Virgin Media 2010 Annual Report Download - page 174
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 |
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VIRGIN MEDIA INC.
FINANCIAL INFORMATION OF REGISTRANT
STATEMENT OF OPERATIONS
(in millions)
Year ended December 31,
2010 2009 2008
Costs and expenses
General and administrative expenses ..................................... £ (19.0) £ (19.5) £ (19.9)
Operating loss ..................................................... (19.0) (19.5) (19.9)
Other income (expense)
Interest expense ..................................................... (59.7) (56.9) (34.0)
Loss in derivative instruments .......................................... (17.4) — —
Foreign currency gains (losses) ......................................... 0.9 1.3 (1.8)
Interest income and other, net .......................................... 35.8 43.1 25.0
Loss before income taxes and equity in net loss of subsidiaries ............. (59.4) (32.0) (30.7)
Income tax (expense) benefit ........................................... (4.2) 1.3 —
Loss before equity in net loss of subsidiaries ............................ (63.6) (30.7) (30.7)
Equity in net loss of subsidiaries ........................................ (77.8) (327.1) (889.3)
Net loss ........................................................... £(141.4) £(357.8) £(920.0)
See accompanying notes.
F-79