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Clear Channel Outdoor Holdings (CCO)
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CCO » Topics » TABLE 3-Capital Expenditures-Unaudited

This excerpt taken from the CCO 8-K filed Nov 10, 2008.

TABLE 3—Capital Expenditures—Unaudited

Capital expenditures for the nine months ended September 30, 2008 and 2007 were:

 

(In millions)    September 30,
2008		    September 30,
2007

Non-revenue producing

    $ 59.2    $ 53.7

Revenue producing

      178.7      111.5
             

Total capital expenditures

    $ 237.9    $ 165.2
             

The Company defines non-revenue producing capital expenditures as those expenditures that are required on a recurring basis. Revenue producing capital expenditures are discretionary capital investments for new revenue streams, similar to an acquisition.

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