Virgin Media 2007 Annual Report Download - page 149

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VIRGIN MEDIA INC.
NOTES TO CONDENSED FINANCIAL INFORMATION OF REGISTRANT
1. Basis of Presentation
In our condensed financial statements, our investment in subsidiaries is stated at cost plus equity in
the undistributed earnings of the subsidiaries. Our share of net loss of our subsidiaries is included in
net loss using the equity method of accounting. The condensed financial statements should be read in
conjunction with our consolidated financial statements.
2. Other
A cash dividend of £523.8 million was paid to the registrant by subsidiaries in the year ended
December 31, 2005. No cash dividend was paid to the registrant by subsidiaries for the years ended
December 31, 2007 and December 31, 2006.
F-63