Comcast 2013 Annual Report Download - page 86

Table of Contents
Comcast Corporation
Consolidated Statement of Income
See accompanying notes to consolidated financial statements.
Year ended December 31 (in millions, except per share data)
2013
2012
2011
Revenue
$
64,657
$
62,570
$
55,842
Costs and Expenses:
Programming and production
19,670
19,929
16,596
Other operating and administrative
18,584
17,833
16,646
Advertising, marketing and promotion
4,969
4,831
4,243
Depreciation
6,254
6,150
6,040
Amortization
1,617
1,648
1,596
51,094
50,391
45,121
Operating income
13,563
12,179
10,721
Other Income (Expense):
Interest expense
(2,574
)
(2,521
)
(2,505
)
Investment income (loss), net
576
219
159
Equity in net income (losses) of investees, net
(86
)
959
(35
)
Other income (expense), net
(364
)
773
(133
)
(2,448
)
(570
)
(2,514
)
Income before income taxes
11,115
11,609
8,207
Income tax expense
(3,980
)
(3,744
)
(3,050
)
Net income
7,135
7,865
5,157
Net (income) loss attributable to noncontrolling interests and redeemable subsidiary preferred
stock
(319
)
(1,662
)
(997
)
Net income attributable to Comcast Corporation
$
6,816
$
6,203
$
4,160
Basic earnings per common share attributable to Comcast Corporation shareholders
$
2.60
$
2.32
$
1.51
Diluted earnings per common share attributable to Comcast Corporation shareholders
$
2.56
$
2.28
$
1.50
Dividends declared per common share
$
0.78
$
0.65
$
0.45
81
Comcast 2013 Annual Report on Form 10
-
K