Virgin Media 2010 Annual Report Download - page 168

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VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 21—Subsequent Events (continued)
Condensed Consolidating Financial Information—Senior Secured Notes (continued)
Year ended December 31, 2009
Statements of operations Company
Virgin
Media
Secured
Finance
PLC Guarantors
Non-
Guarantors Adjustments Total
(in millions)
Revenue ........................... £ — £— £3,338.3 £ 325.6 £ — £ 3,663.9
Operating costs ...................... — — (1,357.8) (170.9) — (1,528.7)
Selling, general and administrative
expenses ......................... (19.5) — (702.1) (64.7) — (786.3)
Restructuring and other charges ......... — — (38.2) (2.2) — (40.4)
Depreciation and amortization .......... — — (1,031.1) (140.7) — (1,171.8)
Goodwill and intangible asset
impairments ...................... — — (4.4) (0.3) — (4.7)
Operating income (loss) ............... (19.5) — 204.7 (53.2) — 132.0
Interest expense ..................... (56.9) — (823.8) (479.5) 905.1 (455.1)
Loss on extinguishment of debt ......... — — (54.5) — — (54.5)
Share of income from equity
investments ....................... — — — 14.1 — 14.1
Losses on derivative instruments ........ — — (114.5) — — (114.5)
Foreign currency gains ................ 1.3 — 105.9 11.8 — 119.0
Interest and other income, net .......... 43.1 — 449.6 418.6 (905.1) 6.2
Income tax benefit (expense) ........... 1.3 — 4.9 (3.7) — 2.5
Loss from continuing operations ........ (30.7) — (227.7) (91.9) — (350.3)
(Loss) gain on discontinued
operations, net of tax ............... — — — (7.5) — (7.5)
Equity in net loss of subsidiaries ........ (327.1) — (122.7) (227.7) 677.5 —
Net loss ............................ £(357.8) £— £ (350.4) £(327.1) £ 677.5 £ (357.8)
F-73