Virgin Media 2009 Annual Report Download - page 154

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 19—Condensed Consolidated Financial Information (Continued)
Year ended December 31, 2008
Virgin
Media Other All other
Statements of operations Company Finance guarantors VMIH subsidiaries Adjustments Total
(in millions)
Revenue .................. £ — £ — £ — £ — £3,776.8 £ — £ 3,776.8
Operating costs ............. — — — — (1,647.1) — (1,647.1)
Selling, general and
administrative expenses ...... (19.9) — — (0.1) (808.0) — (828.0)
Restructuring and other charges . — — — — (22.7) — (22.7)
Depreciation and amortization . . — — — — (1,188.6) — (1,188.6)
Goodwill and intangible asset
impairments .............. — — — — (362.2) — (362.2)
Operating loss .............. (19.9) — — (0.1) (251.8) — (271.8)
Interest and other income, net . . 25.0 124.1 102.5 76.5 (37.8) (264.2) 26.1
Interest expense ............ (34.0) (125.4) (76.8) (338.6) (188.8) 264.2 (499.4)
Loss on extinguishment of debt . — — — (6.6) (3.0) — (9.6)
Share of income from equity
investments .............. — — — — 14.4 — 14.4
Gains (losses) on derivative
instruments .............. — — — 297.6 (13.9) — 283.7
Foreign currency (losses) gains . . (1.8) 20.8 33.6 (114.0) (342.2) — (403.6)
Income tax benefit (expense) . . . — — (3.1) 20.6 (10.7) — 6.8
Loss (income) from continuing
operations ............... (30.7) 19.5 56.2 (64.6) (833.8) — (853.4)
Loss from discontinued
operations, net of tax ......... — — — — (66.6) — (66.6)
Equity in net loss of subsidiaries . (889.3) (972.7) (946.1) (908.1) — 3,716.2 —
Net loss .................. £(920.0) £(953.2) £(889.9) £ (972.7) £ (900.4) £3,716.2 £ (920.0)
F-58