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EXHIBIT 99.1

Attributed Financial Information for Tracking Stock Groups

        Our Liberty Interactive common stock is intended to reflect the separate performance of our Interactive Group which is comprised of our businesses engaged in video and on-line commerce, including our subsidiaries, QVC, Inc., Provide Commerce, Inc., Backcountry.com, Inc., Bodybuilding.com, LLC and BuySeasons, Inc. and our interests in IAC/InterActiveCorp, Expedia, Inc., HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. Our Liberty Entertainment common stock is intended to reflect the separate performance of our Entertainment Group which includes our wholly-owned subsidiaries Starz Entertainment, LLC, FUN Technologies, Inc, and Liberty Sports Group, our approximate 54% ownership interest in The DIRECTV Group, Inc., as well as other minority equity interests in GSN, LLC and WildBlue Communications, Inc. Our Liberty Capital common stock is intended to reflect the separate performance of our Capital Group which is comprised of all of our assets and businesses not attributed to the Interactive Group or the Entertainment Group.

        The following tables present our assets, liabilities, revenue, expenses and cash flows as of and for the three months ended March 31, 2009 and 2008. The tables further present our assets, liabilities, revenue, expenses and cash flows that are attributed to the Interactive Group, the Entertainment Group and the Capital Group, respectively. The financial information should be read in conjunction with our unaudited condensed consolidated financial statements for the three months ended March 31, 2009 included in this Quarterly Report on Form 10-Q. The attributed financial information presented in the tables has been prepared assuming the Reclassification had been completed as of January 1, 2008.

        Notwithstanding the following attribution of assets, liabilities, revenue, expenses and cash flows to the Interactive Group, the Entertainment Group and the Capital Group, our tracking stock structure does not affect the ownership or the respective legal title to our assets or responsibility for our liabilities. We and our subsidiaries are each responsible for our respective liabilities. Holders of Liberty Interactive common stock, Liberty Entertainment common stock and Liberty Capital common stock are holders of our common stock and are subject to risks associated with an investment in our company and all of our businesses, assets and liabilities. The issuance of Liberty Interactive common stock, Liberty Entertainment common stock and Liberty Capital common stock does not affect the rights of our creditors or creditors of our subsidiaries.

1



SUMMARY ATTRIBUTED FINANCIAL DATA

Interactive Group

 
  March 31,
2009
  December 31,
2008
 
 
  amounts in millions
 

Summary balance sheet data:

             

Current assets

  $ 3,116     3,282  

Cost investments

  $ 679     739  

Equity investments

  $ 782     901  

Total assets

  $ 16,936     17,487  

Long-term debt, including current portion

  $ 7,196     7,131  

Long-term deferred income tax liabilities

  $ 1,889     1,999  

Attributed net assets

  $ 6,176     6,303  

 

 
  Three months ended
March 31,
 
 
  2009   2008  
 
  amounts in millions
 

Summary operations data:

             

Revenue

  $ 1,831     1,950  

Cost of sales

    (1,183 )   (1,238 )

Operating expenses

    (172 )   (180 )

Selling, general and administrative expenses(1)

    (145 )   (136 )

Depreciation and amortization

    (147 )   (139 )
           
 

Operating income

    184     257  

Interest expense

   
(96

)
 
(121

)

Other expense, net

    (177 )   (18 )

Income tax benefit

    41     14  
           
 

Net earnings (loss)

    (48 )   132  

Less net earnings attributable to the noncontrolling interests

    9     7  
           

Net earnings (loss) attributable to Liberty Media Corporation shareholders

  $ (57 )   125  
           

(1)
Includes stock-based compensation of $10 million and $5 million for the three months ended March 31, 2009 and 2008, respectively.

2



SUMMARY ATTRIBUTED FINANCIAL DATA

Entertainment Group

 
  March 31,
2009
  December 31,
2008
 
 
  amounts in millions
 

Summary balance sheet data:

             

Current assets

  $ 1,671     1,631  

Equity investments

  $ 13,214     13,366  

Total assets

  $ 16,285     16,322  

Long-term debt, including current portion

  $ 2,049     2,033  

Long-term deferred income tax liabilities

  $ 1,675     1,735  

Attributed net assets

  $ 12,193     12,180  

 

 
  Three months ended
March 31,
 
 
  2009   2008  
 
  amounts in millions
 

Summary operations data:

             

Revenue

  $ 369     310  

Operating expenses

    (191 )   (187 )

Selling, general and administrative expenses(1)

    (63 )   (49 )

Depreciation and amortization

    (11 )   (12 )
           
 

Operating income

    104     62  

Gains on dispositions, net

   
   
3,667
 

Share of earnings of affiliates, net

    37     43  

Other expense, net

    (25 )   (9 )

Income tax benefit (expense)

    (35 )   1,740  
           
 

Net earnings

  $ 81     5,503  
           

(1)
Includes stock-based compensation of $17 million and $7 million for the three months ended March 31, 2009 and 2008, respectively.

