DIRECTV 2005 Annual Report Download - page 78

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THE DIRECTV GROUP, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Common
Stock and Accumulated
Additional Retained Other Total
Common Paid-In Preferred Earnings Comprehensive Stockholders’ Comprehensive
Shares Capital Stock (Deficit) Income (Loss) Equity Income (Loss)
(Dollars in Millions, Except Share Data)
Balance at January 1, 2003 ....... 200 $10,151.8 $ 914.1 $(1,027.1) $ (61.7) $ 9,977.1
Net Loss ................... (361.8) (361.8) $ (361.8)
Conversion of Series B Convertible
Preferred Stock into Class B
common stock and common stock
split .....................1,481,891,553 914.1 (914.1)
Adjustment to GM stock holdings in
connection with the News
Corporation transactions ....... (98,301,304)
Special cash dividend paid to General
Motors ................... (275.0) (275.0)
Tax benefit to General Motors ..... (25.1) (25.1)
Stock options exercised .......... 59,002 17.7 17.7
Other ..................... 34.0 34.0
Minimum pension liability adjustment . (16.5) (16.5) (16.5)
Foreign currency translation
adjustments ................ 6.0 6.0 6.0
Unrealized gains on securities:
Unrealized holding gains ....... 275.3 275.3 275.3
Less: reclassification adjustment for
net gains recognized during the
year ................... (0.6) (0.6) (0.6)
Comprehensive loss ............ $ (97.6)
Balance at December 31, 2003 .....1,383,649,451 10,817.5 — (1,388.9) 202.5 9,631.1
Net Loss ................... (1,949.2) (1,949.2) $(1,949.2)
Stock options exercised .......... 2,139,782 23.0 23.0
Stock-based compensation expense . . 57.1 57.1
DIRECTV Latin America
reorganization .............. (31.5) (31.5)
Other ..................... 25,226 3.8 3.8
Minimum pension liability adjustment . 7.4 7.4 7.4
Foreign currency translation
adjustments ................ 14.8 14.8 14.8
Unrealized gains (losses) on securities:
Unrealized holding losses ....... (5.6) (5.6) (5.6)
Less: reclassification adjustment for
net gains recognized during the
year ................... (243.8) (243.8) (243.8)
Comprehensive loss ............ $(2,176.4)
Balance at December 31, 2004 .....1,385,814,459 10,869.9 — (3,338.1) (24.7) 7,507.1
Net Income ................. 335.9 335.9 $ 335.9
Stock options exercised and vesting of
restricted stock units issued ...... 5,217,530 45.2 45.2
Stock-based compensation expense . . 40.6 40.6
Other ..................... 0.5 0.5
Minimum pension liability adjustment . 7.0 7.0 7.0
Foreign currency translation
adjustments ................ 2.6 2.6 2.6
Unrealized gains (losses) on securities:
Unrealized holding gains ....... 0.7 0.7 0.7
Less: reclassification adjustment for
net losses recognized during the
year ................... 0.4 0.4 0.4
Comprehensive income .......... $ 346.6
Balance at December 31, 2005 .....1,391,031,989 $10,956.2 $ — $(3,002.2) $ (14.0) $ 7,940.0
Reference should be made to the Notes to the Consolidated Financial Statements.
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