DIRECTV 2011 Annual Report Download - page 54

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DIRECTV
ITEM 6. SELECTED FINANCIAL DATA
Years Ended and As of December 31,
2011 2010 2009 2008 2007
(Dollars in Millions, Except Per Share Amounts)
Consolidated Statements of Operations Data:
Revenues ............................................................................ $27,226 $24,102 $21,565 $19,693 $17,246
Total operating costs and expenses ............................................................ 22,597 20,206 18,892 16,998 14,760
Operating profit ....................................................................... $ 4,629 $ 3,896 $ 2,673 $ 2,695 $ 2,486
Income from continuing operations attributable to DIRECTV .......................................... $ 2,609 $ 2,198 $ 942 $ 1,515 $ 1,434
Basic earnings attributable to DIRECTV Class A common stockholders per common share (DIRECTV Group common
stockholders for the period January 1, 2009 through November 19, 2009 and the years ended December 31, 2008 and
2007):
Income from continuing operations ........................................................... $ 3.49 $ 2.31 $ 0.96 $ 1.36 $ 1.20
Diluted earnings attributable to DIRECTV Class A common stockholders per common share (DIRECTV Group
common stockholders for the period January 1, 2009 through November 19, 2009 and the years ended December 31, 2008
and 2007):
Income from continuing operations ........................................................... $ 3.47 $ 2.30 $ 0.95 $ 1.36 $ 1.20
Basic and diluted earnings (loss) attributable to DIRECTV Class B common stockholders per common share, for the
period of November 19, 2009 through June 16, 2010, including $160 million exchange inducement value for the
Malone Transaction in 2010:
Income (loss) from continuing operations, net of taxes ............................................... $ — $ 8.44 $ (0.02) $ — $ —
Weighted average number of Class A common shares outstanding (in millions)
Basic ............................................................................. 747 870 982 1,110 1,195
Diluted ........................................................................... 752 876 989 1,114 1,202
Weighted average number of Class B common shares outstanding, for the period of November 19, 2009 through June 16,
2010 (in millions)
Basic ............................................................................. — 22 22 — —
Diluted ........................................................................... — 22 22 — —
Weighted average number of total common shares outstanding (in millions):
Basic ............................................................................. 747 880 985 1,110 1,195
Diluted ........................................................................... 752 886 992 1,114 1,202
2011 2010 2009 2008 2007
Consolidated Balance Sheets Data:
Total assets ........................................................................... $18,423 $17,909 $18,260 $16,539 $15,063
Obligations under capital leases .............................................................. 545 580 586 584 57
Long-term debt ........................................................................ 13,464 10,472 6,500 5,725 3,347
Total stockholders’ equity (deficit) ............................................................ (3,107) (194) 2,911 4,631 6,013
See the Notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations for additional
information regarding significant transactions during each of the three years in the period ended December 31, 2011.
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