Twenty-First Century Fox 2011 Annual Report Download - page 41

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Consolidated Statements of Operations
2011 2010 2009
For the years ended June 30, (In millions, except per share amounts)
Revenues $ 33,405 $ 32,778 $ 30,423
Operating expenses (21,058) (21,015) (19,563)
Selling, general and administrative (6,306) (6,619) (6,164)
Depreciation and amortization (1,191) (1,185) (1,138)
Impairment and restructuring charges (313) (253) (9,208)
Equity earnings (losses) of affiliates 462 448 (309)
Interest expense, net (966) (991) (927)
Interest income 126 91 91
Other, net 18 69 1,256
Income (loss) from continuing operations before income tax expense 4,177 3,323 (5,539)
Income tax (expense) benefit (1,029) (679) 2,229
Income (loss) from continuing operations 3,148 2,644 (3,310)
Loss on disposition of discontinued operations, net of tax (254) ——
Net income (loss) 2,894 2,644 (3,310)
Less: Net income attributable to noncontrolling interests (155) (105) (68)
Net income (loss) attributable to News Corporation stockholders $ 2,739 $ 2,539 $ (3,378)
Income (loss) from continuing operations attributable to News Corporation stockholders
Basic $ 1.14 $ 0.97 $ (1.29)
Diluted $ 1.14 $ 0.97 $ (1.29)
Net income (loss) attributable to News Corporation stockholders
Basic $ 1.04 $ 0.97 $ (1.29)
Diluted $ 1.04 $ 0.97 $ (1.29)
The accompanying notes are an integral part of these audited consolidated financial statements.
2011 Annual Report 39