Virgin Media 2012 Annual Report Download - page 132

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F-61
Year ended December 31, 2011
Statements of comprehensive income Company
Virgin Media
Secured
Finance Guarantors Non-
Guarantors Adjustments Total
(in millions)
Revenue £ — £ — £ 3,534.6 £ 457.2 £ — £ 3,991.8
Operating costs — — (1,324.9) (280.7) — (1,605.6)
Selling, general and administrative expenses (13.2) — (703.7) (79.1) — (796.0)
Restructuring and other charges — — (8.0)(0.4) — (8.4)
Depreciation and amortization — — (917.9) (123.7) — (1,041.6)
Operating income (loss) (13.2) — 580.1 (26.7) — 540.2
Interest expense (66.2) (152.3) (1,050.5) (443.5) 1,271.7 (440.8)
Loss on extinguishment of debt — — (47.2) — — (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) — 22.7 (24.7) — (2.4)
Interest and other income, net 3.7 153.8 763.9 432.9 (1,271.7) 82.6
Income tax (expense) benefit — — (18.9) 2.9 — (16.0)
Income (loss) from continuing operations (119.5) 1.5 242.8 (47.7) — 77.1
Loss on discontinued operations, net of tax — — — (1.2) — (1.2)
Equity in net income (loss) of subsidiaries £ 195.4 £ — £ (34.9) £ 244.3 £(404.8) £ —
Net income £ 75.9 £ 1.5 £ 207.9 £195.4 £(404.8) £ 75.9
Total comprehensive income £ 19.4 £ 1.5 £ 164.2 £151.1 £(316.8) £ 19.4
Table of Contents
VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 17—Condensed Consolidating Financial Information - Senior Secured Notes (continued)