Charter 2010 Annual Report Download - page 140

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2008 2009 2010
Pro Forma Reconciliation of Non-GAAP Measures to GAAP Measures
Consolidated net income (loss) ($2,460) $10,087 ($230)
Plus:
Interest expense, net 1,905 1,088 877
Income tax (benefit) expense (103) (343) 279
Depreciation and amortization 1,301 1,314 1,524
Impairment charges 1,521 2,163 -
Stock compensation expense 33 27 26
Gain (loss) due to bankruptcy related items - (11,830) 6
Gain (loss) on extinguishment of debt (4) - 85
Other, net 101 (31) 20
Adjusted EBITDA 2,294 2,475 2,587
Less: Purchases of property, plant and equipment (1,192) (1,126) (1,203)
Adjusted EBITDA less capital expenditures $1,102 $1,349 $1,384
Net cash flows from operating activities $374 $576 $1,899
Less:
Purchases of property, plant and equipment (1,192) (1,126) (1,203)
Change in accrued expenses related to capital expenditures (39) (10) 8
Free cash flow ($857) ($560) $704
2008 2009 2010
Actual Reconciliation of Non-GAAP Measures to GAAP Measures
Consolidated net income (loss) ($2,447) $10,101 ($237)
Plus:
Interest expense, net 1,905 1,088 877
Income tax (benefit) expense (103) (343) 295
Depreciation and amortization 1,310 1,316 1,524
Impairment charges 1,521 2,163 -
Stock compensation expense 33 27 26
Gain (loss) due to bankruptcy related items - (11,830) 6
Gain (loss) on extinguishment of debt (4) - 85
Other, net 104 (29) 23
Adjusted EBITDA 2,319 2,493 2,599
Less: Purchases of property, plant and equipment (1,202) (1,134) (1,209)
Adjusted EBITDA less capital expenditures $1,117 $1,359 $1,390
Net cash flows from operating activities $399 $594 $1,911
Less:
Purchases of property, plant and equipment
(1,202) (1,134) (1,209)
Change in accrued expenses related to capital expenditures (39) (10) 8
Free cash flow ($842) ($550) $710
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