Comcast 2012 Annual Report Download - page 124

Table of Contents
Condensed Consolidating Statement of Income
For the Year Ended December 31, 2012
(in millions)
Comcast
Parent
CCCL
Parent
Combined
CCHMO
Parents
Comcast
Holdings
Non
-
Guarantor
Subsidiaries
Elimination
and
Consolidation
Adjustments
Consolidated
Comcast
Corporation
Revenue:
Service revenue
$
—
$
—
$
—
$
—
$
62,570
$
—
$
62,570
Management fee revenue
848
827
516
—
—
(
2,191
)
—
848
827
516
—
62,570
(2,191
)
62,570
Costs and Expenses:
Programming and production — —
—
—
19,929
—
19,929
Other operating and administrative
401
827
516
—
18,304
(2,191
)
17,857
Advertising, marketing and promotion
—
—
—
—
4,807
—
4,807
Depreciation
30
—
—
—
6,120
—
6,150
Amortization
4
—
—
—
1,644
—
1,648
435
827
516
—
50,804
(2,191
)
50,391
Operating income (loss)
413
—
—
—
11,766
—
12,179
Other Income (Expense):
Interest expense
(1,430
)
(329
)
(135
)
(23
)
(604
)
— (
2,521
)
Investment income (loss), net
8
—
—
3
208
—
219
Equity in net income (losses) of investees, net
6,858
6,665
4,909
6,536
959
(24,968
)
959
Other income (expense), net
2
—
—
—
771
—
773
5,438
6,336
4,774
6,516
1,334
(24,968
)
(570
)
Income (loss) before income taxes
5,851
6,336
4,774
6,516
13,100
(24,968
)
11,609
Income tax (expense) benefit
352
115
47
7
(4,265
)
—
(
3,744
)
Net income (loss)
6,203
6,451
4,821
6,523
8,835
(24,968
)
7,865
Net (income) loss attributable to noncontrolling
interests
— —
—
— (
1,662
)
— (
1,662
)
Net income (loss) attributable to Comcast
Corporation
$
6,203
$
6,451
$
4,821
$
6,523
$
7,173
$
(24,968
)
$
6,203
Comprehensive income (loss) attributable to
Comcast Corporation
$
6,370
$
6,460
$
4,821
$
6,523
$
7,314
$
(25,118
)
$
6,370
121
Comcast 2012 Annual Report on Form 10-
K