3



SUMMARY ATTRIBUTED FINANCIAL DATA

Capital Group

 
  March 31,
2009
  December 31,
2008
 
 
  amounts in millions
 

Summary balance sheet data:

             

Current assets

  $ 4,636     2,973  

Cost investments

  $ 2,134     2,118  

Total assets

  $ 9,935     8,361  

Long-term debt, including current portion

  $ 4,844     3,063  

Long-term deferred income tax liabilities

  $ 974     1,166  

Attributed net assets

  $ 958     1,121  

 

 
  Three months ended
March 31,
 
 
  2009   2008  
 
  amounts in millions
 

Summary operations data:

             

Revenue

  $ 125     91  

Operating expenses

    (93 )   (74 )

Selling, general and administrative expenses(1)

    (65 )   (80 )

Depreciation and amortization

    (20 )   (26 )
           
 

Operating loss

    (53 )   (89 )

Interest expense

   
(40

)
 
(38

)

Realized and unrealized losses on financial instruments, net

    (199 )   (243 )

Other income, net

    18     52  

Income tax benefit

    114     152  
           
 

Net loss

    (160 )   (166 )

Less net earnings attributable to the noncontrolling interests

        5  
           

Net loss attributable to Liberty Media Corporation shareholders

  $ (160 )   (171 )
           

(1)
Includes stock-based compensation of $1 million and $4 million for the three months ended March 31, 2009 and 2008, respectively.

4


BALANCE SHEET INFORMATION
March 31, 2009
(unaudited)

 
  Attributed (note 1)    
   
 
 
  Interactive
Group
  Entertainment
Group
  Capital
Group
  Inter-group
eliminations
  Consolidated
Liberty
 
 
  amounts in millions
 

Assets

                               

Current assets:

                               
 

Cash and cash equivalents

  $ 939     874     2,845         4,658  
 

Trade and other receivables, net

    962     238     129         1,329  
 

Inventory, net

    967                 967  
 

Program rights

        476             476  
 

Financial instruments

    1     23     1,557         1,581  
 

Current deferred tax assets

    183     53         (236 )    
 

Other current assets

    64     7     105     (13 )   163  
                       
   

Total current assets

    3,116     1,671     4,636     (249 )   9,174  
                       

Investments in available-for-sale securities and other cost investments (note 2)

    679     2     2,134         2,815  

Long-term financial instruments

        183     641         824  

Investments in affiliates, accounted for using the equity method (note 3)

    782     13,214     603         14,599  

Property and equipment, net

    1,010     119     144         1,273  

Goodwill

    5,828     485     205         6,518  

Trademarks

    2,491     5     14         2,510  

Intangible assets subject to amortization, net

    2,997     138     218         3,353  

Other assets, at cost, net of accumulated amortization

    33     468     1,340         1,841  
                       
   

Total assets

  $ 16,936     16,285     9,935     (249 )   42,907  
                       

Liabilities and Equity

                               

Current liabilities:

                               
 

Accounts payable

  $ 402     12     19         433  
 

Accrued interest

    44         24         68  
 

Other accrued liabilities

    508     113     107         728  
 

Intergroup payable (receivable)

    21     33     (54 )        
 

Financial instruments

    164         387         551  
 

Current portion of debt (note 4)

    166     612     1,677         2,455  
 

Accrued stock compensation

    20     187     5         212  
 

Current deferred tax liabilities

            1,124     (236 )   888  
 

Other current liabilities

    21     7     99     (13 )   114  
                       
   

Total current liabilities

    1,346     964     3,388     (249 )   5,449  
                       

Long-term debt (note 4)

    7,030     1,437     3,167         11,634  

Long-term financial instruments

    177         10         187  

Deferred income tax liabilities (note 6)

    1,889     1,675     974         4,538  

Other liabilities

    187     16     1,437         1,640  
                       
   

Total liabilities

    10,629     4,092     8,976     (249 )   23,448  

Equity/Attributed net assets

    6,176     12,193     958         19,327  

Noncontrolling interests in equity of subsidiaries

    131         1         132  
                       
   

