Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

 v2.3.0.11
Information About Liberty's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2011
Information About Liberty's Operating Segments  
Performance Measures By Segment

Performance Measures

 

                Six months ended June 30,               

 

             2011             

             2010             

 

 

 Adjusted         

 

  Adjusted

 

Revenue

    OIBDA 

Revenue

    OIBDA 

 

amounts in millions

Interactive Group

 

 

 

 

     QVC

$     3,733

           781

       3,515

           769

     Corporate and other

         671

             47

         563

             40

 

      4,404

           828

       4,078

           809

Starz Group

 

 

 

 

     Starz, LLC

         794

           249

         841

           152

     Corporate and other

             1

             (6)

             5

             (7)

     Adjustment for tracking stock purposes (1)

            --

              --

        (228)

             61

 

         795

           243

         618

           206

Capital Group

 

 

 

 

     Corporate and other

         716

           365

         138

            (41)

     Adjustment for tracking stock purposes (1)

            --

              --

         228

            (61)

 

         716

           365

         366

          (102)

 

 

 

 

 

     Consolidated Liberty

$     5,915

        1,436

       5,062

           913

 

(1)As discussed above due to the change in segments the prior periods have been changed to reflect the current segment presentation. The adjustment is necessary to align the tracking stock subtotals to the Unaudited Attributed Financial Information for tracking stock groups found in Exhibit 99.1, wherein this change in attribution has been reflected prospectively.


 

 

 

              Three months ended June 30,             

 

             2011             

             2010             

 

 

 Adjusted         

 

  Adjusted

 

Revenue

    OIBDA 

Revenue

    OIBDA 

 

amounts in millions

Interactive Group

 

 

 

 

     QVC

$     1,898

           418

       1,758

           403

     Corporate and other

         347

             32

         295

             25

 

      2,245

           450

       2,053

           428

Starz Group

 

 

 

 

     Starz, LLC

         403

           118

         392

             53

     Corporate and other

            --

             (1)

             3

             (4)

     Adjustment for tracking stock purposes (1)

            --

              --

          (84)

             54

 

         403

           117

         311

           103

Capital Group

 

 

 

 

     Corporate and other

         135

              7

         116

             (5)

     Adjustment for tracking stock purposes (1)

            --

              --

           84

            (54)

 

         135

              7

         200

            (59)

 

 

 

 

 

     Consolidated Liberty

$     2,783

           574

       2,564

           472

Other Information By Segment

 

                    June 30, 2011                   

 

 

Investments

 

 

    Total   

       in       

     Capital   

 

   assets  

   affiliates  

expenditures

 

amounts in millions

Interactive Group

 

 

 

     QVC

$   13,401

                2

                80

     Corporate and other

       4,168

          1,016

                23

 

     17,569

          1,018

              103

Starz Group

 

 

 

     Starz, LLC

       1,941

               --

                  2

     Corporate and other

         820

               --

                 --

 

       2,761

               --

                  2

Capital Group

 

 

 

     Corporate and other

       6,515

             460

                  4

 

       6,515

             460

                  4

 

 

 

 

Inter-group eliminations

        (267)

               --

                 --

     Consolidated Liberty

$   26,578

          1,478

              109

Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes

 

      Three months ended

        Six months ended

 

               June 30,            

               June 30,            

 

    2011   

    2010   

    2011   

    2010   

 

amounts in millions

 

 

 

 

 

Consolidated segment Adjusted OIBDA

$        574

          472

       1,436

          913

Stock-based compensation

           (24)

           (21)

           (51)

           (60)

Gain on legal settlement

             --

             --

             7

             --

Depreciation and amortization

         (168)

         (164)

         (338)

         (326)

Interest expense

         (110)

         (174)

         (227)

         (344)

Share of earnings of affiliates, net

            15

            39

             7

            48

Realized and unrealized gains (losses) on financial instruments, net

          143

           (81)

          186

            86

Gains (losses) on dispositions, net

             --

            25

            (2)

          388

Other, net

            29

             2

            72

             --

      Earnings from continuing operations before income taxes

$        459

            98

       1,090

          705