Virgin Media 2012 Annual Report Download - page 124
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F-53
Year ended December 31, 2011
Statements of comprehensive
income Company
Virgin
Media
Finance Other
guarantors VMIH VMIL All other
subsidiaries Adjustments Total
(in millions)
Revenue £ — £ — £ — £ — £ — £ 3,991.8 £ — £ 3,991.8
Operating costs — — — — — (1,605.6) — (1,605.6)
Selling, general and
administrative expenses (13.2) — — — — (782.8) — (796.0)
Restructuring and other
charges — — — — — (8.4) — (8.4)
Depreciation and
amortization — — — — — (1,041.6) — (1,041.6)
Operating income (loss) (13.2) — — — — 553.4 —540.2
Interest expense (66.2) (188.8) (35.7) (382.0) — (1,035.2) 1,267.1 (440.8)
Loss on extinguishment of
debt — (18.3) — — — (28.9) — (47.2)
Share of income from equity
investments — — — — — 18.6 —18.6
Loss on disposal of equity
investments — — — — — (7.2) — (7.2)
Loss on derivative
instruments (43.4) — — (7.3) — — — (50.7)
Foreign currency (losses)
gains (0.4) 0.2 (4.2)(0.4) — 2.4 — (2.4)
Interest income and other, net 3.7 190.4 39.4 178.9 —937.3 (1,267.1) 82.6
Income tax (expense) benefit — — (0.3)(23.3) — 7.6 — (16.0)
Income (loss) from continuing
operations (119.5) (16.5) (0.8) (234.1) — 448.0 —77.1
Loss on discontinued
operations, net of tax — — — — — (1.2) — (1.2)
Equity in net income (loss) of
subsidiaries 195.4 187.7 196.3 422.0 496.7 — (1,498.1) —
Net income (loss) £ 75.9 £ 171.2 £195.5 £187.9 £496.7 £446.8 £ (1,498.1) £ 75.9
Total comprehensive income £ 19.4 £ 127.5 £151.2 £144.2 £499.5 £449.6 £ (1,372.0) £ 19.4
Table of Contents
VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 16—Condensed Consolidating Financial Information—Senior Notes (continued)