Total liabilities and equity

  $ 16,936     16,285     9,935     (249 )   42,907  
                       

5


STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS (LOSS) INFORMATION
Three months ended March 31, 2009
(unaudited)

 
  Attributed (note 1)    
 
 
  Interactive
Group
  Entertainment
Group
  Capital
Group
  Consolidated
Liberty
 
 
  amounts in millions
 

Revenue:

                         
 

Net retail sales

  $ 1,831             1,831  
 

Communications and programming services

        369     125     494  
                   

    1,831     369     125     2,325  
                   

Operating costs and expenses:

                         
 

Cost of sales

    1,183             1,183  
 

Operating

    172     191     93     456  
 

Selling, general and administrative, including stock-based compensation (notes 1 and 5)

    145     63     65     273  
 

Depreciation and amortization

    147     11     20     178  
                   

    1,647     265     178     2,090  
                   
   

Operating income (loss)

    184     104     (53 )   235  

Other income (expense):

                         
 

Interest expense

    (96 )   (18 )   (40 )   (154 )
 

Dividend and interest income

    4     1     26     31  
 

Share of earnings (losses) of affiliates, net

    (95 )   37     (8 )   (66 )
 

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

    (72 )   27     (199 )   (244 )
 

Losses on dispositions, net

    (2 )           (2 )
 

Other, net

    (12 )   (35 )       (47 )
                   

    (273 )   12     (221 )   (482 )
                   
   

Earnings (loss) before income taxes

    (89 )   116     (274 )   (247 )

Income tax benefit (expense) (note 6)

   
41
   
(35

)
 
114
   
120
 
                   
   

Net earnings (loss)

    (48 )   81     (160 )   (127 )

Less net earnings attributable to the noncontrolling interests

    9             9  
                   

Net earnings (loss) attributable to Liberty Media Corporation shareholders

    (57 )   81     (160 )   (136 )
                   

Other comprehensive earnings (loss), net of taxes:

                         
 

Foreign currency translation adjustments

    (87 )           (87 )
 

Unrealized holding gains (losses) arising during the period

    (4 )   (1 )   3     (2 )
 

Recognition of previously unrealized losses on available-for-sale securities, net

    1             1  
 

Share of other comprehensive losses of equity affiliates

    (15 )           (15 )
 

Other

    17             17  
                   
   

Other comprehensive earnings (loss)

    (88 )   (1 )   3     (86 )
                   
     

Comprehensive earnings (loss)

    (136 )   80     (157 )   (213 )

Less comprehensive loss attributable to the noncontrolling interests

    (4 )           (4 )
                   

Comprehensive earnings (loss) attributable to Liberty Media Corporation shareholders

  $ (132 )   80     (157 )   (209 )
                   

6


STATEMENT OF OPERATIONS AND COMPREHENSIVE EARNINGS (LOSS) INFORMATION
Three months ended March 31, 2008
(unaudited)

 
  Attributed (note 1)    
 
 
  Interactive
Group
  Entertainment
Group
  Capital
Group
  Consolidated
Liberty
 
 
  amounts in millions
 

Revenue:

                         
 

Net retail sales

  $ 1,950             1,950  
 

Communications and programming services

        310     91     401  
                   

    1,950     310     91     2,351  
                   

Operating costs and expenses:

                         
 

Cost of sales

    1,238             1,238  
 

Operating

    180     187     74     441  
 

Selling, general and administrative, including stock-based compensation (notes 1 and 5)

    136     49     80     265  
 

Depreciation and amortization

    139     12     26     177  
                   

    1,693     248     180     2,121  
                   
   

Operating income (loss)

    257     62     (89 )   230  

Other income (expense):

                         
 

Interest expense

    (121 )   (7 )   (38 )   (166 )
 

Dividend and interest income

    6     3     50     59  
 

Share of earnings (losses) of affiliates, net

    12     43     (10 )   45  
 

Realized and unrealized losses on financial instruments, net

    (37 )   (5 )   (243 )   (285 )
 

Gains on dispositions, net

        3,667     15     3,682  
 

Other, net

    1         (3 )   (2 )
                   

    (139 )   3,701     (229 )   3,333  
                   
   

Earnings (loss) before income taxes

    118     3,763     (318 )   3,563  

Income tax benefit (note 6)

   
14
   
1,740
   
152
   
1,906
 
                   
   

Net earnings (loss)

