Comcast 2012 Annual Report Download - page 80

Table of Contents
Consolidated Statement of Income
See accompanying notes to consolidated financial statements.
Year ended December 31 (in millions, except per share data)
2012
2011
2010
Revenue
$
62,570
$
55,842
$
37,937
Costs and Expenses:
Programming and production
19,929
16,598
8,537
Other operating and administrative
17,857
16,656
12,395
Advertising, marketing and promotion
4,807
4,231
2,409
Depreciation
6,150
6,040
5,539
Amortization
1,648
1,596
1,077
50,391
45,121
29,957
Operating income
12,179
10,721
7,980
Other Income (Expense):
Interest expense
(2,521
)
(2,505
)
(2,156
)
Investment income (loss), net
219
159
288
Equity in net income (losses) of investees, net
959
(35
)
(141
)
Other income (expense), net
773
(133
)
133
(570
)
(2,514
)
(1,876
)
Income before income taxes
11,609
8,207
6,104
Income tax expense
(3,744
)
(3,050
)
(2,436
)
Net income
7,865
5,157
3,668
Net (income) loss attributable to noncontrolling interests
(1,662
)
(997
)
(33
)
Net income attributable to Comcast Corporation
$
6,203
$
4,160
$
3,635
Basic earnings per common share attributable to Comcast Corporation shareholders
$
2.32
$
1.51
$
1.29
Diluted earnings per common share attributable to Comcast Corporation shareholders
$
2.28
$
1.50
$
1.29
Dividends declared per common share attributable to Comcast Corporation shareholders
$
0.65
$
0.45
$
0.378
77
Comcast 2012 Annual Report on Form 10-
K