Comcast 2014 Annual Report Download - page 132

Table of Contents
Comcast Corporation
Condensed Consolidating Statement of Income
For the Year Ended December 31, 2012
(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
$
—
$
—
$
—
$
—
$
—
$
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
899
17,381
(2,191
)
17,833
Advertising, marketing and promotion — —
—
— —
4,831
—
4,831
Depreciation
30
—
—
— —
6,120
—
6,150
Amortization
4
—
—
— —
1,644
—
1,648
435
—
827
516
899
49,905
(2,191
)
50,391
Operating income (loss)
413
—
—
— (
899
)
12,665
—
12,179
Other Income (Expense):
Interest expense
(1,430
)
(23
)
(329
)
(135
)
(430
)
(174
)
— (
2,521
)
Investment income (loss), net
8
3
—
—
5
203
—
219
Equity in net income (losses) of
investees, net
6,858
6,536
6,665
4,909
4,402
4,014
(32,425
)
959
Other income (expense), net
2
—
—
— (
14
)
785
—
773
5,438
6,516
6,336
4,774
3,963
4,828
(32,425
)
(570
)
Income (loss) before income taxes
5,851
6,516
6,336
4,774
3,064
17,493
(32,425
)
11,609
Income tax (expense) benefit
352
7
115
47
(9
)
(4,256
)
— (
3,744
)
Net income (loss)
6,203
6,523
6,451
4,821
3,055
13,237
(32,425
)
7,865
Net (income) loss attributable to
noncontrolling interests and redeemable
subsidiary preferred stock
— —
—
— — (
1,662
)
— (
1,662
)
Net income (loss) attributable to
Comcast Corporation
$
6,203
$
6,523
$
6,451
$
4,821
$
3,055
$
11,575
$
(32,425
)
$
6,203
Comprehensive income (loss)
attributable to Comcast Corporation
$
6,370
$
6,523
$
6,460
$
4,821
$
3,068
$
11,703
$
(32,575
)
$
6,370
127
Comcast 2014 Annual Report on Form 10
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