Virgin Media 2008 Annual Report Download - page 160

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VIRGIN MEDIA INC.
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
STATEMENT OF OPERATIONS
(in millions)
Year ended December 31,
2008 2007 2006
Costs and expenses
General and administrative expenses ........................... £ (19.9) £ (3.9) £ (22.8)
Restructuring and other charges ............................... (0.3) —
Operating loss ........................................... (19.9) (4.2) (22.8)
Other income (expense)
Interest income and other, net ................................ 25.0 0.6 0.7
Interest expense .......................................... (27.8) —
Foreign currency (losses) gains ................................ (1.8) — 2.3
Loss before income taxes and equity in net loss of subsidiaries ........ (24.5) (3.6) (19.8)
Income tax expense ........................................ (0.1) —
Cumulative effect of change in accounting principle ................ — — (0.2)
Loss before equity in net loss of subsidiaries ..................... (24.5) (3.7) (20.0)
Equity in net loss of subsidiaries .............................. (889.3) (459.8) (513.9)
Net loss ................................................ £(913.8) £(463.5) £(533.9)
See accompanying notes.
F-66