| | STATEMENT OF OPERATIONS AND AVAILABLE SEPARATE CONSOLIDATED NET INCOME (LOSS) | | (Dollars in Millions) | | (Unaudited) | Three Months Ended | | Year Ended | | | December 31, | December 31, | | | | | 2001 | | 2000 | 2001 | | 2000 | | Revenues | | Direct broadcast, leasing and other services | $1,934.6 | | $1,738.9 | $7,202.3 | | $6,262.2 | | Product sales | 346.0 | | 320.1 | 1,059.7 | | 1,025.4 |
| | Total Revenues | 2,280.6 | | 2,059.0 | 8,262.0 | | 7,287.6 |
| | Operating Costs and Expenses Broadcast programming and other costs | 898.8 | | 776.9 | 3,254.2 | | 2,812.8 | | Cost of products sold | 309.8 | | 234.5 | 900.2 | | 815.1 | | Selling, general and administrative expenses | 953.8 | | 893.8 | 3,717.7 | | 3,065.7 | | Depreciation and amortization | 296.8 | | 275.0 | 1,147.7 | | 948.1 |
| | Total Operating Costs and Expenses | 2,459.2 | | 2,180.2 | 9,019.8 | | 7,641.7 |
| | | | Operating Loss | (178.6) | | (121.2) | (757.8) | | (354.1) | | | | Interest income | 4.5 | | 34.0 | 56.7 | | 49.3 | | Interest expense | (61.9) | | (49.0) | (195.9) | | (218.2) | | Other, net | (2.7) | | 1.8 | (92.7) | | (292.6) |
| | Loss From Continuing Operations Before Income Taxes, Minority Interests, and Cumulative Effect of Accounting Change | (238.7) | | (134.4) | (989.7) | | (815.6)) | | | | Income tax benefit | 107.8 | | 51.7 | 325.6 | | 406.1 | | Minority interests in net (earnings) losses of subsidiaries | (1.7) | | 22.4 | 49.9 | | 54.1 |
| | | | Loss from continuing operations before cumulative effect of accounting change | (132.6) | | (60.3) | (614.2) | | (355.4) | | | | Income (Loss) from discontinued operations, net of taxes | - | | (14.2) | - | | 36.1 | | Gain on sale of discontinued operations, net of taxes | - | | 1,132.3 | - | | 1,132.3 |
| | Income (Loss) before cumulative effect of accounting change | (132.6) | | 1,057.8 | (614.2) | | 813.0 | | Cumulative effect of accounting change, net of taxes | - | | - | (7.4) | | - |
| | Net Income (Loss) | (132.6) | | 1,057.8 | (621.6) | | 813.0 | | Adjustments to exclude theeffect of GM purchase accounting | 0.8 | | 1.0 | 3.3 | | 16.9 |
| | Income (Loss) Excluding the Effect of GM Purchase Accounting Adjustments | (131.8) | | 1,058.8 | (618.3) | | 829.9 | | | | Preferred stock dividends | (24.1) | | (24.1) | (96.4) | | (97.0) |
| | Earnings (Loss) Used for Computation of Available Separate Consolidated Net Income (Loss) | $(155.9) | | $1,034.7 | $(714.7) | | $732.9 |
| | | | Available Separate Consolidated Net Income (Loss) | | Average number of shares of GeneralMotors Class H Common Stock outstanding (in millions) (Numerator) | 877.3 | | 874.9 | 876.3 | | 681.2 | | Average Class H dividend base (in millions) (Denominator) | 1,300.9 | | 1,298.7 | 1,300.0 | | 1,297.0 | | Available Separate Consolidated Net Income (Loss) | $(105.1) | | $697.1 | $(481.8) | | $384.9 |
| | Certain 2000 amounts have been reclassified to conform with the 2001 presentation. | |
