DIRECTV 2009 Annual Report Download - page 58

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DIRECTV
SUMMARY RESULTS OF OPERATIONS AND FINANCIAL CONDITION—(concluded)
Selected Segment Data
Years Ended December 31,
2009 2008 2007
(Dollars in Millions)
DIRECTV U.S.
Revenues ................................................... $18,671 $17,310 $15,527
% of total revenues ............................................ 86.6% 87.9% 90.0%
Operating profit .............................................. $2,410 $ 2,330 $ 2,402
Add: Depreciation and amortization expense ........................... 2,275 2,061 1,448
Operating profit before depreciation and amortization .................... $4,685 $ 4,391 $ 3,850
Operating profit margin ......................................... 12.9% 13.5% 15.5%
Operating profit before depreciation and amortization margin ............... 25.1% 25.4% 24.8%
Segment assets ............................................... $12,408 $12,546 $12,297
Capital expenditures ............................................ 1,485 1,765 2,326
DIRECTV Latin America
Revenues ................................................... $2,878 $ 2,383 $ 1,719
% of total revenues ............................................ 13.3% 12.1% 10.0%
Operating profit .............................................. $ 331 $ 426 $ 159
Add: Depreciation and amortization expense ........................... 366 264 235
Operating profit before depreciation and amortization .................... $ 697 $ 690 $ 394
Operating profit margin ......................................... 11.5% 17.9% 9.2%
Operating profit before depreciation and amortization margin ............... 24.2% 29.0% 22.9%
Segment assets ............................................... $3,772 $ 3,301 $ 2,456
Capital expenditures ............................................ 584 447 336
Sports Networks, Eliminations and Other
Revenues ................................................... $ 16 — —
% of total revenues ............................................ 0.1% — —
Operating loss ................................................ $ (68) $ (61) $ (75)
Add: Depreciation and amortization expense ........................... (1) (5) 1
Operating loss before depreciation and amortization ...................... $ (69) $ (66) $ (74)
Segment assets ............................................... $2,080 $ 692 $ 310
Capital expenditures ............................................ 2 17 30
Total
Revenues ................................................... $21,565 $19,693 $17,246
Operating profit .............................................. $2,673 $ 2,695 $ 2,486
Add: Depreciation and amortization expense ........................... 2,640 2,320 1,684
Operating profit before depreciation and amortization .................... $5,313 $ 5,015 $ 4,170
Operating profit margin ......................................... 12.4% 13.7% 14.4%
Operating profit before depreciation and amortization margin ............... 24.6% 25.5% 24.2%
Total assets .................................................. $18,260 $16,539 $15,063
Capital expenditures ............................................ 2,071 2,229 2,692
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