CONDENSED STATEMENTS OF OPERATIONS (Parent Company Only) for The_DirecTV

Send us Feedback

The DirecTV Group (DTV)

	SUMMARY

	BULLS

	BEARS

	TOPICS

	DATA CENTRAL

	STOCK CHART

	SEC FILINGS

	BALANCE

	INCOME

	CASH FLOW

DTV » Topics » CONDENSED STATEMENTS OF OPERATIONS (Parent Company Only)

This excerpt taken from the DTV 8-K filed Jun 1, 2009.

CONDENSED STATEMENTS OF OPERATIONS
(Parent Company Only)

		Years Ended December 31,

		2008			2007			2006
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	68		$	87		$	79

Operating loss			(68	)		(87	)		(79	)
Interest income			35			43			61
Interest expense			(3	)		(3	)		(5	)
Equity in net earnings of subsidiaries			2,430			2,434			2,309
Other, net			(15	)		(10	)		—

Income from continuing operations before income taxes			2,379			2,377			2,286
Income tax expense			(864	)		(943	)		(866	)

Income from continuing operations			1,515			1,434			1,420
Income from discontinued operations, net of taxes			6			17			—

Net income		$	1,521		$	1,451		$	1,420

These excerpts taken from the DTV 10-K filed Feb 27, 2009.

CONDENSED STATEMENTS OF OPERATIONS
(Parent Company Only)

		Years Ended December 31,

		2008			2007			2006
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	68		$	87		$	79

Operating loss			(68	)		(87	)		(79	)
Interest income			35			43			61
Interest expense			(3	)		(3	)		(5	)
Equity in net earnings of subsidiaries			2,430			2,434			2,309
Other, net			(15	)		(10	)		—

Income from continuing operations before income taxes			2,379			2,377			2,286
Income tax expense			(864	)		(943	)		(866	)

Income from continuing operations			1,515			1,434			1,420
Income from discontinued operations, net of taxes			6			17			—

Net income		$	1,521		$	1,451		$	1,420

CONDENSED STATEMENTS OF OPERATIONS
(Parent Company Only)

		Years Ended December 31,

		2008			2007			2006
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	68		$	87		$	79

Operating loss			(68	)		(87	)		(79	)
Interest income			35			43			61
Interest expense			(3	)		(3	)		(5	)
Equity in net earnings of subsidiaries			2,430			2,434			2,309
Other, net			(15	)		(10	)		—

Income from continuing operations before income taxes			2,379			2,377			2,286
Income tax expense			(864	)		(943	)		(866	)

Income from continuing operations			1,515			1,434			1,420
Income from discontinued operations, net of taxes			6			17			—

Net income		$	1,521		$	1,451		$	1,420

CONDENSED STATEMENTS OF OPERATIONS

(Parent Company Only)

		Years Ended December 31,

		2008			2007			2006
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	68		$	87		$	79

Operating loss			(68	)		(87	)		(79	)
Interest income			35			43			61
Interest expense			(3	)		(3	)		(5	)
Equity in net earnings of subsidiaries			2,430			2,434			2,309
Other, net			(15	)		(10	)		—

Income from continuing operations before income taxes			2,379			2,377			2,286
Income tax expense			(864	)		(943	)		(866	)

Income from continuing operations			1,515			1,434			1,420
Income from discontinued operations, net of taxes			6			17			—

Net income		$	1,521		$	1,451		$	1,420

CONDENSED STATEMENTS OF OPERATIONS

(Parent Company Only)

		Years Ended December 31,

		2008			2007			2006
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	68		$	87		$	79

Operating loss			(68	)		(87	)		(79	)
Interest income			35			43			61
Interest expense			(3	)		(3	)		(5	)
Equity in net earnings of subsidiaries			2,430			2,434			2,309
Other, net			(15	)		(10	)		—

Income from continuing operations before income taxes			2,379			2,377			2,286
Income tax expense			(864	)		(943	)		(866	)

Income from continuing operations			1,515			1,434			1,420
Income from discontinued operations, net of taxes			6			17			—

Net income		$	1,521		$	1,451		$	1,420

These excerpts taken from the DTV 10-K filed Feb 25, 2008.

CONDENSED STATEMENTS OF OPERATIONS
(Parent Company Only)

		Years Ended December 31,
		2007			2006			2005
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	87		$	79		$	91

Total operating costs and expenses			87			79			91
Operating loss			(87	)		(79	)		(91	)
Interest income			43			61			110
Interest expense			(3	)		(5	)		(5	)
Equity in net earnings (losses) of subsidiaries			2,434			2,309			465
Other, net			(10	)		—			(1	)

Income from continuing operations before income taxes			2,377			2,286			478
Income tax expense			(943	)		(866	)		(142	)

Income from continuing operations			1,434			1,420			336
Income from discontinued operations, net of taxes			17			—			—

Net income		$	1,451		$	1,420		$	336

CONDENSED STATEMENTS OF OPERATIONS

(Parent Company Only)

		Years Ended December 31,
		2007			2006			2005
		(Dollars in Millions)
Operating costs and expenses
	General and administrative expenses	$	87		$	79		$	91

Total operating costs and expenses			87			79			91
Operating loss			(87	)		(79	)		(91	)
Interest income			43			61			110
Interest expense			(3	)		(5	)		(5	)
Equity in net earnings (losses) of subsidiaries			2,434			2,309			465
Other, net			(10	)		—			(1	)

Income from continuing operations before income taxes			2,377			2,286			478
Income tax expense			(943	)		(866	)		(142	)

Income from continuing operations			1,434			1,420			336
Income from discontinued operations, net of taxes			17			—			—

Net income		$	1,451		$	1,420		$	336

EXCERPTS ON THIS PAGE:

8-K	Jun 1, 2009

10-K (4 sections)	Feb 27, 2009

10-K (2 sections)	Feb 25, 2008

"CONDENSED STATEMENTS OF OPERATIONS (Parent Company Only)" elsewhere:

Liberty Global (LBTYA)

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.

Mobile | Advertise | Licensing & Partnerships | Blogger Tools | Jobs

The DirecTV Group (DTV)

DTV » Topics » CONDENSED STATEMENTS OF OPERATIONS (Parent Company Only)

EXCERPTS ON THIS PAGE:

RELATED TOPICS for DTV:

"CONDENSED STATEMENTS OF OPERATIONS (Parent Company Only)" elsewhere: