| (Dollars in Millions) |
| (Unaudited) | | | Three Months |
| | | Ended March 31, |
| | |
|
| | | 2002 | | 2001 |
|
| Revenues | | | | | | | | | | |
| Direct broadcast, leasing and other services | | | $1,858.0 | | $1,698.2 | |
| Product sales | | | | | | | | 180.2 | | 194.8 |
|
| Total Revenues | | | | | | | | | 2,038.2 | | 1,893.0 |
|
| Operating Costs and Expenses | | | | | |
| Broadcast programming and other costs | | | 903.2 | | 738.7 |
| Cost of products sold | | | 173.0 | | 154.5 |
| Selling, general and administrative expenses | | | 827.8 | | 886.6 |
| Depreciation and amortization | | | | | | 262.0 | | 265.7 |
|
| Total Operating Costs and Expenses | | | | | | | | | 2,166.0 | | 2,045.5 |
|
| | | | | |
| Operating Loss | | | (127.8) | | (152.5) | |
| | | | | |
| Interest income | | | 4.3 | | 23.8 |
| Interest expense | | | (76.4) | | (50.6) |
| Other, net | | | | | | | | (41.6) | | 7.2 |
|
| Loss From Continuing Operations Before Income Taxes, Minority Interests and Cumulative Effect of Accounting Change | | (241.5) | | (172.1) |
| | | | | | |
| Income tax benefit | | | 91.8 | | 49.9 |
| Minority interests in net (earnings) losses of subsidiaries | | | | | (6.7) | | 24.3 |
|
| | | | | |
|
| | | |
| Loss before cumulative effect of accounting change | | | (156.4) | | (97.9) |
| Cumulative effect of accounting change, net of taxes | | | | - | | (7.4) |
|
| | | |
| Net Loss | | | (156.4) | | (105.3) |
| | | | |
| Adjustment to exclude the effect of GM purchase accounting | | | - | | 0.8 |
|
| | | | | | | | | |
| Loss Excluding the Effect of GM Purchase Accounting Adjustment | | (156.4) | | (104.5) |
| | | | | | | |
| Preferred stock dividends | | | | | | (24.1) | | (24.1) |
|
| | | | | |
| Loss Used for Computation of Available Separate Consolidated Net Income (Loss) | | $(180.5) | | $(128.6) |
|
| | | | | |
| Available Separate Consolidated Net Loss | | | |
| Average number of shares of General Motors Class H Common Stock outstanding (in millions) (Numerator) | | 877.6 | | 875.4 |
| Average Class H dividend base (in millions) (Denominator) | | | 1,301.2 | | 1,299.1 |
| Available Separate Consolidated Net Loss | | | | | $(121.7) | | $(86.7) |
|
