Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

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

6 Months Ended

Jun. 30, 2011

Investments In Affiliates Accounted For Using The Equity Method

Schedule Of Equity Ownership And Carrying Amount


				December 31,
	June 30, 2011			2010
	Percentage	Market	Carrying	Carrying
	ownership	Value	amount	amount
	dollar amounts in millions
Interactive Group
Expedia	25%	$ 2,007	$ 753	710
Other	various	N/A	265	239
Capital Group
SIRIUS XM	40%	$ 5,665	--	5
Live Nation (a)	21%	$ 449	371	--
Other	various	N/A	89	86
			$ 1,478	1,040

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


	Three months ended		Six months ended
	June 30,		June 30,
	2011	2010	2011	2010
	amounts in millions
Interactive Group
Expedia	$ 35	28	48	42
Other	2	8	9	17
Capital Group
SIRIUS XM	(1)	8	(8)	--
Live Nation (a)	(22)	--	(45)	--
Other	1	(5)	3	(11)
	$ 15	39	7	48

Expedia Consolidated Balance Sheets


Expedia Consolidated Balance Sheets
	June 30,		December 31,
	2011		2010
	amounts in millions

Current assets	$ 2,954	1,702
Property and equipment, net	318	277
Goodwill	3,679	3,642
Intangible assets	793	798
Other assets	301	232
Total assets	$ 8,045	6,651

Current liabilities	$ 2,998	1,889
Deferred income taxes	266	248
Long-term debt	1,645	1,645
Other liabilities	122	132
Noncontrolling interest	134	64
Equity	2,880	2,673
Total liabilities and equity	$ 8,045	6,651

Expedia Consolidated Statement Of Operations


Expedia Consolidated Statements of Operations
	Six months ended
	June 30,
	2011	2010
	amounts in millions

Revenue	$ 1,846	1,552
Cost of revenue	(376)	(327)
Gross profit	1,470	1,225
Selling, general and administrative expenses	(1,116)	(902)
Amortization	(15)	(17)
Restructuring charges and other	(4)	--
Operating income	335	306

Interest expense	(62)	(41)
Other income (expense), net	(3)	3
Income tax expense	(77)	(92)
Net earnings	193	176
Net earnings attributable to noncontrolling interests	(1)	(2)
Net earnings attributable to Expedia, Inc.	$ 192	174

- Definition

Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available.

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