Comcast 2011 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2011 Comcast annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

Consolidated Statement of Income
Year ended December 31 (in millions, except per share data) 2011 2010 2009
Revenue $ 55,842 $ 37,937 $ 35,756
Costs and Expenses:
Operating costs and expenses 37,485 23,341 22,042
Depreciation 6,040 5,539 5,483
Amortization 1,596 1,077 1,017
45,121 29,957 28,542
Operating income 10,721 7,980 7,214
Other Income (Expense):
Interest expense (2,505) (2,156) (2,348)
Investment income (loss), net 159 288 282
Equity in net income (losses) of investees, net (35) (141) (64)
Other income (expense), net (133) 133 22
(2,514) (1,876) (2,108)
Income before income taxes 8,207 6,104 5,106
Income tax expense (3,050) (2,436) (1,478)
Net income from consolidated operations 5,157 3,668 3,628
Net (income) loss attributable to noncontrolling interests (997) (33) 10
Net income attributable to Comcast Corporation $ 4,160 $ 3,635 $ 3,638
Basic earnings per common share attributable to Comcast Corporation
shareholders $ 1.51 $ 1.29 $ 1.27
Diluted earnings per common share attributable to Comcast Corporation
shareholders $ 1.50 $ 1.29 $ 1.26
Dividends declared per common share attributable to Comcast
Corporation shareholders $ 0.45 $ 0.378 $ 0.297
See accompanying notes to consolidated financial statements.
Comcast 2011 Annual Report on Form 10-K 78