    132     5,503     (166 )   5,469  

Less net earnings attributable to the noncontrolling interests

    7         5     12  
                   

Net earnings (loss) attributable to Liberty Media Corporation shareholders

  $ 125     5,503     (171 )   5,457  
                   

Other comprehensive earnings (loss), net of taxes:

                         
 

Foreign currency translation adjustments

    97         (3 )   94  
 

Unrealized holding losses arising during the period

    (332 )   (312 )       (644 )
 

Recognition of previously unrealized gains on available-for-sale securities, net

        (2,273 )       (2,273 )
 

Share of other comprehensive earnings (loss) of equity affiliates

    1     (2 )       (1 )
 

Other

    (48 )           (48 )
                   
   

Other comprehensive loss

    (282 )   (2,587 )   (3 )   (2,872 )
                   
     

Comprehensive earnings (loss)

    (150 )   2,916     (169 )   2,597  

Less comprehensive earnings attributable to the noncontrolling interests

   
19
   
   
5
   
24
 
                   

Comprehensive earnings (loss) attributable to Liberty Media Corporation shareholders

  $ (169 )   2,916     (174 )   2,573  
                   

7


STATEMENT OF CASH FLOWS INFORMATION
Three months ended March 31, 2009
(unaudited)

 
  Attributed (note 1)    
 
 
  Interactive
Group
  Entertainment
Group
  Capital
Group
  Consolidated
Liberty
 
 
  amounts in millions
 

Cash flows from operating activities:

                         
 

Net earnings (loss)

  $ (48 )   81     (160 )   (127 )
 

Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:

                         
   

Depreciation and amortization

    147     11     20     178  
   

Stock-based compensation

    10     17     1     28  
   

Noncash interest expense

    18     17         35  
   

Share of losses (earnings) of affiliates, net

    95     (37 )   8     66  
   

Cash receipts for return on equity investments

        28         28  
   

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

    72     (27 )   199     244  
   

Losses on disposition of assets, net

    2             2  
   

Intergroup tax allocation

    37     43     (80 )    
   

Intergroup tax payments

    (71 )   (16 )   87      
   

Other intergroup cash transfers, net

    (1 )   (5 )   6      
   

Deferred income tax benefit

    (102 )   (17 )   (82 )   (201 )
   

Other noncash charges, net

    12     35     19     66  
   

Changes in operating assets and liabilities, net of the effects of acquisitions:

                         
     

Current assets

    250     (36 )   12     226  
     

Payables and other current liabilities

    (314 )   (38 )   52     (300 )
                   
       

Net cash provided by operating activities

    107     56     82     245  
                   

Cash flows from investing activities:

                         
 

Cash proceeds from dispositions

    70         1     71  
 

Proceeds from settlement of financial instruments

        21     40     61  
 

Investments in and loans to cost and equity investees

    (8 )       (410 )   (418 )
 

Capital expenditures

    (30 )   (4 )   (5 )   (39 )
 

Net sales of short term investments

            35     35  
 

Net decrease in restricted cash

    5         7     12  
 

Other investing activities, net

    2     3     (2 )   3  
                   
       

Net cash provided (used) by investing activities

    39     20     (334 )   (275 )
                   

Cash flows from financing activities:

                         
 

Borrowings of debt

    16         1,954     1,970  
 

Repayments of debt

    (8 )   (1 )   (346 )   (355 )
 

Repurchases of Liberty common stock

            (3 )   (3 )
 

Other financing activities, net

    (18 )       (4 )   (22 )
                   
       

Net cash provided (used) by financing activities

    (10 )   (1 )   1,601     1,590  
                   

Effect of foreign currency rates on cash

    (29 )   (8 )       (37 )
                   
       

Net increase in cash and cash equivalents

    107     67     1,349     1,523  
       

Cash and cash equivalents at beginning of period

    832     807     1,496     3,135  
                   
       

Cash and cash equivalents at end period

  $ 939     874     2,845     4,658  
                   

8


STATEMENT OF CASH FLOWS INFORMATION
Three months ended March 31, 2008
(unaudited)

 
  Attributed (note 1)    
 
 
  Interactive
Group
  Entertainment
Group
  Capital
Group
  Consolidated
Liberty
 
 
  amounts in millions
 

Cash flows from operating activities:

                         
 

Net earnings (loss)

  $ 132     5,503     (166 )   5,469  
 

Adjustments to reconcile net earnings (loss) to net cash provided (used) by operating activities:

                         
   

