Virgin Media 2007 Annual Report Download - page 142

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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, 2005
Virgin
Media Other All other
Statement of operations Company Finance guarantors VMIH subsidiaries Adjustments Total
(in millions)
Revenue ..................... £ — £ — £ — £ — £1,947.6 £ — £1,947.6
Operating costs ................ — — — — (808.3) — (808.3)
Selling, general and administrative
expenses ................... (17.4) — — — (465.6) — (483.0)
Other charges ................. 0.3 — — — (25.1) — (24.8)
Depreciation and amortization ..... — — — — (651.2) — (651.2)
Operating loss ................. (17.1) — — — (2.6) — (19.7)
Interest income and other, net ..... 17.4 84.6 25.2 302.1 13.0 (412.9) 29.4
Interest expense ............... (2.8) (85.0) (0.1) (252.5) (308.3) 412.9 (235.8)
Loss on extinguishment of debt .... — (2.0) — — — — (2.0)
Gains on derivative instruments .... — — — 0.9 — — 0.9
Foreign currency gains (losses) ..... 35.4 1.8 (49.8) 35.4 (17.5) — 5.3
Minority interest expense ......... — — — — (1.0) — (1.0)
Income tax (expense) benefit ...... 1.3 — (20.1) — — — (18.8)
(Loss) income from continuing
operations .................. 34.2 (0.6) (44.8) 85.9 (316.4) — (241.7)
Income (loss) from discontinued
operations .................. — — (8.6) — 671.3 — 662.7
Dividend (paid) received ......... 523.8 — (523.8) — — — —
Equity in net (loss) income of
subsidiaries ................. (137.0) 433.6 432.7 347.7 — (1,077.0) —
Net income (loss) .............. £421.0 £433.0 £(144.5) £ 433.6 £ 354.9 £(1,077.0) £ 421.0
F-56