DIRECTV 2004 Annual Report Download - page 33

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THE DIRECTV GROUP, INC.
ITEM 6.SELECTED FINANCIAL DATA
Years Ended and As of December 31,
2004
2003
2002
2001
2000
(Dollars in Millions, Except Per Share Amounts)
Consolidated Statements of Operations Data:
Revenues
$
11,360.0
$
9,372.2
$
8,185.4
$
7,498.3
$
6,381.0
Total operating costs and expenses
13,479.4
9,509.7
8,595.0
8,293.0
7,078.7
Operating loss
$
(2,119.4
)
$
(137.5
)
$
(409.6
)
$
(794.7
)
$
(697.7
)
Loss from continuing operations before cumulative effect of accounting changes
$
(1,056.4
)
$
(375.3
)
$
(114.9
)
$
(565.2
)
$
(447.0
)
Income (loss) from discontinued operations, net of taxes
(582.3
)
78.1
(97.6
)
(49.0
)
1,260.0
Cumulative effect of accounting changes, net of taxes
(310.5
)
(64.6
)
(681.3
)
(7.4
)
—
Net income (loss)
(1,949.2
)
(361.8
)
(893.8
)
(621.6
)
813.0
Preferred stock dividends
—
—
(46.9
)
(96.4
)
(97.0
)
Net Income (Loss) Attributable to Common Stockholders
$
(1,949.2
)
$
(361.8
)
$
(940.7
)
$
(718.0
)
$
716.0
Consolidated Balance Sheet Data:
Total assets
$
14,324.4
$
19,037.4
$
17,986.7
$
21,015.0
$
21,111.6
Long-term debt
2,409.5
2,434.8
40.0
238.8
495.0
Preferred stock
—
—
914.1
1,498.4
1,495.7
Total stockholders’ equity
7,507.1
9,631.1
9,977.1
11,071.9
12,326.1
Basic and Diluted Loss Per Common Share:
Loss from continuing operations before cumulative effect of accounting changes
$
(0.77
)
$
(0.27
)
$
(0.12
)
$
(0.51
)
$
(0.42
)
Weighted average number of common shares outstanding (in millions)
1,384.8
1,382.5
1,343.1
1,300.0
1,297.0
Reference
should be made to the Notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of
Operations.
24