XM Radio 2009 Annual Report Download - page 1
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PROXY STATEMENT
AND
2009 ANNUAL REPORT
TABLE OF CONTENTS
Letter to Stockholders
Notice of Annual Meeting of Stockholders
Proxy Statement .............................................. 1
Annual Report
Management’s Discussion and Analysis of Financial Condition and Results of
Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
Comparison of Cumulative Total Returns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
Selected Financial Data. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
Quantitative and Qualitative Disclosure About Market Risks . . . . . . . . . . . . . . . . . . 50
Reports of Independent Registered Public Accounting Firm . . . . . . . . . . . . . . . . . . F-2
Consolidated Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F-5
Notes to Consolidated Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . F-9