CCO Income Statement

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Consolidated Statements of Operations
Revenue 650.21M
Operating expenses:
Direct operating expenses (excludes depreciation and amortization) 387.39M
Selling, general and administrative expenses (excludes depreciation and amortization) 139.99M
Corporate expenses (excludes depreciation and amortization) 26.2M
Depreciation and amortization
Other operating income - net 2.1M
Operating income -1.59M
Interest expense 88.09M
Interest income on Due from Clear Channel Communications 11.92M
Equity in earnings (loss) of nonconsolidated affiliates -485K
Other income (expense) - net -907K
Income (loss) before income taxes -79.16M
Income tax benefit (expense) 5.01M
Consolidated net income (loss) -74.15M
Less amount attributable to noncontrolling interest 129K
Net income (loss) attributable to the Company -74.28M
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments -24.03M
Foreign currency reclassification adjustment
Unrealized gain (loss) on marketable securities -25K
Comprehensive income (loss) -99.33M
Less amount attributable to noncontrolling interest -93K
Comprehensive income (loss) attributable to the Company -99.23M
Net income (loss) attributable to the Company:
Basic
Weighted average common shares outstanding - Basic
Diluted
Weighted average common shares outstanding - Diluted

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