Comcast 2013 Annual Report Download - page 130

Table of Contents
Comcast Corporation
Condensed Consolidating Statement of Income
For the Year Ended December 31, 2011
(in millions)
Comcast
Parent
Comcast
Holdings
CCCL
Parent
Combined
CCHMO
Parents
NBCUniversal
Media
Parent
Non-
Guarantor
Subsidiaries
Elimination
and
Consolidation
Adjustments
Consolidated
Comcast
Corporation
Revenue:
Service revenue
$
—
$
—
$
—
$
—
$
—
$
55,842
$
—
$
55,842
Management fee revenue
800
—
784
488
—
—
(
2,072
)
—
800
—
784
488
—
55,842
(2,072
)
55,842
Costs and Expenses:
Programming and production — —
—
— —
16,596
—
16,596
Other operating and administrative
420
5
784
488
678
16,343
(2,072
)
16,646
Advertising, marketing and promotion
— —
—
— —
4,243
—
4,243
Depreciation
29
—
—
— —
6,011
—
6,040
Amortization
3
—
—
— —
1,593
—
1,596
452
5
784
488
678
44,786
(2,072
)
45,121
Operating income (loss)
348
(5
)
—
— (
678
)
11,056
—
10,721
Other Income (Expense):
Interest expense
(1,439
)
(32
)
(338
)
(172
)
(370
)
(154
)
— (
2,505
)
Investment income (loss), net
3
2
—
— —
154
—
159
Equity in net income (losses) of
investees, net
4,879
5,734
5,598
3,361
2,793
1,648
(24,048
)
(35
)
Other income (expense), net
(19
)
1
—
— (
59
)
(56
)
— (
133
)
3,424
5,705
5,260
3,189
2,364
1,592
(24,048
)
(2,514
)
Income (loss) before income taxes
3,772
5,700
5,260
3,189
1,686
12,648
(24,048
)
8,207
Income tax (expense) benefit
388
12
118
60
(3
)
(3,625
)
— (
3,050
)
Net income (loss)
4,160
5,712
5,378
3,249
1,683
9,023
(24,048
)
5,157
Net (income) loss attributable to
noncontrolling interests and redeemable
subsidiary preferred stock
— —
—
— — (
997
)
— (
997
)
Net income (loss) attributable to
Comcast Corporation
$
4,160
$
5,712
$
5,378
$
3,249
$
1,683
$
8,026
$
(24,048
)
$
4,160
Comprehensive income (loss)
attributable to Comcast Corporation
$
4,107
$
5,712
$
5,387
$
3,249
$
1,605
$
8,064
$
(24,017
)
$
4,107
125
Comcast 2013 Annual Report on Form 10
-
K