Twenty-First Century Fox 2013 Annual Report Download - page 87
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TWENTY-FIRST CENTURY FOX, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
For the years ended June 30,
2013 2012 2011
Revenues ....................................................... $27,675 $25,051 $24,232
Operatingexpenses ............................................... (17,496) (15,663) (15,745)
Selling, general and administrative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,007) (3,719) (3,759)
Depreciation and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (797) (711) (777)
Impairment and restructuring charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (48) (242) (288)
Equityearningsofaffiliates ......................................... 655 636 352
Interestexpense,net ............................................... (1,063) (1,032) (962)
Interestincome ................................................... 57 77 75
Other,net ....................................................... 3,760 66 (30)
Income from continuing operations before income tax expense . . . . . . . . . . . . . 8,736 4,463 3,098
Incometaxexpense ........................................... (1,690) (1,094) (673)
Income from continuing operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,046 3,369 2,425
Income (loss) from discontinued operations, net of tax . . . . . . . . . . . . . . . . 277 (1,997) 443
Netincome ...................................................... 7,323 1,372 2,868
Less: Net income attributable to noncontrolling interests . . . . . . . . . . . . . . (226) (193) (129)
Net income attributable to Twenty-First Century Fox, Inc. stockholders . . . . . . $ 7,097 $ 1,179 $ 2,739
Income from continuing operations attributable to Twenty-First Century Fox,
Inc. stockholders—basic and diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2.91 $ 1.27 $ 0.87
Net income attributable to Twenty-First Century Fox, Inc. stockholders—basic
anddiluted .................................................... $ 3.03 $ 0.47 $ 1.04
The accompanying notes are an integral part of these audited consolidated financial statements.
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