
S
UB
S
IDIARIE
S
CON
S
OLIDATED
S
TATEMENT
S
OF
S
TOCKHOLDER
S
’E
Q
UITY AND COMPREHEN
S
IVE LO
SS
For the Years Ended December
31, 2009, 2008
and
200
7
S
hares Amounts Shares Amount
s
C
lass
A
C
ommon
S
tock
C
lass
B
C
ommon
S
toc
k
A
dditional Paid I
n
C
ap
i
tal
Business E
q
uit
y
of
S
print WiMAX
B
us
i
nes
s
Accu
m
u
l
a
t
ed
O
the
r
Comprehensive
I
ncome
A
ccumulated
De
fi
c
i
t
Non-controllin
g
I
nterests
Tota
l
S
tockholders’
Equ
i
t
y
(
In thousands
)
Ba
l
ances at Januar
y
1, 2007
(
Ince
p
tion) . . . . . . . . . . . . — $— — $— $ — $ 1,402,410 $ — $ — $ — $ 1,402,410
N
et advances from Sprin
t
N
extel Cor
p
oration . . . . . . — — — — — 1,287,251 — — — 1,287,25
1
N
et loss . . . . . . . . . . . . . — — — — —
(
224,725
)
———
(
224,725
)
Com
p
re
h
ens
i
ve
l
oss . . . .
.
(224,725
)
Balances at December 31, 2007. . — — — — — 2,464,936 — — — 2,464,93
6
N
et a
d
vances
f
rom Spr
i
n
t
N
extel Corporation . . . . . . — — — — — 4
5
1,92
5
———4
5
1,92
5
N
et loss
(
a
)
............ — — — — —
(
402,
6
93
)
———
(
402,
6
93
)
Comprehensive loss(a) . . . . — (402,
6
93
)
D
eferred tax liabilit
y
retained
by
Sprint Nextel
Cor
p
oration . . . . . . . . . . — — — — — 755,018 — — — 755,018
Total S
p
rint Nextel Cor
p
oratio
n
c
ontr
ib
ut
i
on at Novem
b
er 28,
2
008............... — — — — — 3,2
6
9,18
6
— — — 3,2
6
9,18
6
All
ocat
i
on o
f
Spr
i
nt Nexte
l
Corporat
i
on
b
us
i
ness equ
i
t
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
—— —
5
,
5
7
5
,480 7,667,
555
N
et loss
(
a
)
............ — — — — — — —
(
29,933
)(
159,721
)(
189,654
)
F
orei
g
n currenc
y
translatio
n
ad
j
ustment . . . . . . . . . . — — — — — — 2,682 — 7,129 9,811
Unrealized
g
ain o
n
investments . . . . . . . . . . — — — — — — 512 — 1
,
361 1
,
87
3
C
om
p
re
h
ens
i
ve
l
oss(a) . . . .
.
(
151,231) (177,970)
Sh
are-
b
ase
d
compensat
i
on an
d
o
ther capital transactions . . .
5
18 — — — 8
5
6 — — — 12,369 13,22
5
Balances at December 31, 2008. . 190,002 19
5
0
5
,000
5
1 2,092,861 — 3,194
(
29,933
)5
,436,618 7,
5
02,810
N
et loss . . . . . . . . . . . . . — — — — — —
(
32
5
,
5
82
)(
928,264
)(
1,2
5
3,846
)
F
orei
g
n currenc
y
translatio
n
ad
j
ustment . . . . . . . . . . — — — — — — 2
5
4 — 42 296
Unrealized
g
ain o
n
investments . . . . . . . . . . — — — — — — 297 — 1
,6
22 1
,
91
9
C
om
p
re
h
ens
i
ve
l
oss.......
(
926,600) (1,251,631
)
I
ssuance o
f
C
l
ass A common
s
tock . . . . . . . . . . . . .
5
88 — — — 10,000 — — — — 10,00
0
I
ssuance o
f
C
l
earw
i
re C
l
ass A
an
d
B common stoc
k
re
l
ate
d
to post-closin
g
ad
j
ustment . . 4,412 1 23,824 2 (33,
6
32) — — — 33,
6
32
3
I
ssuance o
f
C
l
ass B commo
n
s
tock
,
net of issuanc
e
costs . . . . . . . . . . . . . . — — 20
5
,41
5
20
(
140,2
5
3
)
— — — 1,622,043 1,481,810
Ri
g
hts offerin
g
— dividend . . . — — — — 57,541 — — (57,541) — —
S
hare-based com
p
ensation an
d
o
ther ca
p
ital transactions . . . 1,765 — — — 13,544 — — — 15,832 29,376
Balances at December 31, 2009. . 196,767
$
20 734,239
$
73
$
2,000,061
$
—
$
3,745
$(
413,056
)$
6,181,525
$
7,772,36
8
(a) Net loss for the year ended December 31, 2008 was (
$
592,347) and comprehensive loss was (
$
580,663)
.
S
ee notes to consolidated financial statements
81