Virgin Media 2007 Annual Report Download - page 108

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
5. Acquisitions (Continued)
Pro Forma Results
The following pro forma financial information presents the combined results of operations of the
former NTL, Telewest and Virgin Mobile businesses as if the acquisitions of Telewest and Virgin
Mobile had occurred as of the beginning of the years presented (in millions, except per share data).
The unaudited pro forma financial information is not intended to represent or be indicative of the
consolidated results of operations or financial condition of Virgin Media that would have been reported
had the acquisitions been completed as of the dates presented, and should not be taken as
representative of the future consolidated results of operations or financial condition of Virgin Media.
Year ended December 31,
2006 2005
2007 Pro Forma Pro Forma
Actual (unaudited) (unaudited)
Revenue ............................................ £4,073.7 £ 4,162.2 £ 4,040.2
Operating income ..................................... 16.6 3.7 29.2
Loss from continuing operations before income taxes, minority
interest and cumulative effect of changes in accounting principle . (461.0) (573.5) (420.5)
Loss from continuing operations .......................... (463.5) (570.9) (420.5)
Income from discontinued operations ....................... — 7.9 662.7
Cumulative effect of changes in accounting principle ............ — (32.6) —
Net loss ............................................ £ (463.5) £ (595.6) £ 242.2
Loss from continuing operations per share ................... £ (1.42) £ (1.95) £ (1.97)
Net loss per share ..................................... £ (1.42) £ (2.03) £ 1.13
The pro forma financial information above includes the following material, non-recurring charges
in the year ended December 31, 2006: write offs of historical deferred finance charges of £32.9 million;
acquisition-related charges of £16.3 million; and other charges including restructuring charges of
£51.9 million.
F-22