SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard No. 131 (`SFAS 131'), Disclosures about Segments of an Enterprise and Related Information. SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board of directors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between four product ranges: Cable Television, Consumer Telephony, Internet and other, and Business Services. The Internet and other unit comprises internet sales and, in 2002, sales of cable publications. The Content segment provides entertainment content, interactive and transactional services to the UK pay-television broadcasting market. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The following table presents summarized financial information relating to the reportable segments for the three-month periods ended March 31, 2003 and 2002, respectively: UNAUDITED SEGMENTAL INFORMATION -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED 3 MONTHS ENDED 3 MONTHS ENDED MARCH 31, 2003 MARCH 31, 2003 MARCH 31, 2002 (note 2) (IN MILLIONS) -------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 85 Consumer telephony 185 117 126 Internet and other 41 26 16 ------------------------------------------------------------------ Total Consumer Division 351 222 227 Business Services Division 110 70 66 ------------------------------------------------------------------ THIRD PARTY REVENUE 461 292 293 Operating costs and expenses (308) (195) (206) Depreciation (147) (93) (115) ------------------------------------------------------------------ OPERATING PROFIT/(LOSS) 6 4 (28) ================================================================== Share of net profits of affiliates - - - Investment in affiliates 5 3 3 Additions to property & equipment 103 65 123 Goodwill 483 306 1,322 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)
SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard No. 131 (`"SFAS 131'"), "Disclosures about Segments of an Enterprise and Related Information". SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board of directors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between four product ranges: Cable Television, Consumer Telephony, Internet and otherOther, and Business Services. The Internet and other Other unit comprises internet sales and, in 2002, and sales of cable publications. The Content segment provides entertainment content, interactive and transactional services to the UK pay-television broadcasting marketand internet markets. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The Company changed the structure of its segmental analysis table with effect from September 30, 2001 and certain corresponding information from the previous year has been restated to reflect the change in structure. The following table presents summarized financial information relating to the reportable segments for the three-month periods ended March 31, 2003 2001 and 20022000, respectively: UNAUDITED SEGMENTAL INFORMATION -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED 3 MONTHS ENDED 3 MONTHS ENDED MARCH 31, 2003 MARCH 31, 2003 MARCH 31, 2002 (note 2) (IN MILLIONS) -------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 85 Consumer telephony 185 117 126 Internet and other 41 26 16 ------------------------------------------------------------------ Total Consumer Division 351 222 227 Business Services Division 110 70 66 ------------------------------------------------------------------ THIRD PARTY REVENUE 461 292 293 Operating costs and expenses (308) (195) (206) Depreciation (147) (93) (115) ------------------------------------------------------------------ OPERATING PROFIT/(LOSS) 6 4 (28) ================================================================== Share of net profits of affiliates - - - Investment in affiliates 5 3 3 Additions to property & equipment 103 65 123 Goodwill 483 306 1,322 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------UNAUDITED SEGMENTAL INFORMATION
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)
SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard No. 131 (`SFAS 131'), Disclosures about Segments of an Enterprise and Related Information. SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board of directors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between four product ranges: Cable Television, Consumer -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Telephony, Internet and other, and Business Services. The Internet and other unit comprises internet sales sales, and, in 2002, sales of cable publications. The Content segment provides entertainment content, interactive and transactional services to the UK pay-television broadcasting market. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The following table presents summarized financial information relating to the reportable segments for the threethree and six-month periods ended March 31June 30, 2003 and 2002, respectively: UNAUDITED SEGMENTAL INFORMATION * Inter-segmental revenues are revenues from sales in our Content Division which are costs in our Cable Division and are eliminated on consolidation. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED 3 MONTHS ENDED 3 MONTHS ENDED MARCH 31, 2003 MARCH 31, 2003 MARCH 31, 2002 (note 2) (IN MILLIONS) -------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 85 Consumer telephony 185 117 126 Internet and other 41 26 16 ------------------------------------------------------------------ Total Consumer Division 351 222 227 Business Services Division 110 70 66 ------------------------------------------------------------------ THIRD PARTY REVENUE 461 292 293 Operating costs and expenses (308) (195) (206) Depreciation (147) (93) (115) ------------------------------------------------------------------ OPERATING PROFIT/(LOSS) 6 4 (28) ================================================================== Share of net profits of affiliates - - - Investment in affiliates 5 3 3 Additions to property & equipment 103 65 123 Goodwill 483 306 1,322 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------STATEMENTS
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)
SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard No. 131 (`"SFAS 131'"), "Disclosures about Segments of an Enterprise and Related Information". SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board Board of directorsDirectors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between four product ranges: Cable Television, Consumer Telephony, Internet and other, and Business Services. The Internet and other unit comprises internet sales and, in 2002, and sales of cable publications. The Content segment provides entertainment content, interactive and transactional services to the UK pay-television broadcasting marketand internet markets. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The Company changed the structure of its segmental analysis table with effect from September 30, 2001 and certain corresponding information from the previous year has been restated to reflect the change in structure. The following table presents summarized financial information relating to the reportable segments for the threethree and six-month periods ended March 31June 30, 2003 2002 and 20022001, respectively: UNAUDITED SEGMENTAL INFORMATION -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Unaudited segmental information -------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED months 3 MONTHS ENDED months 3 MONTHS ENDED MARCH 31months 6 months 6 months 6 months ended ended ended ended ended ended June 30, 2003 MARCH 31June 30, 2003 MARCH 31June 30, June 30, June 30, June 30, 2002 2002 2001 2002 2002 2001 $m (pound)m (pound)m $m (pound)m (pound)m (note 2) (IN MILLIONSnote 2) -------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 85 134 88 80 264 173 158 Consumer telephony 185 117 126 191 125 121 383 251 241 Internet and other 41 26 27 18 9 51 34 16 ------------------------------------------------------------------ ---------------------------------------------------------------------------- Total Consumer Division 351 222 227 352 231 210 698 458 415 Business Services Division 110 70 66 ------------------------------------------------------------------ THIRD PARTY REVENUE 461 292 293 117 77 74 218 143 136 ---------------------------------------------------------------------------- Third party revenue 469 308 284 916 601 551 Operating costs and expenses (308317) (195208) (206210) (631) (414) (422) Depreciation (147193) (93127) (115113) ------------------------------------------------------------------ OPERATING PROFIT/(LOSS(369) 6 4 (28242) (223) Amortization of goodwill - - (21) - - (41) ---------------------------------------------------------------------------- Operating loss (41) (27) (60) (84) (55) (135) ============================================================================ Share of net profits (losses)/profits of affiliates - - - - - - Investment in affiliates 5 3 3 9 6 6 9 6 6 Additions to property & and equipment 103 65 123 178 117 161 365 240 308 Goodwill 483 306 2,015 1,322 1,357 2,015 1,322 1,357 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------8,121 5,327 5,081 8,121 5,327 5,081 -------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Telewest Communications plc US GAAP Unaudited Condensed Consolidated Financial Statements -------------------------------------------------------------------------------- Notes to the Unaudited Condensed Consolidated Financial Statements (continued)
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)
SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard No. 131 (`"SFAS 131'"), "Disclosures about Segments of an Enterprise and Related Information". SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board Board of directorsDirectors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between four product ranges: Cable Television, Consumer Telephony, Internet and other, and Business Services. The Internet and other unit comprises internet sales and, in 2002, and sales of cable publications. The Content segment provides entertainment content, interactive and transactional services channels to the UK pay-television broadcasting market. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The following table presents summarized financial information relating to the reportable segments for the threethree and nine-month periods ended March 31September 30, 2003 2002 and 20022001, respectively: UNAUDITED SEGMENTAL INFORMATION -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED 3 MONTHS ENDED 3 MONTHS 9 MONTHS 9 MONTHS 9 MONTHS ENDED MARCH 31ENDED ENDED ENDED ENDED ENDED SEPT 30, 2003 MARCH 31SEPT 30, 2003 MARCH 31SEPT 30, SEPT 30, SEPT 30, SEPT 30, 2002 2002 2001 2002 2002 2001 $M (POUND)M (POUND)M $M (POUND)M (POUND)M (note 2) (IN MILLIONSnote 2) -------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 127 81 85 399 254 243 Consumer telephony 185 117 126 192 122 120 586 373 362 Internet and other 41 36 23 11 89 57 26 16 ------------------------------------------------------------------ ------------------------------------------------------------------------------------- Total Consumer Division 351 222 227 355 226 216 1,074 684 631 Business Services Division 110 70 66 ------------------------------------------------------------------ 334 213 202 ------------------------------------------------------------------------------------- THIRD PARTY REVENUE 461 292 293 465 296 282 1408 897 833 Operating costs and expenses (308316) (195201) (206199) (965) (615) (622) Depreciation (147193) (93123) (115) ------------------------------------------------------------------ (573) (365) (337) Amortization of goodwill - - (21) - - (61) ------------------------------------------------------------------------------------- OPERATING PROFIT/(LOSSLOSS (44) 6 4 (28) (53) (130) (83) (187) ===================================================================================== Share of net profits (losses)/profits of affiliates - - - - - - Investment in affiliates 5 3 1 5 3 1 Additions to property & and equipment 103 65 123 138 88 154 515 328 471 Goodwill 483 306 2,075 1,322 1,343 2,075 1,322 1,343 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------8,302 5,288 5,222 8,302 5,288 5,222 ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) ----------------------------------------------------------------------------------------------------------------------------------- * Inter-segmental revenues are revenues from sales in our Content Division which are costs in our Cable Division and are eliminated on consolidation.
