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| SELECTED SEGMENT
DATA |
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| (Dollars in Millions) |
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Nine Months |
| |
|
Third
Quarter
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|
Ended
September 30,
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| |
|
2000 |
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|
1999 |
|
2000 |
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|
1999 |
|
| DIRECT-TO-HOME
BROADCAST |
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
$ |
1,291.5
|
|
$ |
1,144.6
|
$ |
3,717.5
|
|
$ |
2,571.4
|
| EBITDA (1) |
$ |
(17.7) |
|
$ |
55.1
|
$ |
(40.9) |
|
$ |
46.0
|
| EBITDA Margin (1) |
|
N/A |
|
|
4.8% |
|
N/A |
|
|
1.8% |
| Operating Loss |
$ |
(150.1) |
|
$ |
(60.2) |
$ |
(410.9) |
|
$ |
(158.2) |
| Depreciation and
Amortization |
$ |
132.4
|
|
$ |
115.3
|
$ |
370.0
|
|
$ |
204.2
|
| Capital Expenditures
(2) |
$ |
262.0
|
|
$ |
97.6
|
$ |
649.1
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|
$ |
253.4
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| |
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| SATELLITE SERVICES |
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|
|
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| Total Revenues |
$ |
199.3
|
|
$ |
210.7
|
$ |
820.7
|
|
$ |
604.6
|
| EBITDA (1) |
$ |
135.5
|
|
$ |
169.0
|
$ |
557.9
|
|
$ |
465.9
|
| EBITDA Margin (1) |
|
68.0% |
|
|
80.2% |
|
68.0% |
|
|
77.1% |
| Operating Profit
|
$ |
52.0
|
|
$ |
98.2
|
$ |
319.1
|
|
$ |
258.9
|
| Operating Profit
Margin |
|
26.1% |
|
|
46.6% |
|
38.9% |
|
|
42.8% |
| Depreciation and
Amortization |
$ |
83.5
|
|
$ |
70.8
|
$ |
238.8
|
|
$ |
207.0
|
| Capital Expenditures
(3) |
$ |
109.4
|
|
$ |
347.8
|
$ |
317.6
|
|
$ |
823.0
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| |
|
|
|
|
|
|
|
|
|
|
|
| NETWORK SYSTEMS |
|
|
|
|
|
|
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|
|
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| Total Revenues |
$ |
284.0
|
|
$ |
426.2
|
$ |
1,020.3
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|
$ |
998.2
|
| EBITDA (1) |
$ |
16.8
|
|
$ |
49.8
|
$ |
34.4
|
|
$ |
80.5
|
| EBITDA Margin (1) |
|
5.9% |
|
|
11.7% |
|
3.4% |
|
|
8.1% |
| Operating Profit
(Loss) |
$ |
1.6
|
|
$ |
31.3
|
$ |
(15.4) |
|
$ |
23.1
|
| Operating Profit
Margin |
|
0.6% |
|
|
7.3% |
|
N/A |
|
|
2.3% |
| Depreciation and
Amortization |
$ |
15.2
|
|
$ |
18.5
|
$ |
49.8
|
|
$ |
57.4
|
| Capital Expenditures
(4) |
$ |
79.2
|
|
$ |
38.4
|
$ |
241.0
|
|
$ |
111.2
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| |
|
|
|
|
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| ELIMINATIONS
and OTHER |
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|
|
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| Total Revenues |
$ |
(86.3) |
|
$ |
(153.7) |
$ |
(329.9) |
|
$ |
(311.9) |
| EBITDA (1) |
$ |
(26.7) |
|
$ |
(71.8) |
$ |
(111.2) |
|
$ |
(155.0) |
| Operating Loss |
$ |
(33.9) |
|
$ |
(76.0) |
$ |
(125.7) |
|
$ |
(166.5) |
| Depreciation and
Amortization |
$ |
7.2
|
|
$ |
4.2
|
$ |
14.5
|
|
$ |
11.5
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| Capital Expenditures
|
$ |
(24.6) |
|
$ |
8.4
|
$ |
(2.3) |
|
$ |
(42.2) |
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|
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|
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| TOTAL |
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| Total Revenues |
$ |
1,688.5
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|
$ |
1,627.8
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$ |
5,228.6
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|
$ |
3,862.3
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| EBITDA (1) |
$ |
107.9
|
|
$ |
202.1
|
$ |
440.2
|
|
$ |
437.4
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| EBITDA Margin (1) |
|
6.4% |
|
|
12.4% |
|
8.4% |
|
|
11.3% |
| Operating Loss |
$ |
(130.4) |
|
$ |
(6.7) |
$ |
(232.9) |
|
$ |
(42.7) |
| Depreciation and
Amortization |
$ |
238.3
|
|
$ |
208.8
|
$ |
673.1
|
|
$ |
480.1
|
| Capital Expenditures
|
$ |
426.0
|
|
$ |
492.2
|
$ |
1,205.4
|
|
$ |
1,145.4
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| |
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Certain 1999 amounts have been reclassified to conform with the 2000 presentation.
(1) EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the sum of operating profit (loss) and depreciation and amortization. EBITDA margin is calculated by dividing EBITDA by total revenues.
(2) Includes expenditures related to satellites amounting to $37.5 million, $13.6 million, $73.2 million and $89.1 million, respectively.
(3) Includes expenditures related to satellites amounting to $81.7 million, $93.2 million, $258.8 million and $408.8 million,
respectively. Also included in the third quarter and first nine months of 1999 are $228.2 million and $369.5 million,
respectively, related to the early buy-out of satellite sale-leasebacks.
(4) Includes expenditures related to satellites amounting to $68.7 million, $28.0 million, $193.2 million and $74.9 million, respectively.
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