TWX Income Statement

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Consolidated Statement of Operations
Revenues 6.94B
Costs of revenues -3.75B
Selling, general and administrative -1.62B
Amortization of intangible assets -60M
Restructuring and severance costs -80M
Asset impairments -27M
Gain on operating assets
Operating income 1.41B
Interest expense, net
Other loss, net -18M
Income before income taxes
Income tax provision -382M
Net income 720M
Less Net loss attributable to noncontrolling interests 0
Net income attributable to Time Warner Inc. shareholders 720M
Per share information attributable to Time Warner Inc. common shareholders:
Basic net income per common share 0.77
Average basic common shares outstanding 932.8M
Diluted net income per common share 0.75
Average diluted common shares outstanding 956.4M
Cash dividends declared per share of common stock 0.29

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