Comcast 2009 Annual Report Download - page 49

Table of Contents
Consolidated Statement of Operations
See notes to consolidated financial statements.
Year ended December 31 (in millions, except per share data)
2009
2008
2007
Revenue
$
35,756
$
34,423
$
31,060
Costs and Expenses:
Operating (excluding depreciation and amortization)
14,396
13,639
12,334
Selling, general and administrative
7,646
7,652
6,940
Depreciation
5,483
5,457
5,107
Amortization
1,017
943
1,101
28,542
27,691
25,482
Operating income
7,214
6,732
5,578
Other Income (Expense):
Interest expense
(2,348
)
(2,439
)
(2,289
)
Investment income (loss), net
282
89
601
Equity in net income (losses) of affiliates, net
(64
)
(39
)
(63
)
Other income (expense)
22
(285
)
522
(2,108
)
(2,674
)
(1,229
)
Income before income taxes
5,106
4,058
4,349
Income tax expense
(1,478
)
(1,533
)
(1,800
)
Net income from consolidated operations
3,628
2,525
2,549
Net (income) loss attributable to noncontrolling interests
10
22
38
Net income attributable to Comcast Corporation
$
3,638
$
2,547
$
2,587
Basic earnings per common share attributable to Comcast Corporation
shareholders
$
1.27
$
0.87
$
0.84
Diluted earnings per common share attributable to Comcast Corporation
shareholders
$
1.26
$
0.86
$
0.83
Dividends declared per common share attributable to Comcast Corporation
shareholders
$
0.297
$
0.250
$
—
41
Comcast 2009 Annual Report on Form 10-
K