Virgin Media 2010 Annual Report Download - page 169

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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, 2008
Statements of operations Company
Virgin
Media
Secured
Finance
PLC Guarantors
Non-
Guarantors Adjustments Total
(in millions)
Revenue ........................... £ — £— £3,305.6 £ 349.4 £ — £ 3,655.0
Operating costs ...................... — — (1,420.2) (124.5) — (1,544.7)
Selling, general and administrative
expenses ......................... (19.9) — (700.2) (84.0) — (804.1)
Restructuring and other charges ......... — — (20.5) (2.2) — (22.7)
Depreciation and amortization .......... — — (1,100.7) (82.5) — (1,183.2)
Goodwill and intangible asset
impairments ...................... — — (335.6) (26.6) — (362.2)
Operating loss ....................... (19.9) — (271.6) 29.6 — (261.9)
Interest expense ..................... (34.0) — (967.9) (598.5) 1,101.1 (499.3)
Loss on extinguishment of debt ......... — — (9.6) — — (9.6)
Share of income from equity
investments ....................... — — — 14.4 — 14.4
Gains on derivative instruments ......... — — 283.7 — — 283.7
Foreign currency (losses) gains ......... (1.8) — (359.5) (26.3) — (387.6)
Interest and other income, net .......... 25.0 — 503.7 598.5 (1,101.1) 26.1
Income tax benefit (expense) ........... — — 8.1 (1.3) — 6.8
(Loss) income from continuing
operations ........................ (30.7) — (813.1) 16.4 — (827.4)
Loss on discontinued operations, net of
tax.............................. — — — (92.6) — (92.6)
Equity in net loss of subsidiaries ........ (889.3) — (96.9) (813.1) 1,799.3 —
Net loss ............................ £(920.0) £— £ (910.0) £(889.3) £ 1,799.3 £ (920.0)
F-74