Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v3.7.0.1
Investments In Affiliates Accounted For Using The Equity Method (Tables)
3 Months Ended
Mar. 31, 2017
Schedule Of Equity Ownership And Carrying Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

March 31, 2017

 

2016

 

 

    

Percentage

    

Fair value

    

Carrying

    

Carrying

 

 

 

ownership

 

(Level 1)

 

amount

 

amount

 

 

 

 

 

dollar amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

 

HSN

 

38

%  

$

743

 

$

194

 

184

 

Other

 

various

 

 

NA

 

 

39

 

40

 

Total QVC Group

 

 

 

 

 

 

 

233

 

224

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

 

FTD

 

37

%  

 

205

 

 

212

 

216

 

Other

 

various

 

 

NA

 

 

122

 

141

 

Total Ventures Group

 

 

 

 

 

 

 

334

 

357

 

Consolidated Liberty

 

 

 

 

 

 

$

567

 

581

 

 

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

 

 

 

 

 

 

 

 

 

Three months ended  March 31,

 

 

    

2017

    

2016

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

HSN

 

$

16

 

22

 

Other

 

 

(2)

 

(1)

 

Total QVC Group

 

 

14

 

21

 

Ventures Group

 

 

 

 

 

 

FTD

 

 

(5)

 

(3)

 

Other

 

 

(36)

 

(15)

 

Total Ventures Group

 

 

(41)

 

(18)

 

Consolidated Liberty

 

$

(27)

 

 3

 

 

Liberty Broadband  
Consolidated Balance Sheets

 

 

 

 

 

 

 

 

 

March 31, 2017

 

December 31, 2016

 

 

 

amounts in millions

 

Current assets

 

$

252

 

258

 

Investment in Charter, accounted for using the equity method

 

 

9,330

 

9,315

 

Other assets

 

 

16

 

18

 

Total assets

 

 

9,598

 

9,591

 

Long-term debt, including current portion

 

 

599

 

599

 

Deferred income taxes

 

 

507

 

505

 

Other liabilities

 

 

13

 

14

 

Equity

 

 

8,479

 

8,473

 

Total liabilities and shareholders’ equity

 

$

9,598

 

9,591

 

 

Consolidated Statement Of Operations

 

 

 

 

 

 

 

Three months ended 

 

 

March 31,

 

 

2017

 

2016

 

 

amounts in millions

 

Revenue

$

 3

 

 4

 

Operating expenses, net

 

 9

 

13

 

Operating income (loss)

 

(6)

 

(9)

 

Share of earnings (losses) of affiliates

 

19

 

(70)

 

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

 

 1

 

45

 

Other income (expense), net

 

(36)

 

(2)

 

Income tax benefit (expense)

 

 8

 

14

 

Net earnings (loss)

$

(14)

 

(22)