Cablevision 2013 Annual Report Download - page 176

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
F-67
In connection with the AMC Networks Distribution and the MSG Distribution, the Company entered into
various agreements with AMC Networks and Madison Square Garden, including distribution agreements,
tax disaffiliation agreements, transition services agreements, employee matters agreements and certain
related party arrangements. These agreements govern the Company's relationship with AMC Networks
and Madison Square Garden subsequent to the AMC Networks Distribution and the MSG Distribution.
These agreements also include arrangements with respect to transition services and a number of on-going
relationships. The distribution agreements include agreements that the Company and AMC Networks and
the Company and Madison Square Garden agree to provide each other with indemnities with respect to
liabilities arising out of the businesses the Company transferred to AMC Networks and Madison Square
Garden.
The following table summarizes the revenue and charges (credits) related to services provided to or
received from AMC Networks reflected in continuing operations not discussed elsewhere in the
accompanying combined notes to the consolidated financial statements:
Years Ending December 31,
2013
2012
2011(a)
Revenues, net $ 2,483
$ 3,246
$ 2,741
Operating expenses:
Technical expenses, net of credits .......................................
.
$22,963
$22,751
$ 21,757
Selling, general and administrative expenses (credits):
General and administrative expense allocations.................
.
(1,458)
1,777
(4,797)
Health and welfare plan allocations ..................................
.
-
-
(9,719)
Risk management and general insurance allocations..........
.
-
-
(836)
Other ...............................................................................
.
(407)
(454)
(1,901)
Selling, general and administrative expenses (credits),
subtotal .......................................................................
.
(1,865)
1,323
(17,253)
Operating expenses, net ..................................................
.
21,098
24,074
4,504
Net charges ....................................................................
.
$18,615
$20,828
$ 1,763
___________________________
(a) Amounts relating to AMC Networks for the period prior to the AMC Networks Distribution are eliminated in
consolidation. Operating results of AMC Networks are reported in discontinued operations for all periods
presented prior to the AMC Networks Distribution. Corporate overhead costs previously allocated to AMC
Networks that were not eliminated as a result of the AMC Networks Distribution have been reclassified to
continuing operations and are not reflected in the table above.
The following table summarizes the revenue and charges (credits) related to services provided to or
received from Madison Square Garden reflected in continuing operations not discussed elsewhere in the
accompanying combined notes to the consolidated financial statements:
Years Ending December 31,
2013
2012
2011
Revenues, net $ 3,103
$ 2,538
$ 2,455
Operating expenses:
Technical expenses, net of credits .......................................
.
$156,028
$158,622
$155,559
Selling, general and administrative expenses (credits):
General and administrative expense allocations.................
.
(2,282)
(2,755)
(3,170)
Other ...............................................................................
.
7,133
5,046
3,429
Selling, general and administrative expenses, subtotal ...
.
4,851
2,291
259
Operating expenses, net ..................................................
.
160,879
160,913
155,818
Net charges ....................................................................
.
$157,776
$158,375
$153,363