Time Magazine 2013 Annual Report Download - page 124

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TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
Year Ended December 31,
2013 2012 2011
Depreciation of Property, Plant and Equipment
Turner .................................................. $ (231) $ (238) $ (251)
Home Box Office ......................................... (91) (85) (75)
Warner Bros. ............................................. (200) (202) (198)
Time Inc. ................................................ (85) (91) (100)
Corporate ............................................... (28) (28) (29)
Total depreciation of property, plant and equipment .............. $ (635) $ (644) $ (653)
Year Ended December 31,
2013 2012 2011
Amortization of Intangible Assets
Turner .................................................. $ (21) $ (25) $ (33)
Home Box Office ......................................... (9) (7) (8)
Warner Bros. ............................................. (179) (180) (186)
Time Inc. ................................................ (42) (36) (42)
Total amortization of intangible assets ......................... $ (251) $ (248) $ (269)
Year Ended December 31,
2013 2012 2011
Operating Income (Loss)
Turner .................................................. $ 3,486 $ 3,172 $ 3,014
Home Box Office ......................................... 1,791 1,547 1,402
Warner Bros. ............................................. 1,324 1,228 1,263
Time Inc. ................................................ 337 420 563
Corporate ............................................... (394) (352) (347)
Intersegment eliminations ................................... 61 (97) (90)
Total operating income (loss) ................................ $ 6,605 $ 5,918 $ 5,805
December 31,
2013
December 31,
2012
Assets
Turner ...................................................... $ 26,067 $ 25,953
Home Box Office ............................................. 13,687 13,297
Warner Bros. ................................................ 20,066 19,853
Time Inc. ................................................... 5,667 5,850
Corporate ................................................... 2,507 3,136
Total assets .................................................. $ 67,994 $ 68,089
Year Ended December 31,
2013 2012 2011
Capital Expenditures
Turner .................................................. $ 210 $ 229 $ 235
Home Box Office ......................................... 45 65 95
Warner Bros. ............................................. 236 270 313
Time Inc. ................................................ 34 34 48
Corporate ............................................... 77 45 81
Total capital expenditures ................................... $ 602 $ 643 $ 772
108