Twenty-First Century Fox 2013 Annual Report Download - page 164

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TWENTY-FIRST CENTURY FOX, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Supplemental Condensed Consolidating Statement of Operations
For the year ended June 30, 2012
(in millions)
News America
Incorporated Twenty-First
Century Fox Non-Guarantor
Reclassifications
and
Eliminations
Twenty-First
Century Fox
and
Subsidiaries
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1 $ $ 25,050 $ $ 25,051
Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . (404) (19,931) (20,335)
Equity earnings (losses) of affiliates . . . . . . . (5) — 641 636
Interest expense, net . . . . . . . . . . . . . . . . . . . (1,497) (410) (10) 885 (1,032)
Interestincome ....................... 4 7 951 (885) 77
Earnings (losses) from subsidiary entities . . . 1,307 1,632 (2,939)
Other,net ............................ 239 (64) (109) 66
Income (loss) from continuing operations
before income tax expense . . . . . . . . . . . . (355) 1,165 6,592 (2,939) 4,463
Income tax (expense) benefit . . . . . . . . . . . . . 87 — (1,616) 435 (1,094)
Income (loss) from continuing operations . . . (268) 1,165 4,976 (2,504) 3,369
Income (loss) from discontinued operations,
netoftax .......................... 74 14 (2,085) — (1,997)
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . (194) 1,179 2,891 (2,504) 1,372
Less: Net income attributable to
noncontrolling interests . . . . . . . . . . . (193) — (193)
Net income (loss) attributable to Twenty-
First Century Fox stockholders . . . . . . . . . $ (194) $1,179 $ 2,698 $(2,504) $ 1,179
Comprehensive income (loss) attributable to
Twenty-First Century Fox stockholders . . $ (231) $ (432) $ 1,426 $(1,195) $ (432)
See notes to supplemental guarantor information
156