DIRECTV 2007 Annual Report Download - page 49
Download and view the complete annual report
Please find page 49 of the 2007 DIRECTV annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39 -
40 -
41 -
42 -
43 -
44 -
45 -
46 -
47 -
48 -
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
 |
 |
THE DIRECTV GROUP, INC.
SUMMARY RESULTS OF OPERATIONS AND FINANCIAL CONDITION—(concluded)
Selected Segment Data
Years Ended December 31,
2007 2006 2005
(Dollars in Millions)
DIRECTV U.S.
Revenues ................................................... $15,527 $13,744 $12,216
% of total revenues ............................................ 90.0% 93.1% 92.8%
Operating profit .............................................. $2,402 $ 2,348 $ 802
Add: Depreciation and amortization expense ........................... 1,448 873 698
Operating profit before depreciation and amortization .................... $3,850 $ 3,221 $ 1,500
Operating profit margin ......................................... 15.5% 17.1% 6.6%
Operating profit before depreciation and amortization margin ............... 24.8% 23.4% 12.3%
Segment assets ............................................... $12,297 $11,687 $10,525
Capital expenditures (1) ......................................... 2,330 1,809 782
DIRECTV Latin America
Revenues ................................................... $1,719 $ 1,013 $ 742
% of total revenues ............................................ 10.0% 6.9% 5.6%
Operating profit (loss) .......................................... $ 159 $ 79 $ (19)
Add: Depreciation and amortization expense ........................... 235 165 160
Operating profit before depreciation and amortization .................... $ 394 $ 244 $ 141
Operating profit margin ......................................... 9.2% 7.8% N/A
Operating profit before depreciation and amortization margin ............... 22.9% 24.1% 19.0%
Segment assets ............................................... $2,456 $ 2,001 $ 1,148
Capital expenditures (1) ......................................... 336 178 90
Network Systems
Revenues ................................................... — — $ 211
% of total revenues ............................................ — — 1.6%
Operating loss ................................................ — — $ (61)
Add: Depreciation and amortization expense ........................... — — —
Operating loss before depreciation and amortization ...................... — — $ (61)
Segment assets ............................................... — — —
Capital expenditures (1) ......................................... — — $ 18
Corporate and Other
Revenues ................................................... — $ (2) $ (5)
Operating loss ................................................ $ (75) $ (70) $ (89)
Add: Depreciation and amortization expense ........................... 1 (4) (5)
Operating loss before depreciation and amortization ...................... $ (74) $ (74) $ (94)
Segment assets ............................................... $ 310 $1,453 $ 3,957
Capital expenditures (1) ......................................... 30 — 34
Total
Revenues ................................................... $17,246 $14,755 $13,164
Operating profit .............................................. $2,486 $ 2,357 $ 633
Add: Depreciation and amortization expense ........................... 1,684 1,034 853
Operating profit before depreciation and amortization .................... $4,170 $ 3,391 $ 1,486
Operating profit margin ......................................... 14.4% 16.0% 4.8%
Operating profit before depreciation and amortization margin ............... 24.2% 23.0% 11.3%
Total assets .................................................. $15,063 $15,141 $15,630
Capital expenditures (1) ......................................... 2,696 1,987 924
(1) Capital expenditures include cash paid and amounts accrued during the period for property, equipment and
satellites. Beginning March 1, 2006, capital expenditures include the cost of set-top boxes receivers capitalized
under DIRECTV U.S.’ lease program.
40