Time Magazine 2009 Annual Report Download - page 146

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TIME WARNER INC.
QUARTERLY FINANCIAL INFORMATION
(Unaudited)
The following table sets forth the quarterly information for Time Warner:
March 31, June 30, September 30, December 31,
Quarter Ended
(recast) (recast)(recast)
(millions, except per share amounts)
2009
(a)(b)(d)
Total revenues ................................ $ 6,086 $ 6,013 $ 6,366 $ 7,320
Operating income .............................. 1,048 1,018 1,254 1,225
Amounts attributable to Time Warner Inc.
shareholders:
Income from continuing operations ................. $ 468 $ 425 $ 580 $ 606
Discontinued operations, net of tax ................. 193 94 81 21
Net income .................................. $ 661 $ 519 $ 661 $ 627
Per share information attributable to Time Warner
Inc. common shareholders:
Basic income per common share from continuing
operations ................................. $ 0.39 $ 0.35 $ 0.49 $ 0.52
Diluted income per common share from continuing
operations ................................. 0.39 0.35 0.49 0.51
Net income per share — basic .................... 0.55 0.43 0.56 0.54
Net income per share — diluted ................... 0.55 0.43 0.55 0.53
Cash provided by operations from continuing
operations ................................. 1,054 491 1,179 661
Common stock high .......................... 32.94 26.49 30.14 32.82
Common stock — low .......................... 18.23 20.70 23.42 29.14
Cash dividends declared per share of common stock .... 0.1875 0.1875 0.1875 0.1875
See notes on following pages.
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