Depreciation and amortization

    139     12     26     177  
   

Stock-based compensation

    5     7     4     16  
   

Cash payments for stock-based compensation

    (1 )   (10 )   (1 )   (12 )
   

Share of losses (earnings) of affiliates, net

    (12 )   (43 )   10     (45 )
   

Realized and unrealized losses on financial instruments, net

    37     5     243     285  
   

Gains on disposition of assets, net

        (3,667 )   (15 )   (3,682 )
   

Intergroup tax allocation

    41     21     (62 )    
   

Intergroup tax payments

    (22 )   (8 )   30      
   

Other intergroup cash transfers, net

    (69 )   (31 )   100      
   

Deferred income tax benefit

    (68 )   (1,763 )   (272 )   (2,103 )
   

Other noncash charges, net

    2         17     19  
   

Changes in operating assets and liabilities, net of the effects of acquisitions:

                         
     

Current assets

    151     (18 )   (59 )   74  
     

Payables and other current liabilities

    (247 )   (12 )   85     (174 )
                   
       

Net cash provided (used) by operating activities

    88     (4 )   (60 )   24  
                   

Cash flows from investing activities:

                         
 

Cash proceeds from dispositions

            15     15  
 

Net proceeds from settlement of financial instruments

            12     12  
 

Cash received in exchange transactions

        465         465  
 

Investments in and loans to cost and equity investees

    (339 )       (48 )   (387 )
 

Capital expenditures

    (35 )   (1 )   (18 )   (54 )
 

Net sales of short term investments

            67     67  
 

Net decrease in restricted cash

            140     140  
 

Other investing activities, net

    5     (11 )   (13 )   (19 )
                   
       

Net cash provided (used) by investing activities

    (369 )   453     155     239  
                   

Cash flows from financing activities:

                         
 

Borrowings of debt

    468         634     1,102  
 

Repayments of debt

    (3 )   (1 )   (494 )   (498 )
 

Repurchases of Liberty common stock

    (75 )           (75 )
 

Intergroup cash transfers

        450     (450 )    
 

Other financing activities, net

    (40 )   (7 )   (14 )   (61 )
                   
       

Net cash provided (used) by financing activities

    350     442     (324 )   468  
                   

Effect of foreign currency rates on cash

    20             20  
                   
       

Net increase (decrease) in cash and cash equivalents

    89     891     (229 )   751  
       

Cash and cash equivalents at beginning of period

    557     90     2,488     3,135  
                   
       

Cash and cash equivalents at end period

  $ 646   $ 981     2,259     3,886  
                   

9



Notes to Attributed Financial Information

(unaudited)

(1)
The assets attributed to our Interactive Group include our consolidated subsidiaries QVC, Inc., Provide Commerce, Inc., Backcountry.com, Inc., Bodybuilding.com, LLC and BuySeasons, Inc., and our interests in IAC/InterActiveCorp, GSI Commerce, Inc., Expedia, Inc., HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. Accordingly, the accompanying attributed financial information for the Interactive Group includes our investments in IAC/InterActiveCorp, Expedia, GSI, HSN, Interval, Ticketmaster and Lending Tree, as well as the assets, liabilities, revenue, expenses and cash flows of QVC, Provide, Backcountry, Bodybuilding and BuySeasons. We have also attributed certain of our debt obligations (and related interest expense) to the Interactive Group based upon a number of factors, including the cash flow available to the Interactive Group and its ability to pay debt service and our assessment of the optimal capitalization for the Interactive Group. The specific debt obligations attributed to each of the Interactive Group, the Entertainment Group and the Capital Group are described in note 4 below. In addition, we have allocated certain corporate general and administrative expenses among the Interactive Group, the Entertainment Group and the Capital Group as described in note 5 below.

10



Notes to Attributed Financial Information (Continued)

(unaudited)

(2)
Investments in available-for-sale securities and other cost investments are summarized as follows:
 
  March 31,
2009
  December 31,
2008
 
 
  amounts in millions
 

Capital Group

             
 

Time Warner Inc. ("Time Warner")(a)

  $ 661     1,033  
 

Time Warner Cable Inc.(a)

    213      
 

Sprint Nextel Corporation(a)

    312     160  
 

Motorola, Inc.(a)

    313     328  
 

Viacom, Inc. 