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)
SEGMENTAL INFORMATION. The Company applies Statement of Financial Accounting Standard Standards No. 131 (`"SFAS 131'"), "Disclosures about Segments of an Enterprise and Related Information". SFAS 131 establishes standards for reporting information about operating segments in annual financial statements and requires selected information about operating segments in interim financial reports issued to stockholders. It also establishes standards for related disclosures about -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) products and services, and geographic areas. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company's chief operating decision-making group is the board Board of directorsDirectors. The operating segments are managed separately because each operating segment represents a strategic business unit that offers different products and services in different markets. We operate in two main segments: Cable and Content. The Cable segment of our business can be subdivided, for revenue purposes only, between is managed by four product rangesreportable units: Cable Television, Consumer Telephony, Internet and otherOther, and Business Services. The Internet and other Other unit comprises includes sale of internet sales andsubscriptions to our Internet Service Provider ("ISP"), in 2002, sales the sale of cable publicationspublications and the sale of advertising airtime. The Content segment provides entertainment content, interactive interactive, and transactional services to the UK pay-television broadcasting marketand on-line markets. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies in our financial statements. The Company changed the structure of its segmental analysis table with effect from September 30, 2001 and certain corresponding information from the previous year has been restated to reflect the change in structure. The following tables present summarized financial information relating to the reportable segments for the three and nine-month periods ended September 30, 2001 and 2000, respectively: -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The following table presents summarized financial information relating to the reportable segments for the three-month periods ended March 31, 2003 and 2002, respectively: (CONTINUED) UNAUDITED SEGMENTAL INFORMATION -------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- 3 MONTHS 3 MONTHS 3 MONTHS 9 MONTHS 9 MONTHS 9 MONTHS ENDED ENDED ENDED ENDED ENDED ENDED SEPT. 30, SEPT. 30, SEPT. 30, SEPT. 30, SEPT. 30, SEPT. 30, 2001 2001 2000 2001 2001 2000 (note 2) (note 2) (In millions) --------------------------------------------------------------------------------------------------------------------------------- CABLE --------------------------------------------------------------------------------------------------------------------------------- Cable television $ 125.0 (pound) 85.1 (pound) 67.3 $ 357.7 (pound) 243.5 (pound) 211.5 Consumer telephony 177.0 120.5 107.5 531.5 361.8 325.5 Internet and other 15.7 10.7 3.6 38.2 26.0 9.7 Business Services Division 97.1 66.1 69.7 296.5 201.8 180.9 -------------------------------------------------------------------------------------------- THIRD PARTY REVENUE 414.8 282.4 248.1 1,223.9 833.1 727.6 Operating costs and expenses (293.7) (199.9) (180.9) (914.2) (622.3) (555.3) Depreciation (168.7) (114.8) (92.6) (494.8) (336.8) (273.9) Amortization of goodwill (30.1) (20.5) (20.5) (90.2) (61.4) (61.4) -------------------------------------------------------------------------------------------- OPERATING LOSS (77.7) (52.8) (45.9) (275.3) (187.4) (163.0) -------------------------------------------------------------------------------------------- Additions to property & equipment 226.2 154.0 149.1 691.9 471.0 471.2 Total assets ** 7,671.3 5,221.8 5,146.4 7,671.3 5,221.8 5,146.4 --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- CONTENT --------------------------------------------------------------------------------------------------------------------------------- Content Division 48.1 32.7 33.7 146.8 99.9 56.4 Inter-segmental * (3.4) (2.3) (1.9) (11.2) (7.6) (4.1) -------------------------------------------------------------------------------------------- THIRD