Virgin Media 2007 Annual Report Download - page 140

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
20. Condensed Consolidated Financial Information (Continued)
Year ended December 31, 2007
Virgin
Media Other All other
Statement of operations Company Finance guarantors VMIH subsidiaries Adjustments Total
(in millions)
Revenue .................... £ — £ — £ — £ — £4,073.7 £ — £ 4,073.7
Operating costs ............... — — — — (1,830.0) — (1,830.0)
Selling, general and administrative
expenses .................. (3.9) — (24.6) — (931.7) — (960.2)
Other charges ................ (0.3) — — — (28.4) — (28.7)
Depreciation and amortization . . . . — — — — (1,238.2) — (1,238.2)
Operating income (loss) ........ (4.2) — (24.6) — 45.4 — 16.6
Interest income and other, net .... 0.6 100.2 47.6 92.8 (69.5) (152.2) 19.5
Interest expense .............. — (99.5) (27.5) (378.0) (161.4) 152.2 (514.2)
Loss on extinguishment of debt . . . — — — (2.0) (1.2) — (3.2)
Share of income from equity
investments ................ — — — — 17.7 — 17.7
Loss on derivative instruments . . . . — — — (0.6) (1.9) — (2.5)
Foreign currency gains (losses) . . . — 12.5 0.7 (14.3) 6.2 — 5.1
Minority interest income ........ — — — — — — —
Income tax expense ............ (0.1) — (1.8) — (0.6) — (2.5)
(Loss) income from continuing
operations ................. (3.7) 13.2 (5.6) (302.1) (165.3) — (463.5)
Equity in net loss of subsidiaries . . (459.8) (467.4) (454.9) (165.2) — 1,547.3 —
Net loss .................... £(463.5) £(454.2) £(460.5) £(467.3) £ (165.3) £1,547.3 £ (463.5)
F-54