DIRECTV 2008 Annual Report Download - page 55

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THE DIRECTV GROUP, INC.
SUMMARY RESULTS OF OPERATIONS AND FINANCIAL CONDITION—(concluded)
Selected Segment Data
Years Ended December 31,
2008 2007 2006
(Dollars in Millions)
DIRECTV U.S.
Revenues ................................................... $17,310 $15,527 $13,744
% of total revenues ............................................ 87.9% 90.0% 93.1%
Operating profit .............................................. $ 2,330 $ 2,402 $ 2,348
Add: Depreciation and amortization expense ........................... 2,061 1,448 873
Operating profit before depreciation and amortization .................... $4,391 $ 3,850 $ 3,221
Operating profit margin ......................................... 13.5% 15.5% 17.1%
Operating profit before depreciation and amortization margin ............... 25.4% 24.8% 23.4%
Segment assets ............................................... $12,546 $12,297 $11,687
Capital expenditures ............................................ 1,765 2,326 1,798
DIRECTV Latin America
Revenues ................................................... $2,383 $ 1,719 $ 1,013
% of total revenues ............................................ 12.1% 10.0% 6.9%
Operating profit .............................................. $ 426 $ 159 $ 79
Add: Depreciation and amortization expense ........................... 264 235 165
Operating profit before depreciation and amortization .................... $ 690 $ 394 $ 244
Operating profit margin ......................................... 17.9% 9.2% 7.8%
Operating profit before depreciation and amortization margin ............... 29.0% 22.9% 24.1%
Segment assets ............................................... $ 3,301 $ 2,456 $ 2,001
Capital expenditures ............................................ 447 336 178
Corporate and Other
Revenues ................................................... — $ (2)
Operating loss ................................................ $ (61) $ (75) $ (70)
Add: Depreciation and amortization expense ........................... (5) 1 (4)
Operating loss before depreciation and amortization ...................... $ (66) $ (74) $ (74)
Segment assets ............................................... $ 692 $ 310 $1,453
Capital expenditures ............................................ 17 30 —
Total
Revenues ................................................... $19,693 $17,246 $14,755
Operating profit .............................................. $ 2,695 $ 2,486 $ 2,357
Add: Depreciation and amortization expense ........................... 2,320 1,684 1,034
Operating profit before depreciation and amortization .................... $5,015 $ 4,170 $ 3,391
Operating profit margin ......................................... 13.7% 14.4% 16.0%
Operating profit before depreciation and amortization margin ............... 25.5% 24.2% 23.0%
Total assets .................................................. $16,539 $15,063 $15,141
Capital expenditures ............................................ 2,229 2,692 1,976
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