Comcast 2010 Annual Report Download - page 64

Table of Contents
Consolidated Statement of Operations
See notes to consolidated financial statements.
Year ended December 31 (in millions, except per share data)
2010
2009
2008
Revenue
$
37,937
$
35,756
$
34,423
Costs and Expenses:
Operating (excluding depreciation and amortization)
15,250
14,380
13,662
Selling, general and administrative
8,091
7,662
7,629
Depreciation
5,539
5,483
5,457
Amortization
1,077
1,017
943
29,957
28,542
27,691
Operating income
7,980
7,214
6,732
Other Income (Expense):
Interest expense
(2,156
)
(2,348
)
(2,439
)
Investment income (loss), net
288
282
89
Equity in net income (losses) of affiliates, net
(141
)
(64
)
(39
)
Other income (expense)
133
22
(285
)
(1,876
)
(2,108
)
(2,674
)
Income before income taxes
6,104
5,106
4,058
Income tax expense
(2,436
)
(1,478
)
(1,533
)
Net income from consolidated operations
3,668
3,628
2,525
Net (income) loss attributable to noncontrolling interests
(33
)
10
22
Net income attributable to Comcast Corporation
$
3,635
$
3,638
$
2,547
Basic earnings per common share attributable to Comcast Corporation
shareholders
$
1.29
$
1.27
$
0.87
Diluted earnings per common share attributable to Comcast Corporation
shareholders
$
1.29
$
1.26
$
0.86
Dividends declared per common share attributable to Comcast Corporation
shareholders
$
0.378
$
0.297
$
0.25
57
Comcast 2010 Annual Report on Form 10-
K