Virgin Media 2011 Annual Report Download - page 150
Download and view the complete annual report
Please find page 150 of the 2011 Virgin Media annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
 |
 |
VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 18—Condensed Consolidating Financial Information—Senior Notes (continued)
Year ended December 31, 2010
Statements of operations Company
Virgin
Media
Finance
Other
guarantors VMIH VMIL
All other
subsidiaries Adjustments Total
(in millions)
Revenue ................... £ 0.0 £ 0.0 £ 0.0 £ 0.0 £ 0.0 £3,875.8 £ 0.0 £ 3,875.8
Operating costs .............. 0.0 0.0 0.0 0.0 0.0 (1,575.0) 0.0 (1,575.0)
Selling, general and
administrative expenses ..... (19.0) 0.0 0.0 0.0 0.0 (771.6) 0.0 (790.6)
Restructuring and other
charges .................. 0.0 0.0 0.0 0.0 0.0 (53.0) 0.0 (53.0)
Depreciation and
amortization .............. 0.0 0.0 0.0 0.0 0.0 (1,135.3) 0.0 (1,135.3)
Operating income (loss) ....... (19.0) 0.0 0.0 0.0 0.0 340.9 0.0 321.9
Interest expense ............. (59.7) (216.2) (100.7) (425.9) 0.0 (932.2) 1,256.9 (477.8)
Loss on extinguishment of
debt ..................... 0.0 0.0 0.0 (50.6) 0.0 (19.4) 0.0 (70.0)
Share of income from equity
investments ............... 0.0 0.0 0.0 0.0 0.0 24.0 0.0 24.0
Loss on derivative
instruments ............... (17.4) 0.0 0.0 (46.2) 0.0 (2.0) 0.0 (65.6)
Foreign currency (losses)
gains .................... 0.9 1.5 (3.8) 4.8 0.0 (37.5) 0.0 (34.1)
Interest income and other, net . . 35.8 213.9 104.6 141.6 0.0 769.3 (1,256.9) 8.3
Income tax benefit (expense) . . . (4.2) 0.0 0.4 17.9 0.0 110.0 0.0 124.1
(Loss) income from continuing
operations ................ (63.6) (0.8) 0.5 (358.4) 0.0 253.1 0.0 (169.2)
Income on discontinued
operations, net of tax ....... 0.0 0.0 0.0 0.0 0.0 27.8 0.0 27.8
Equity in net (loss) income of
subsidiaries ............... (77.8) (101.5) (78.2) 256.9 254.6 0.0 (254.0) 0.0
Net (loss) income ............ £(141.4) £(102.3) £ (77.7) £(101.5) £254.6 £ 280.9 £ (254.0) £ (141.4)
F-61