Virgin Media 2013 Annual Report Download - page 88

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VIRGIN MEDIA INC.
(See note 1)
Notes to Consolidated Financial Statements — (Continued)
December 31, 2013, 2012 and 2011
II - 63
(16) Segment Reporting
During the third quarter of 2013, we determined that our business now comprises a single operating segment. Prior to the
third quarter of 2013, we had disclosed two reportable segments, consisting of the consumer segment and the business segment.
This change in segment reporting reflects changes in how our new chief operating decision maker reviews the results of our
business. Following the LG/VM Transaction, segment information for all periods presented has been restated to reflect this change.
We operate in one geographical area, the U.K., within which we provide digital cable, broadband internet, fixed-line telephony
and mobile services to residential and/or business customers.
Our revenue by major category is set forth below (in millions):
Successor Predecessor
Period from
June 8 to
December 31,
2013
Period from
January 1 to
June 7, 2013
Year ended
December 31,
2012
Year ended
December 31,
2011
Subscription revenue:
Digital cable ........................................................................... £ 553.1 £ 423.6 £ 886.9 £ 819.9
Broadband internet................................................................. 494.0 377.8 800.3 729.0
Fixed-line telephony............................................................... 546.1 433.2 998.3 1,029.5
Cable subscription revenue (a)............................................. 1,593.2 1,234.6 2,685.5 2,578.4
Mobile (b)............................................................................... 252.8 187.5 437.9 428.9
Total subscription revenue................................................. 1,846.0 1,422.1 3,123.4 3,007.3
B2B revenue ............................................................................. 330.1 275.0 670.3 637.5
Other revenue (c)...................................................................... 134.1 113.1 306.8 347.0
Total revenue................................................................... £ 2,310.2 £ 1,810.2 £ 4,100.5 £ 3,991.8
______________
(a) Cable subscription revenue includes amounts received from subscribers for ongoing services, excluding installation fees,
mobile services revenue and late fees. Subscription revenue from subscribers who purchase bundled services at a discounted
rate is generally allocated proportionally to each service based on the standalone price for each individual service.
(b) Mobile subscription revenue excludes £45.8 million, £38.9 million, £106.5 million and £125.9 million, respectively, of
mobile interconnect revenue. Mobile interconnect revenue and revenue from mobile handset sales are included in other
revenue.
(c) Other revenue includes, among other items, interconnect revenue, revenue from our ADSL subscribers that are not serviced
over our network (non-cable), mobile handset sales and installation revenue.