Virgin Media 2012 Annual Report Download - page 123
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F-52
Year ended December 31, 2012
Statements of comprehensive
income Company
Virgin
Media
Finance Other
guarantors VMIH VMIL All other
subsidiaries Adjustments Total
(in millions)
Revenue £ — £ — £ — £ — £ — £ 4,100.5 £ — £ 4,100.5
Operating costs — — — — — (1,629.2) — (1,629.2)
Selling, general and
administrative expenses (15.3) — — — — (802.5) — (817.8)
Restructuring and other
charges — — — — — (2.7) — (2.7)
Depreciation and
amortization — — — — — (951.7) — (951.7)
Operating income (loss) (15.3) — — — — 714.4 —699.1
Interest expense (112.4) (155.2) (10.9) (344.4) — (939.2) 1,163.6 (398.5)
Loss on extinguishment of
debt — (187.8) — — — — — (187.8)
Gain (loss) on derivative
instruments 174.2 — — (26.1) — — — 148.1
Foreign currency losses (0.1) (7.8)(2.8)(24.5) — (4.5)33.4 (6.3)
Interest income and other, net — 167.2 15.5 186.2 —801.5 (1,163.6) 6.8
Income tax benefit (expense) — — 0.1 (0.6) — 2,591.7 — 2,591.2
Income (loss) from continuing
operations 46.4 (183.6) 1.9 (209.4) — 3,163.9 33.4 2,852.6
Equity in net income (loss) of
subsidiaries 2,806.2 2,902.4 2,804.2 3,078.4 3,076.4 — (14,667.6) —
Net income £ 2,852.6 £ 2,718.8 £ 2,806.1 £ 2,869.0 £ 3,076.4 £ 3,163.9 £ (14,634.2) £ 2,852.6
Total comprehensive income £ 2,816.8 £ 2,671.7 £ 2,761.2 £ 2,821.8 £ 3,077.0 £ 3,164.5 £ (14,496.2) £ 2,816.8
Table of Contents
VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 16—Condensed Consolidating Financial Information—Senior Notes (continued)