PARTY REVENUE 44.7 30.4 31.8 135.6 92.3 52.3 Operating costs and expenses (46.4) (31.6) (35.8) (141.3) (96.2) (59.8) Depreciation (3.6) (2.5) (2.3) (14.1) (9.6) (3.7) Amortization of goodwill (37.0) (25.2) (23.0) (110.9) (75.5) (38.4) -------------------------------------------------------------------------------------------- OPERATING LOSS (42.3) (28.9) (29.3) (130.7) (89.0) (49.6) -------------------------------------------------------------------------------------------- Additions to property & equipment 1.5 1.0 4.0 4.4 3.0 4.0 Total assets ** 3,088.8 2,102.5 2,177.7 3,088.8 2,102.5 2,177.7 --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- TOTAL --------------------------------------------------------------------------------------------------------------------------------- Cable television 125.0 85.1 67.3 357.7 243.5 211.5 Consumer telephony 177.0 120.5 107.5 531.5 361.8 325.5 Internet and other 15.7 10.7 3.6 38.2 26.0 9.7 Business Services Division 97.1 66.1 69.7 296.5 201.8 180.9 Content Division 48.1 32.7 33.7 146.8 99.9 56.4 Inter-segmental * (3.4) (2.3) (1.9) (11.2) (7.6) (4.1) -------------------------------------------------------------------------------------------- TOTAL REVENUE 459.5 312.8 279.9 1,359.5 925.4 779.9 Operating costs and expenses (340.1) (231.5) (216.7) (1,055.5) (718.5) (615.1) Depreciation (172.3) (117.3) (94.9) (508.9) (346.4) (277.6) Amortization of goodwill (67.1) (45.7) (43.5) (201.1) (136.9) (99.8) -------------------------------------------------------------------------------------------- OPERATING LOSS (120.0) (81.7) (75.2) (406.0) (276.4) (212.6) Other expense (165.3) (112.5) (100.9) (491.8) (334.7) (317.6) Income tax benefit/(charge) 3.4 2.3 (2.2) 10.3 7.0 0.8 -------------------------------------------------------------------------------------------- NET LOSS BEFORE EXTRAORDINARY LOSS (281.9) (191.9) (178.3) (887.5) (604.1) (529.4) -------------------------------------------------------------------------------------------- Additions to property & equipment 227.7 155.0 153.1 696.3 474.0 475.2 Total assets ** 10,760.1 7,324.3 7,324.1 10,760.1 7,324.3 7,324.1 --------------------------------------------------------------------------------------------------------------------------------- * Inter-segmental revenues are revenues from programming sales in our Content Division which are costs of programming in our Cable Division and are eliminated on consolidation. ** Total assets comparatives are as of December 31, 2000. -------------------------------------------------------------------------------- TELEWEST COMMUNICATIONS PLC US GAAP UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------- NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS -------------------------------------------------------------------------------------------------------------------- 3 MONTHS ENDED 3 MONTHS ENDED 3 MONTHS ENDED MARCH 31, 2003 MARCH 31, 2003 MARCH 31, 2002 (note 2) (IN MILLIONS) -------------------------------------------------------------------------------------------------------------------- CABLE -------------------------------------------------------------------------------------------------------------------- Cable television $ 125 (pound) 79 (pound) 85 Consumer telephony 185 117 126 Internet and other 41 26 16 ------------------------------------------------------------------ Total Consumer Division 351 222 227 Business Services Division 110 70 66 ------------------------------------------------------------------ THIRD PARTY REVENUE 461 292 293 Operating costs and expenses (308) (195) (206) Depreciation (147) (93) (115) ------------------------------------------------------------------ OPERATING PROFIT/(LOSS) 6 4 (28) ================================================================== Share of net profits of affiliates - - - Investment in affiliates 5 3 3 Additions to property & equipment 103 65 123 Goodwill 483 306 1,322 Total assets 5,479 3,470 5,191 --------------------------------------------------------------------------------------------------------------------CONTINUED)
Appears in 1 contract
Sources: Financial Statements (Telewest Communications PLC /New/)