The Pro Forma summarized combined unaudited balance sheets and statements of operation of èßäÉçÇø using the historical financial statements for SIRIUS XM, giving effect to any purchase accounting related adjustments made at the time of acquisition and excluding the impact of the gain, as if the transactions discussed above occurred for the Balance Sheet data as of such dates and for the Statement of Operations data as if they had occurred on JanuaryÌý1, 2011, are as follows:
Summary Balance Sheet Data:
|
|
|
|
|
|
Ìý |
Ìý |
DecemberÌý31, 2012 |
Ìý |
Ìý |
Amounts in millions (unaudited) |
Current assets |
Ìý |
$ |
3,102 |
|
Investments in available-for-sale securities |
Ìý |
$ |
1,147 |
|
Investments in equity method affiliates |
Ìý |
$ |
851 |
|
Property, plant and equipment, net |
Ìý |
$ |
1,871 |
|
Intangible assets not subject to amortization |
Ìý |
$ |
23,868 |
|
Intangible assets subject to amortization, net |
Ìý |
$ |
1,038 |
|
Other assets |
Ìý |
$ |
805 |
|
Total assets |
Ìý |
$ |
32,682 |
|
Long-term debt |
Ìý |
$ |
2,486 |
|
Deferred tax liabilities, net |
Ìý |
$ |
1,720 |
|
Other liabilities |
Ìý |
$ |
3,656 |
|
Noncontrolling interests in equity of subsidiaries |
Ìý |
$ |
10,833 |
|
Stockholders' equity |
Ìý |
$ |
13,987 |
|
Summary Operations Data:
|
|
|
|
|
|
|
|
|
|
|
Ìý |
Years ended December 31, |
Ìý |
Ìý |
2012 |
Ìý |
2011 |
Ìý |
Ìý |
amounts in millions
(unaudited)
|
Revenue |
$ |
3,730 |
|
Ìý |
$ |
4,416 |
|
Ìý |
Operating income (loss) |
686 |
|
Ìý |
1,087 |
|
Ìý |
Interest expense |
(162 |
) |
Ìý |
(215 |
) |
Ìý |
Share of earnings (loss) of affiliates |
(21 |
) |
Ìý |
(7 |
) |
Ìý |
Less earnings (loss) attributable to the noncontrolling interests |
1,736 |
|
Ìý |
210 |
|
Ìý |
Net Earnings (loss) from continuing operations attributable to èßäÉçÇø stockholders: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
èßäÉçÇø common stock |
$ |
2,052 |
|
Ìý |
788 |
|
Ìý |
Ìý |
èßäÉçÇø Starz common stock |
NA |
|
Ìý |
(39 |
) |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pro Forma basic net earnings (loss) from continuing operations attributable to èßäÉçÇø stockholders per common share (noteÌý3): |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
èßäÉçÇø common stock |
$ |
17.10 |
|
Ìý |
9.27 |
|
Ìý |
Ìý |
èßäÉçÇø Starz common stock |
NA |
|
Ìý |
(0.76 |
) |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Pro Forma diluted net earnings (loss) from continuing operations attributable to èßäÉçÇø stockholders per common share (noteÌý3): |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
èßäÉçÇø common stock |
| |