Charter 2013 Annual Report Download - page 123

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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2013, 2012 AND 2011
(dollars in millions, except share or per share data or where indicated)
F- 41
Charter Communications, Inc.
Condensed Consolidating Statement of Operations
For the year ended December 31, 2013
Charter
Intermediate
Holding
Companies
CCO
Holdings
Charter
Operating
and
Subsidiaries Eliminations
Charter
Consolidated
REVENUES $ 22 $ 188 $ — $ 8,155 $ (210) $ 8,155
COSTS AND EXPENSES:
Operating costs and expenses (excluding
depreciation and amortization) 22 188 — 5,345 (210) 5,345
Depreciation and amortization — — — 1,854 — 1,854
Other operating expenses, net ———31—31
22 188 — 7,230 (210) 7,230
Income from operations — — — 925 — 925
OTHER INCOME AND (EXPENSES):
Interest expense, net — 8 (681) (173) — (846)
Loss on extinguishment of debt — — (65) (58) — (123)
Gain on derivative instruments, net ———11—11
Other expense, net — — — (16) — (16)
Equity in income (loss) of subsidiaries (75) (114) 632 — (443) —
(75) (106) (114) (236) (443) (974)
Income (loss) before income taxes (75) (106) (114) 689 (443) (49)
INCOME TAX EXPENSE (108) (1) — (11) — (120)
Consolidated net income (loss) (183) (107) (114) 678 (443) (169)
Less: Net (income) loss – non-controlling
interest 14 32 — (46) — —
Net income (loss) $ (169) $ (75) $ (114) $ 632 $ (443) $ (169)