Twenty-First Century Fox 2003 Annual Report Download - page 68

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The News Corporation Limited66
Notes to and forming part of the Concise Financial Report (continued)
FOR THE YEAR ENDED 30 JUNE, 2003
➤ NOTE 2Business segment data (continued)
Consolidated
2001 A$ million
Direct
Cable Broadcast
Filmed Network Satellite Magazines & Book
Note Entertainment Television Programming Television Inserts Newspapers Publishing Other Unallocated Total
Sales revenue 6,795 6,838 2,696 1,675 4,600 1,907 1,067 25,578
Operating expenses (6,308) (5,831) (2,499) (1,238) (3,696) (1,702) (1,211) (22,485)
Operating income 487 1,007 197 437 904 205 (144) 3,093
Net (loss) profit from associated
entities before other items 5 (36) (61) 15 (247) 34 133 (162)
Net borrowing costs (935) (935)
Dividend on exchangeable securities (90) (90)
Income tax expense before other items (428) (428)
Outside equity interest before
other items 3 (196) (196)
Profit before change in accounting
policy and other items 1,282
Other revenues before income tax 6 723 1,213 1,399 3,335
Other expenses before income tax 6 (888) (1,111) (68) (2,542) (4,609)
Income tax expense on other items 6 19 19
Net loss from associate other items 5 (78) (9) (87)
Change in accounting policy 7 (1,107) (1,107)
Income tax benefit on change
in accounting policy 421 421
Net (loss) profit attributable to
members of the parent entity (656) 781 314 (325) 369 929 205 (1,154) (1,209) (746)
Total segment revenue per AASB 1005 “Segment Reporting” is the addition of Sales revenue, Net profit (loss) from associated
entities before Other items, Other revenues before income tax and Net profit (loss) from associate Other items.
Intersegment revenues generated primarily by the Filmed Entertainment segment of $1,127 million (2002 $1,484 million, 2001
$843 million) have been eliminated on consolidation within the Filmed Entertainment segment. Intersegment operating (losses)
profits generated primarily by the Filmed Entertainment segment of ($23 million) (2002 $76 million, 2001 $24 million) have been
eliminated on consolidation within the Filmed Entertainment segment.