Comcast 2010 Annual Report Download - page 99

Table of Contents
87
Comcast 2010 Annual Report on Form 10-
K
Additional fees paid in connection with the closing of the
transaction will be recorded as expenses in the first quarter of
2011.
Preliminary Purchase Price Allocation and Unaudited Pro
Forma Information
Since we now control NBCUniversal Holdings, we will apply
acquisition accounting to the NBCUniversal contributed
businesses and their results of operations will be included in
our consolidated results of operations following the
acquisition date. The NBCUniversal contributed businesses
will be recorded at their estimated fair value. The Comcast
Content Business will continue at its historical or carry-over
basis. GE’s interest in NBCUniversal Holdings will be
recorded as a redeemable noncontrolling interest in our
consolidated financial statements due to the redemption
provisions outlined above.
Due to the limited time since the acquisition date and
limitations on access to NBCUniversal information prior to the
acquisition date, the initial accounting for the business
combination is incomplete at this time. As a result, we are
unable to provide amounts recognized as of the acquisition
date for major classes of assets and liabilities acquired and
resulting from the transaction, including the information
required for indemnification assets, contingencies,
noncontrolling interests and goodwill. Also, because the initial
accounting for the transaction is incomplete, we are unable to
provide the supplemental pro forma revenue and earnings of
the combined entity. We will include this information in our
Quarterly Report on Form 10-Q for the three months ended
March 31, 2011.