Time Warner Cable 2006 Annual Report Download - page 104

Download and view the complete annual report

Please find page 104 of the 2006 Time Warner Cable annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a
result of such changes, new information, subsequent events or otherwise.
Various factors could adversely affect the operations, business or financial results of TWC in the future and
cause TWC’s actual results to differ materially from those contained in the forward-looking statements, including
those factors discussed in detail in Item 1A, “Risk Factors” in Part I of this report, and in TWC’s other filings made
from time to time with the SEC after the date of this report. In addition, the Company operates in a highly
competitive, consumer and technology-driven and rapidly changing business. The Company’s business is affected
by government regulation, economic, strategic, political and social conditions, consumer response to new and
existing products and services, technological developments and, particularly in view of new technologies, its
continued ability to protect and secure any necessary intellectual property rights. TWC’s actual results could differ
materially from management’s expectations because of changes in such factors.
Further, lower than expected valuations associated with the Company’s cash flows and revenues may result in
the Company’s inability to realize the value of recorded intangibles and goodwill. Additionally, actual results could
differ materially from management’s expectations due to the factors discussed in detail in Item 1A, “Risk Factors,”
in Part I of this report, as well as:
• economic slowdowns;
• the impact of terrorist acts and hostilities;
• changes in the Company’s plans, strategies and intentions;
• the impacts of significant acquisitions, dispositions and other similar transactions;
• the failure to meet earnings expectations; and
• decreased liquidity in the capital markets, including any reduction in the ability to access the capital markets
for debt securities or bank financings.
99
TIME WARNER CABLE INC.
MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS
OF OPERATIONS AND FINANCIAL CONDITION — (Continued)