DTV » Topics » Note 15: Other Income and Expenses

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

Note 15: Other Income and Expenses

        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:

 
 
2008
 
2007
 
2006
 
 
  (Dollars in Millions)
 

Equity in earnings from unconsolidated affiliates

  $ 55   $ 35   $ 27  

Net gain (loss) from sale of investments

    1     (6 )   14  

Other

    (1 )   (3 )   1  
               
   

Total other, net

  $ 55   $ 26   $ 42  
               

        See Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.

34



THE DIRECTV GROUP, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)

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

Note 15: Other Income and Expenses

        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:

 
 
2008
 
2007
 
2006
 
 
  (Dollars in Millions)
 

Equity in earnings from unconsolidated affiliates

  $ 55   $ 35   $ 27  

Net gain (loss) from sale of investments

    1     (6 )   14  

Other

    (1 )   (3 )   1  
               
   

Total other, net

  $ 55   $ 26   $ 42  
               

        See Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.

96



THE DIRECTV GROUP, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)

Note 15: Other Income and Expenses

        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:

 
 
2008
 
2007
 
2006
 
 
  (Dollars in Millions)
 

Equity in earnings from unconsolidated affiliates

  $ 55   $ 35   $ 27  

Net gain (loss) from sale of investments

    1     (6 )   14  

Other

    (1 )   (3 )   1  
               
   

Total other, net

  $ 55   $ 26   $ 42  
               

        See Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.

96



THE DIRECTV GROUP, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)

Note 15: Other Income and Expenses



        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:















































































































 
 
2008



 
2007



 
2006



 
 
 (Dollars in Millions)
 

Equity in earnings from unconsolidated affiliates

 $55 $35 $27 

Net gain (loss) from sale of investments

  1  (6) 14 

Other

  (1) (3) 1 
        
  

Total other, net

 $55 $26 $42 
        




        See
Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.



96









THE DIRECTV GROUP, INC.



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)



Note 15: Other Income and Expenses



        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:















































































































 
 
2008



 
2007



 
2006



 
 
 (Dollars in Millions)
 

Equity in earnings from unconsolidated affiliates

 $55 $35 $27 

Net gain (loss) from sale of investments

  1  (6) 14 

Other

  (1) (3) 1 
        
  

Total other, net

 $55 $26 $42 
        




        See
Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.



96









THE DIRECTV GROUP, INC.



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)



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

Note 14: Other Income and Expenses

        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:

 
  2007
  2006
  2005
 
 
  (Dollars in Millions)

 
Equity in earnings from unconsolidated affiliates   $ 35   $ 27   $ 1  
Net (loss) gain from sale of investments     (6 )   14     (1 )
Refinancing transaction expenses             (65 )
Other     (3 )   1      
   
 
 
 
  Total other, net   $ 26   $ 42   $ (65 )
   
 
 
 

        During 2005, DIRECTV U.S. completed a series of refinancing transactions that resulted in a pre-tax charge of $65 million ($40 million after tax), of which $41 million was associated with the premium paid for the redemption of a portion of our 8.375% senior notes and $24 million with the write-off of a portion of our deferred debt issuance costs and other transaction costs.

        See Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.

95


THE DIRECTV GROUP, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS--(continued)

Note 14: Other Income and Expenses



        The following table summarizes the components of "Other, net" in our Consolidated Statements of Operations for the years ended December 31:











































































































 
 2007
 2006
 2005
 
 
 (Dollars in Millions)

 
Equity in earnings from unconsolidated affiliates $35 $27 $1 
Net (loss) gain from sale of investments  (6) 14  (1)
Refinancing transaction expenses      (65)
Other  (3) 1   
  
 
 
 
 Total other, net $26 $42 $(65)
  
 
 
 




        During
2005, DIRECTV U.S. completed a series of refinancing transactions that resulted in a pre-tax charge of $65 million ($40 million after tax), of which
$41 million was associated with the premium paid for the redemption of a portion of our 8.375% senior notes and $24 million with the write-off of a portion of our deferred
debt issuance costs and other transaction costs.



        See
Note 6 regarding equity method investments and net gains and losses recorded on the sale of investments.



95








THE DIRECTV GROUP, INC.



NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS--(continued)




This excerpt taken from the DTV 10-K filed Mar 1, 2007.

Note 15: Other Income and Expenses

        The following table summarizes the components of "Other, net" for the years ended December 31:

 
  2006
  2005
  2004
 
 
  (Dollars in Millions)

 
Equity in earnings (losses) from unconsolidated affiliates   $ 26.6   $ 0.7   $ (0.2 )
Net (loss) gain from sale of investments     14.4     (0.6 )   396.5  
Refinancing transaction expenses         (64.9 )    
Other     0.8     (0.2 )   1.3  
   
 
 
 
  Total Other, net   $ 41.8   $ (65.0 ) $ 397.6  
   
 
 
 

        During 2005, DIRECTV U.S. completed a series of refinancing transactions that resulted in a pre-tax charge of $64.9 million ($40.0 million after tax), of which $41.0 million was associated with the premium paid for the redemption of a portion of our 8.375% senior notes and $23.9 million with the write-off of a portion of our deferred debt issuance costs and other transaction costs.

        See Note 7 regarding equity method investments and net gains (losses) recorded on the sale of investments.

"Note 15: Other Income and Expenses" elsewhere:

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