Time Warner Cable 2009 Annual Report Download - page 120
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Please find page 120 of the 2009 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.Consolidating Statement of Operations
Year Ended December 31, 2008
Parent
Company
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Eliminations
TWC
Consolidated
(in millions)
Revenues ......................................... $ — $ 3,324 $ 14,050 $ (174) $ 17,200
Costs of revenues................................... — 1,783 6,536 (174) 8,145
Selling, general and administrative ...................... — 425 2,429 — 2,854
Depreciation . . . ................................... — 664 2,162 — 2,826
Amortization . . . ................................... — 1 261 — 262
Restructuring costs.................................. — 4 11 — 15
Impairment of cable franchise rights ..................... — 2,729 12,093 — 14,822
Loss on sale of cable systems.......................... — 11 47 — 58
Total costs and expenses ............................. — 5,617 23,539 (174) 28,982
Operating Loss . ................................... — (2,293) (9,489) — (11,782)
Equity in pretax loss of consolidated subsidiaries ........... (11,531) (6,723) (1,726) 19,980 —
Interest income (expense), net ......................... (504) (466) 47 — (923)
Other income (expense), net ........................... (15) 11 (363) — (367)
Loss before income taxes ............................. (12,050) (9,471) (11,531) 19,980 (13,072)
Income tax benefit .................................. 4,706 3,255 3,310 (6,162) 5,109
Net loss .......................................... (7,344) (6,216) (8,221) 13,818 (7,963)
Less: Net loss attributable to noncontrolling interests ........ — 1,227 — (608) 619
Net loss attributable to TWC .......................... $ (7,344) $ (4,989) $ (8,221) $ 13,210 $ (7,344)
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TIME WARNER CABLE INC.
SUPPLEMENTARY INFORMATION
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS—(Continued)