Twenty-First Century Fox 2003 Annual Report Download - page 69

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67The News Corporation Limited
Notes to and forming part of the Concise Financial Report (Continued)
FOR THE YEAR ENDED 30 JUNE, 2003
➤ NOTE 2Business segment data (continued)
Consolidated
2003 A$ million
Direct
Cable Broadcast
Filmed Network Satellite Magazines & Book
Entertainment Television Programming Television Inserts Newspapers Publishing Other Unallocated Total
Assets
Investments in associated entities 99 9 2,585 1,124 590 1,119 5,526
Segment assets 6,468 19,888 9,016 3,559 2,181 7,695 2,927 1,848 53,582
Corporate assets 8,639 8,639
Total assets 6,567 19,897 11,601 4,683 2,181 8,285 2,927 2,967 8,639 67,747
Liabilities
Segment liabilities 3,618 3,968 807 1,415 483 591 759 1,492 13,133
Corporate liabilities 15,893 15,893
Total liabilities 3,618 3,968 807 1,415 483 591 759 1,492 15,893 29,026
Acquisition of assets 20 1,066 123 2,052 3 93 8 228 3,593
Depreciation and amortisation 129 177 73 44 11 225 9 108 776
Consolidated
2002 A$ million
Direct
Cable Broadcast
Filmed Network Satellite Magazines & Book
Entertainment Television Programming Television Inserts Newspapers Publishing Other Unallocated Total
Assets
Investments in associated entities 79 183 2,826 1,579 403 1,805 6,875
Segment assets 7,380 22,864 10,627 2,527 8,249 3,037 1,745 56,429
Corporate assets 8,137 8,137
Total assets 7,459 23,047 13,453 1,579 2,527 8,652 3,037 3,550 8,137 71,441
Liabilities
Segment liabilities 4,209 4,965 1,146 488 755 630 1,367 13,560
Corporate liabilities 18,413 18,413
Total liabilities 4,209 4,965 1,146 488 755 630 1,367 18,413 31,973
Acquisition of assets 103 5,473 1,546 9 197 10 242 7,580
Depreciation and amortisation 131 193 82 13 225 15 90 749
In April 2003, the Group and Telecom Italia completed the previously announced acquisition of Telepiu, S.p.A. (“Telepiu”) from
Vivendi Universal. Telepiu has been merged with Stream S.p.A (“Stream”), and the combined platform has been renamed SKY
Italia, which is owned 80.1% by the Group and 19.9% by Telecom Italia. The results of SKY Italia have been included in the
Group’s Statement of Financial Performance from 30 April, 2003, the date of acquisition, and are presented in a new segment,
Direct Broadcast Satellite Television. Prior year segment disclosure, including investments in associated entities, has been
reclassified, as appropriate, to conform to this new presentation.