Sprint - Nextel 2013 Annual Report Download - page 171

Table of Contents
Index to Consolidated Financial Statements
CLEARWIRE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
See notes to consolidated financial statements
F - 51
190 Days Ended July
9,
Year ended December 31,
2013
2012
2011
(In thousands)
Revenues
$
665,602
$
1,264,694
$
1,253,466
Operating expenses:
Cost of goods and services and network costs (exclusive of items shown separately below)
439,351
908,078
1,249,966
Selling, general and administrative expense
294,913
558,202
698,067
Depreciation and amortization
370,411
768,193
687,636
Spectrum lease expense
178,989
326,798
308,693
Loss from abandonment of network and other assets
833
82,206
700,341
Total operating expenses
1,284,497
2,643,477
3,644,703
Operating loss
(618,895
)
(1,378,783
)
(2,391,237
)
Other income (expense):
Interest income
612
1,895
2,335
Interest expense
(305,632
)
(553,459
)
(505,992
)
Gain on derivative instruments
5,337
1,356
145,308
Other income (expense), net
1,753
(12,153
)
681
Total other expense, net
(297,930
)
(562,361
)
(357,668
)
Loss from continuing operations before income taxes
(916,825
)
(1,941,144
)
(2,748,905
)
Income tax benefit (provision)
(185,480
)
197,399
(106,828
)
Net loss from continuing operations
(1,102,305
)
(1,743,745
)
(2,855,733
)
Less: non - controlling interests in net loss from continuing operations of consolidated
subsidiaries
522,505
1,182,183
2,158,831
Net loss from continuing operations attributable to Clearwire Corporation
(579,800
)
(561,562
)
(696,902
)
Net loss from discontinued operations attributable to Clearwire Corporation, net of tax
—
( 167,005
)
(20,431
)
Net loss attributable to Clearwire Corporation
$
(579,800
)
$
(728,567
)
$
(717,333
)