Twenty-First Century Fox 2011 Annual Report Download - page 92
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Notes to the Consolidated Financial Statements (continued)
Supplemental Condensed Consolidating Statement of Operations
News America
Incorporated
News
Corporation Non-Guarantor
Reclassifications
and Eliminations
News
Corporation
and Subsidiaries
For the year ended June 30, 2009 (in millions)
Revenues $ 6 $ — $ 30,417 $ — $ 30,423
Expenses (297) — (35,776) — (36,073)
Equity (losses) earnings of affiliates 5 — (314) — (309)
Interest expense, net (2,728) (1,090) (115) 3,006 (927)
Interest income 206 — 2,891 (3,006) 91
Earnings (losses) from subsidiary entities 1,434 (2,274) — 840 —
Other, net 83 (14) 1,187 — 1,256
(Loss) income before income tax expense (1,291) (3,378) (1,710) 840 (5,539)
Income tax benefit 519 — 688 1,022 2,229
Net (loss) income (772) (3,378) (1,022) 1,862 (3,310)
Less: Net income attributable to noncontrolling interests — — (68) — (68)
Net (loss) income attributable to News Corporation stockholders $ (772) $(3,378) $ (1,090) $ 1,862 $ (3,378)
See notes to supplemental guarantor information
90 News Corporation