DIRECTV 2006 Annual Report Download - page 114

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THE DIRECTV GROUP, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS —(continued)
Network Systems segment. Corporate and Other includes the corporate office, eliminations and other
entities.
Selected information for our operating segments is reported as follows:
DIRECTV DIRECTV Latin Network Corporate
U. S. America Systems and Other Total
(Dollars in Millions)
2006
External Revenues .................... $13,742.9 $1,012.6 $ — $ — $14,755.5
Intersegment Revenues ................. 1.1 0.4 — (1.5) —
Revenues ........................... $13,744.0 $1,013.0 $ — $ (1.5) $14,755.5
Operating Profit (Loss) ................. $ 2,347.7 $ 79.0 $ — $ (69.9) $ 2,356.8
Add: Depreciation and amortization expense . 873.0 164.8 — (3.4) 1,034.4
Operating Profit (Loss) Before Depreciation
and Amortization(1) ................. $ 3,220.7 $ 243.8 $ — $ (73.3) $ 3,391.2
Segment Assets ....................... $11,687.3 $2,001.1 $ — $1,452.7 $15,141.1
Capital Expenditures(2) ................. 1,808.6 178.6 — 0.1 1,987.3
2005
External Revenues .................... $12,211.3 $ 741.9 $ 211.4 $ (0.1) $13,164.5
Intersegment Revenues ................. 4.8 0.2 — (5.0) —
Revenues ........................... $12,216.1 $ 742.1 $ 211.4 $ (5.1) $13,164.5
Operating Profit (Loss) ................. $ 802.0 $ (18.7) $ (60.8) $ (89.9) $ 632.6
Add: Depreciation and amortization expense . 698.2 160.2 — (5.2) 853.2
Operating Profit (Loss) Before Depreciation
and Amortization(1) ................. $ 1,500.2 $ 141.5 $ (60.8) $ (95.1) $ 1,485.8
Segment Assets ....................... $10,525.0 $1,147.9 $ — $3,957.3 $15,630.2
Capital Expenditures(2) ................. 782.0 90.4 18.1 33.2 923.7
2004
External Revenues .................... $ 9,738.1 $ 675.2 $ 946.7 $ — $11,360.0
Intersegment Revenues ................. 25.8 — 152.4 (178.2) —
Revenues ........................... $ 9,763.9 $ 675.2 $ 1,099.1 $ (178.2) $11,360.0
Operating Profit (Loss) ................. $ 21.9 $ (142.0) $(1,778.5) $ (220.8) $(2,119.4)
Add: Depreciation and amortization expense . 561.2 187.9 95.6 (6.7) 838.0
Operating Profit (Loss) Before Depreciation
and Amortization(1) ................. $ 583.1 $ 45.9 $(1,682.9) $ (227.5) $ (1,281.4)
Segment Assets ....................... $ 8,994.2 $1,086.7 $ 521.1 $3,722.4 $14,324.4
Capital Expenditures(2) ................. 671.5 81.7 132.1 137.8 1,023.1
(1) Operating Profit (Loss) Before Depreciation and Amortization, which is a financial measure that is
not determined in accordance with accounting principles generally accepted in the United States of
America, or GAAP, can be calculated by adding amounts under the caption ‘‘Depreciation and
amortization expense’’ to ‘‘Operating Profit (Loss).’’ This measure should be used in conjunction
with GAAP financial measures and is not presented as an alternative measure of operating results,
103