Dish Network 1997 Annual Report Download - page 82

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ECHOSTAR COMMUNICATIONS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – Continued
13. Parent Company Only and Consolidation of Subsidiary Guarantors − Continued
F–35
Consolidating Statements of Operations − Year Ended December 31, 1997 (in millions)
D
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ESBC-
PC C&E
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DBS Corp-
PC C&E
DBS
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PC Other C&E
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Revenue:
DISH Network:
Subscription television services ........... $ 299 $ – $ – $ 299 $ – $ – $ 299 $ – $ – $ – $ 299
Other ................................ ..................... 43 – – 43 – – 43 –1 1 45
Total DISH Network................................ . 342 – – 342 – – 342 –1 1 344
DTH equipment sales and integration
services................................ .................. 90 – – 90 – – 90 –15 ( 13) 92
Satellite services ................................ ........ 11 – – 11 – – 11 – – – 11
C-band and other ................................ ....... 33 – – 33 – – 33 –1( 4) 30
Total revenue ................................ ................. 476 – – 476 – – 476 –17 ( 16) 477
Costs and Expenses:
DISH Network Operating Expenses:
Subscriber-related expenses ................. 144 – – 144 – – 144 – – – 144
Customer service center and other ....... 35 – – 35 – – 35 –3( 3) 35
Satellite and transmission ..................... 14 – – 14 – – 14 – – – 14
Total DISH Network operating expenses .193 – – 193 – – 193 –3( 3) 193
Cost of sales − DTH equipment and
integration services ............................... 61 – – 61 – – 61 –9( 8) 62
Cost of sales – C-band and other .............. 24 – – 24 – – 24 –1( 1) 24
Marketing:
Subscriber promotion subsidies............ 149 – – 149 – – 149 – – ( 4) 145
Advertising and other ........................... 35 – – 35 – – 35 – – – 35
Total marketing expenses .......................... 184 – – 184 – – 184 – – ( 4) 180
General and administrative ....................... 66 – – 66 – – 66 1 2 –69
Amortization of subscriber acquisition
costs ................................ ...................... 121 – – 121 – – 121 – – 1122
Depreciation and amortization .................. 51 – – 51 – – 51 – – – 51
Total costs and expenses ................................ 700 – – 700 – – 700 1 15 ( 15) 701
Operating loss ................................ ................ (224) – – (224) – – (224) ( 1) 2( 1) (224)
Other Income (Expense):
Interest income ................................ .......... 32–58–13 11 –( 7) 17
Interest expense, net of amounts
capitalized ................................ ............. ( 68) ( 19) –( 87) ( 18) –(105) –( 5) 6(104)
Other................................ .......................... ( 2) – – ( 2) – – ( 2) – – – ( 2)
Equity in losses of subsidiaries ................. –(291) 291 –(308) 308 –(323) –323 –
Total other income (expense) ........................ ( 67) (308) 291 ( 84) (318) 308 ( 94) (312) ( 5) 322 ( 89)
Loss before income taxes ............................... (291) (308) 291 (308) (318) 308 (318) (313) ( 3) 321 (313)
Income tax benefit (provision), net ................ –– – –– – –– – – –
Net loss................................ ........................... $(291) $(308) $291 $(308) $(318) $308 $(318) $(313) $( 3) $321 $(313)