Windstream 2014 Annual Report Download - page 203

Download and view the complete annual report

Please find page 203 of the 2014 Windstream annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 216

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-87
13. Supplemental Guarantor Information, Continued:
Condensed Consolidating Statement of Comprehensive Income (Loss)
For the Year Ended December 31, 2013
(Millions)
Windstream
Corp.
PAETEC
Issuer Guarantors
Non-
Guarantors Eliminations Consolidated
Revenues and sales:
Service revenues $ — $ — $ 1,940.7 $ 3,841.9 $ (7.1) $ 5,775.5
Product sales — — 140.2 74.5 (2.1) 212.6
Total revenues and sales — — 2,080.9 3,916.4 (9.2) 5,988.1
Costs and expenses:
Cost of services — — 1,166.1 1,329.2 (3.2) 2,492.1
Cost of products sold — — 111.1 75.3 (2.5) 183.9
Selling, general and administrative — — 521.5 403.5 (2.1) 922.9
Depreciation and amortization 25.0 — 396.7 919.2 — 1,340.9
Merger and integration costs — — (0.4) 30.6 — 30.2
Restructuring charges — — 3.4 5.2 — 8.6
Total costs and expenses 25.0 — 2,198.4 2,763.0 (7.8) 4,978.6
Operating (loss) income (25.0) — (117.5) 1,153.4 (1.4) 1,009.5
Earnings (losses) from consolidated
subsidiaries 526.1 (66.5) 0.5 0.7 (460.8)—
Other income (expense), net 2.1 — 0.9 (15.5)—
(12.5)
Loss on early extinguishment of debt (17.2) (11.3)— — —
(28.5)
Intercompany interest income (expense) 134.5 — — (134.5)— —
Interest (expense) income (584.6) (40.9)0.2 (2.4)—
(627.7)
Income (loss) from continuing operations
before income taxes 35.9 (118.7)(115.9) 1,001.7 (462.2) 340.8
Income tax (benefit) expense (205.4) (19.3)(36.9) 366.8 0.3 105.5
Income (loss) from continuing operations 241.3 (99.4)(79.0) 634.9 (462.5) 235.3
Discontinued operations — — 6.0 — — 6.0
Net income (loss) $ 241.3 $ (99.4)$ (73.0) $ 634.9 $ (462.5) $ 241.3
Comprehensive income (loss) $ 263.4 $ (99.4)$ (73.0) $ 634.9 $ (462.5) $ 263.4