Comcast 2014 Annual Report Download - page 156

Table of Contents
NBCUniversal Media, LLC
Consolidated Statement of Income
See accompanying notes to consolidated financial statements.
Year ended December 31 (in millions)
2014
2013
2012
Revenue
$
25,428
$
23,650
$
23,812
Costs and Expenses:
Programming and production
12,318
11,770
12,710
Other operating and administrative
5,364
4,949
4,763
Advertising, marketing and promotion
2,158
2,199
2,232
Depreciation
654
639
562
Amortization
841
772
764
21,335
20,329
21,031
Operating income
4,093
3,321
2,781
Other Income (Expense):
Interest expense
(508
)
(515
)
(480
)
Investment income (loss), net
27
17
27
Equity in net income (losses) of investees, net
46
(93
)
183
Other income (expense), net
(218
)
(402
)
917
(653
)
(993
)
647
Income before income taxes
3,440
2,328
3,428
Income tax expense
(143
)
(206
)
(197
)
Net income
3,297
2,122
3,231
Net (income) loss attributable to noncontrolling interests
(182
)
(154
)
(176
)
Net income attributable to NBCUniversal
$
3,115
$
1,968
$
3,055
151
Comcast 2014 Annual Report on Form 10
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