Cincinnati Bell 2012 Annual Report Download - page 191

Form 10-K Part II Cincinnati Bell Inc.
Details of our service and product revenues including eliminations are as follows:
Year Ended December 31,
(dollars in millions) 2012 2011 2010
Service revenue
Wireline ....................................................... $ 705.0 $ 703.3 $ 710.9
Wireless ....................................................... 222.7 250.8 267.1
Data Center Colocation ........................................... 214.9 182.6 123.5
IT Services and Hardware ......................................... 130.2 114.1 97.8
Total service revenue .............................................. $1,272.8 $1,250.8 $1,199.3
Product revenue
Handsets and accessories ......................................... $ 23.2 $ 30.3 $ 19.5
IT, telephony and other equipment .................................. 177.9 181.3 158.2
Total product revenue .............................................. $ 201.1 $ 211.6 $ 177.7
The reconciliation of the Consolidated Statements of Cash Flows to expenditures for long-lived assets is as
follows:
Year Ended December 31,
(dollars in millions) 2012 2011 2010
Per Consolidated Statements of Cash Flows:
Capital expenditures ............................................. $367.2 $255.5 $149.7
Acquisitions of businesses, net of cash acquired ....................... — — 526.7
Total expenditures for long-lived assets ................................ $367.2 $255.5 $676.4
16. Supplemental Cash Flow Information
Year Ended December 31,
(dollars in millions) 2012 2011 2010
Capitalized interest expense ......................................... $ 2.7 $ 3.5 $ 0.9
Cash paid /(received) for:
Interest ....................................................... 217.9 211.8 172.4
Income taxes, net of refunds ....................................... 0.1 (1.2) 3.5
Noncash investing and financing activities:
Acquisition of property by assuming debt and other financing
arrangements ................................................. 19.9 49.7 21.0
Acquisition of property on account ................................. 30.7 22.8 9.6
Accrued CyrusOne stock issuance costs ............................. 2.2 — —
17. Supplemental Guarantor Information—Cincinnati Bell Telephone Notes
CBT, a wholly-owned subsidiary of Cincinnati Bell Inc. (the “Parent Company”), had $134.5 million in
notes outstanding at December 31, 2012 that are guaranteed by the Parent Company and no other subsidiaries of
the Parent Company. The guarantee is full and unconditional. The Parent Company’s subsidiaries generate
substantially all of its income and cash flow and generally distribute or advance the funds necessary to meet the
Parent Company’s debt service obligations.
The following information sets forth the Condensed Consolidating Balance Sheets of the Company as of
December 31, 2012 and 2011 and the Condensed Consolidating Statements of Operations and Comprehensive
Income and Cash Flows for the years ended December 31, 2012, 2011, and 2010 of (1) the Parent Company, as
the guarantor, (2) CBT, as the issuer, and (3) the non-guarantor subsidiaries on a combined basis.
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Form 10-K