Comcast 2014 Annual Report Download - page 130

Table of Contents
Comcast Corporation
Condensed Consolidating Statement of Income
For the Year Ended December 31, 2014
(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
$
—
$
—
$
—
$
—
$
—
$
68,775
$
—
$
68,775
Management fee revenue
947
—
921
582
—
—
(
2,450
)
—
947
—
921
582
—
68,775
(2,450
)
68,775
Costs and Expenses:
Programming and production — —
—
— —
20,912
—
20,912
Other operating and administrative
751
—
921
582
908
19,150
(2,450
)
19,862
Advertising, marketing and promotion — —
—
— —
5,078
—
5,078
Depreciation
34
—
—
— —
6,303
—
6,337
Amortization
6
—
—
— —
1,676
—
1,682
791
—
921
582
908
53,119
(2,450
)
53,871
Operating income (loss)
156
—
—
— (
908
)
15,656
—
14,904
Other Income (Expense):
Interest expense
(1,621
)
(11
)
(176
)
(118
)
(479
)
(212
)
— (
2,617
)
Investment income (loss), net
3
12
—
— (
7
)
288
—
296
Equity in net income (losses) of
investees, net
9,330
8,843
8,273
6,333
4,523
3,212
(40,417
)
97
Other income (expense), net — —
—
— (
4
)
(211
)
— (
215
)
7,712
8,844
8,097
6,215
4,033
3,077
(40,417
)
(2,439
)
Income (loss) before income taxes
7,868
8,844
8,097
6,215
3,125
18,733
(40,417
)
12,465
Income tax (expense) benefit
512
—
62
41
(10
)
(4,478
)
— (
3,873
)
Net income (loss)
8,380
8,844
8,159
6,256
3,115
14,255
(40,417
)
8,592
Net (income) loss attributable to
noncontrolling interests and
redeemable subsidiary preferred stock
— —
—
— — (
212
)
— (
212
)
Net income (loss) attributable to
Comcast Corporation
$
8,380
$
8,844
$
8,159
$
6,256
$
3,115
$
14,043
$
(40,417
)
$
8,380
Comprehensive income (loss)
attributable to Comcast Corporation
$
8,178
$
8,807
$
8,162
$
6,257
$
2,972
$
13,980
$
(40,178
)
$
8,178
125
Comcast 2014 Annual Report on Form 10
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