Virgin Media 2006 Annual Report Download - page 133

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
21. Condensed Consolidated Financial Information (Continued)
December 31, 2004
Statements of operations Company
Virgin
Media
Finance Other
guarantors VMIH All other
subsidiaries Adjustments Total
(in millions)
Revenue £ — £ — £ — £ — £ 2,000.3 £ — £ 2,000.3
Operating costs — — — — (827.7) — (827.7)
Selling, general and
administrative
expenses (20.9) — — — (481.3) — (502.2)
Other charges — — — — (23.8) — (23.8)
Depreciation and
amortization — — — — (699.1) — (699.1)
Operating loss (20.9) — — — (31.6) — (52.5)
Interest and other
income, net 0.7 103.9 88.2 290.5 4.2 (481.7) 5.8
Interest expense — (106.8) — (302.1) (343.8) 481.7 (271.0)
Loss on extinguishment
of debt — — — (36.2) (126.0) — (162.2)
Share of loss from
equity investments — — — — (0.1) — (0.1)
Foreign currency
(losses) gains (2.1) 2.1 0.3 (30.5) 5.8 — (24.4)
Income tax expense (1.4) — (3.5) — (0.1) — (5.0)
(Loss) income from
continuing operations (23.7) (0.8) 85.0 (78.3) (491.6) — (509.4)
Income from
discontinued
operations — — — — 24.5 — 24.5
Equity in net loss of
subsidiaries (461.2) (562.5) (554.2) (484.2) — 2,062.1 —
Net loss £ (484.9) £ (563.3) £ (469.2) £ (562.5) £ (467.1) £ 2,062.1 £ (484.9)
F−54
Source: VIRGIN MEDIA INVESTM, 10−K, March 01, 2007