Blizzard 2009 Annual Report Download - page 24

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12
SchedulesofReconciliationofReportedConsolidatedandSegmentFinancialInformationtoProForma
ConsolidatedandSegmentFinancialInformationfortheYearsEndedDecember31,2008and2007
FortheyearendedDecember31,2008,theproformaconsolidatedfinancialinformationbelowis
comprisedofActivision,Inc.’sfinancialinformationfortheperiodJanuary1,2008toJuly9,2008together
withActivisionBlizzard’sreportedfinancialinformationfortheyearendedDecember31,2008.
Activision,Inc.’sfinancialinformationforthethreemonthsendedMarch31,2008andJune30,2008are
extractedfromthequarterlyinformationwhichhasnotbeenaudited.Activision,Inc.’sfinancial
informationfromJuly1,2008toJuly9,2008hasnotbeenaudited.InconjunctionwiththeBusiness
Combination,seniormanagementchangedthemannerinwhichtheyassesstheoperatingperformanceof,
andallocateresourcesto,ouroperatingsegmentsduringtheyearendedDecember31,2008.
FortheyearendedDecember31,2008
Reported
Activision,Inc.
Proforma
adjustments(i)
Proforma
Activision
Blizzard
Consolidatednetrevenues....................................................
$3,026
$1,310
$—
$4,336
Reconciliationtosegmentnetrevenues:
Neteffectfromdeferralofnetrevenues..............................
713
—
—
713
Other(ii)...............................................................................
(17)
—
—
(17)
Totalsegmentnetrevenues...................................................
$3,722
$1,310
$—
$5,032
Segmentnetrevenues
Activision............................................................................
$2,152
$1,127
$—
$3,279
Blizzard...............................................................................
1,343
—
—
1,343
Distribution..........................................................................
227
183
—
410
Totalsegmentnetrevenues...................................................
$3,722
$1,310
$—
$5,032
Consolidatedoperatingincome(loss)................................
$(233)
$85
$(106)
$(254)
Reconciliationtosegmentoperatingincome(loss):
Neteffectfromdeferralofnetrevenuesandrelated
costofsales................................................................
496
—
—
496
Stockbasedcompensationexpense................................
90
32
59
181
Restructuring.......................................................................
93
—
—
93
Amortizationofintangibleassetsandpurchaseprice
accountingrelatedadjustments........................................
292
—
84
376
Integrationandtransactioncosts.........................................
29
50
(37)
42
Other(ii)...............................................................................
266
—
—
266
Totalsegmentoperatingincome(loss)from
operations...........................................................................
$1,033
$167
$—
$1,200
Segmentincomefromoperations
Activision............................................................................
$307
$162
$—
$469
Blizzard...............................................................................
704
—
—
704
Distribution..........................................................................
22
5
—
27
Totalsegmentincomefromoperations................................
$1,033
$167
$—
$1,200
Consolidatednetincome(loss).............................................
$(107)
$60
$(64)
$(111)