    132     145  
 

Embarq Corporation(a)

    165     157  
 

Other available-for-sale equity securities(a)

    42     40  
 

Other available-for-sale debt securities

    265     224  
 

Other cost investments and related receivables

    31     31  
           
   

Total attributed Capital Group

    2,134     2,118  
           

Interactive Group

             
 

IAC/InterActiveCorp

    549     638  
 

Other

    130     101  
           
   

Total attributed Interactive Group

    679     739  
           

Entertainment Group

             
 

Other

    2     2  
           
   

Total attributed Entertainment Group

    2     2  
           
     

Consolidated Liberty

  $ 2,815     2,859  
           
(3)
The following table presents information regarding certain equity method investments:
 
   
   
   
  Share of earnings
(loss) three
months ended
March 31,
 
 
  March 31, 2009  
 
  Percentage
ownership
  Carrying
value
  Market
value
 
 
  2009   2008  
 
  dollar amounts in millions
 

Interactive Group

                               
 

Expedia

    24 % $ 557   $ 629   $ 9   $ 12  

Entertainment Group

                               
 

DIRECTV

    54 % $ 12,970   $ 12,505   $ 32   $ 36  

Capital Group

                               
 

Sirius

    40 % $ 387   $ N/A   $   $  

11



Notes to Attributed Financial Information (Continued)

(unaudited)

(4)
Debt attributed to the Interactive Group, the Entertainment Group and the Capital Group is comprised of the following:
 
  March 31, 2009  
 
  Outstanding
principal
  Carrying
value
 
 
  amounts in millions
 

Capital Group

             
 

3.125% Exchangeable Senior Debentures due 2023

  $ 1,264     998  
 

4% Exchangeable Senior Debentures due 2029

    869     291  
 

3.75% Exchangeable Senior Debentures due 2030

    810     254  
 

3.5% Exchangeable Senior Debentures due 2031

    495     180  
 

Liberty bank facility

    750     750  
 

Liberty derivative loan

    2,263     2,263  
 

Subsidiary debt

    108     108  
           
   

Total Capital Group debt

    6,559     4,844  
           

Interactive Group

             
 

7.875% Senior Notes due 2009

    104     104  
 

7.75% Senior Notes due 2009

    13     13  
 

5.7% Senior Notes due 2013

    803     801  
 

8.5% Senior Debentures due 2029

    287     284  
 

8.25% Senior Debentures due 2030

    505     501  
 

3.25% Exchangeable Senior Debentures due 2031

    541     198  
 

QVC bank credit facilities

    5,225     5,225  
 

Other subsidiary debt

    70     70  
           
   

Total Interactive Group debt

    7,548     7,196  
           

Entertainment Group

             
 

DIRECTV Collar Loan

    1,999     1,999  
 

Subsidiary debt

    50     50  
           
   

Total Entertainment Group debt

    2,049     2,049  
           

Total debt

  $ 16,156     14,089  
           
(5)
Cash and stock-based compensation expense for our corporate employees has been allocated among the Interactive Group, the Entertainment Group and the Capital Group based on the estimated percentage of time spent providing services for each group. Other general and administrative expenses are charged directly to the groups whenever possible and are otherwise allocated based on estimated usage or some other reasonably determined methodology. Amounts allocated from the Capital Group to the Interactive Group and the Entertainment Group, including stock-based compensation, are as follows:
 
  Three months
ended
March 31,
 
 
  2009   2008  
 
  amounts in millions
 

Interactive Group

  $ 6     6  

Entertainment Group

  $ 16     1  

12



Notes to Attributed Financial Information (Continued)

(unaudited)

(6)
We have accounted for income taxes for the Interactive Group, the Entertainment Group and the Capital Group in the accompanying attributed financial information in a manner similar to a stand-alone company basis. To the extent this methodology differs from our tax sharing policy, differences have been reflected in the attributed net assets of the groups.

(7)
The Liberty Interactive common stock, the Liberty Entertainment common stock and the Liberty Capital common stock have voting and conversion rights under our amended charter. Following is a summary of those rights. Holders of Series A common stock of each group are entitled to one vote per share and holders of Series B common stock of each group are entitled to ten votes per share. Holders of Series C common stock of each group, if issued, will be entitled to 1/100th of a vote per share in certain limited cases and will otherwise not be entitled to vote. In general, holders of Series A and Series B common stock vote as a single class. In certain limited circumstances, the board may elect to seek the approval of only the holders of common stock related to our Interactive Group, our Entertainment Group or our Capital Group.

13




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SUMMARY ATTRIBUTED FINANCIAL DATA
SUMMARY ATTRIBUTED FINANCIAL DATA
SUMMARY ATTRIBUTED FINANCIAL DATA
Notes to Attributed Financial Information (unaudited)