Charter 2015 Annual Report Download - page 101

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The accompanying notes are an integral part of these consolidated financial statements.
F- 4
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(dollars in millions, except per share and share data)
Year Ended December 31,
2015 2014 2013
REVENUES $ 9,754 $ 9,108 $ 8,155
COSTS AND EXPENSES:
Operating costs and expenses (exclusive of items shown
separately below) 6,426 5,973 5,345
Depreciation and amortization 2,125 2,102 1,854
Other operating expenses, net 89 62 47
8,640 8,137 7,246
Income from operations 1,114 971 909
OTHER EXPENSES:
Interest expense, net (1,306) (911) (846)
Loss on extinguishment of debt (128) — (123)
Gain (loss) on derivative instruments, net (4) (7) 11
Other expense, net (7) — —
(1,445) (918) (958)
Income (loss) before income taxes (331) 53 (49)
Income tax benefit (expense) 60 (236) (120)
Net loss $ (271) $ (183) $ (169)
LOSS PER COMMON SHARE, BASIC AND DILUTED $ (2.43) $ (1.70) $ (1.65)
Weighted average common shares outstanding, basic and diluted 111,869,771 108,374,160 101,934,630
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(dollars in millions)
Year Ended December 31,
2015 2014 2013
Net loss $ (271) $ (183) $ (169)
Net impact of interest rate derivative instruments, net of tax 91934
Comprehensive loss $ (262) $ (164) $ (135)