DIRECTV 2009 Annual Report Download - page 129
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DIRECTV
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)
Selected information for our operating segments is reported as follows:
Sports
DIRECTV Networks,
DIRECTV Latin Eliminations
U. S. America and Other Total
(Dollars in millions)
2009
External revenues .............................. $18,664 $2,878 $ 23 $21,565
Intersegment revenues ........................... 7 — (7) —
Revenues .................................... $18,671 $2,878 $ 16 $21,565
Operating profit (loss) ........................... $ 2,410 $ 331 $ (68) $ 2,673
Add: Depreciation and amortization expense .......... 2,275 366 (1) 2,640
Operating profit (loss) before depreciation and
amortization (1) .............................. $ 4,685 $ 697 $ (69) $ 5,313
Segment assets ................................ $12,408 $3,772 $2,080 $18,260
Capital expenditures ............................ 1,485 584 2 2,071
2008
External revenues .............................. $17,310 $2,383 $ — $19,693
Intersegment revenues ........................... — — — —
Revenues .................................... $17,310 $2,383 $ — $19,693
Operating profit (loss) ........................... $ 2,330 $ 426 $ (61) $ 2,695
Add: Depreciation and amortization expense .......... 2,061 264 (5) 2,320
Operating profit (loss) before depreciation and
amortization (1) .............................. $ 4,391 $ 690 $ (66) $ 5,015
Segment assets ................................ $12,546 $3,301 $ 692 $16,539
Capital expenditures ............................ 1,765 447 17 2,229
2007
External revenues .............................. $15,527 $1,719 $ — $17,246
Intersegment revenues ........................... — — — —
Revenues .................................... $15,527 $1,719 $ — $17,246
Operating profit (loss) ........................... $ 2,402 $ 159 $ (75) $ 2,486
Add: Depreciation and amortization expense .......... 1,448 235 1 1,684
Operating profit (loss) before depreciation and
amortization (1) .............................. $ 3,850 $ 394 $ (74) $ 4,170
Segment assets ................................ $12,297 $2,456 $ 310 $15,063
Capital expenditures ............................ 2,326 336 30 2,692
(1) Operating profit (loss) before depreciation and amortization, which is a financial measure that is
not determined in accordance with 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, as determined in accordance with GAAP. Our management and Board of
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