Virgin Media 2014 Annual Report Download - page 60

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58
The Predecessor and Successor consolidated financial information presented within the condensed consolidated financial
statements and accompanying notes is not comparable primarily due to the fact that the Successor consolidated financial information
reflects:
• the application of acquisition accounting as of June 7, 2013 of which the most significant implications are (i) increased
depreciation expense, (ii) increased amortization expense and (iii) increased share-based compensation expense;
• conforming accounting policy changes, primarily to align to Liberty Global’s accounting policy for the recognition of
installation fees received on B2B contracts, as further described in note 1 to our condensed consolidated financial
statements; and
• additional interest expense associated with debt financing arrangements entered into in connection with the LG/VM
Transaction and subsequently pushed down to our balance sheet.