|
|
SELECTED SEGMENT DATA
| (Dollars in Millions) |
|
|
| (Unaudited) |
|
|
Three Months |
|
| |
|
Ended March 31, |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
2003 |
|
2002 |
|
|
| DIRECT-TO-HOME BROADCAST |
|
|
|
|
|
|
|
| Total Revenues |
|
|
|
$1,847.9 |
|
$1,630.4 |
|
| EBITDA (1) |
|
|
|
$211.3 |
|
$(20.9) |
|
| EBITDA Margin (1) |
|
|
11.4% |
|
N/A |
|
| Operating Profit (Loss) |
|
|
$38.3 |
|
$(164.0) |
|
| Operating Profit Margin |
|
|
|
2.1% |
|
N/A |
|
| Depreciation and Amortization |
|
|
|
$173.0 |
|
$143.1 |
|
| Capital Expenditures |
|
|
|
$73.2 |
|
$124.6 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SATELLITE SERVICES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
|
|
|
$199.8 |
|
$207.1 |
|
| EBITDA (1) |
|
|
$148.6 |
|
$151.1 |
|
| EBITDA Margin (1) |
|
|
74.4% |
|
73.0% |
|
| Operating Profit |
|
|
$76.3 |
|
$57.1 |
|
| Operating Profit Margin |
|
|
38.2% |
|
27.6% |
|
| Depreciation and Amortization |
|
|
|
$72.3 |
|
$94.0 |
|
| Capital Expenditures |
|
|
|
$33.1 |
|
$74.0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NETWORK SYSTEMS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
|
|
|
$247.4 |
|
$242.8 |
|
| EBITDA (1) |
|
|
|
$(22.2) |
|
$(30.5) |
|
| Operating Loss |
|
|
$(39.8) |
|
$(48.5) |
|
| Depreciation and Amortization |
|
|
|
$17.6 |
|
$18.0 |
|
| Capital Expenditures |
|
|
|
$54.1 |
|
$128.3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ELIMINATIONS and OTHER |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
|
|
|
$(67.8) |
|
$(55.5) |
|
| EBITDA (1) |
|
|
|
$(32.7) |
|
$64.8 |
|
| Operating Profit (Loss) |
|
|
$(32.9) |
|
$67.7 |
|
| Depreciation and Amortization |
|
|
|
$0.2 |
|
$(2.9) |
|
| Capital Expenditures |
|
|
|
$27.1 |
|
$19.0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL |
|
|
|
|
|
|
|
|
| Total Revenues |
|
|
|
$2,227.3 |
|
$2,024.8 |
|
| EBITDA (1) |
|
|
|
$305.0 |
|
$164.5 |
|
| EBITDA Margin (1) |
|
|
|
13.7% |
|
8.1% |
|
| Operating Profit (Loss) |
|
|
|
$41.9 |
|
$(87.7) |
|
| Operating Profit Margin |
|
|
|
1.9% |
|
N/A |
|
| Depreciation and Amortization |
|
|
|
$263.1 |
|
$252.2 |
|
| Capital Expenditures |
|
|
|
$187.5 |
|
$345.9 |
|
|
(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. EBITDA is not presented as an alternative measure
of operating results or cash flow from operations, as determined in accordance
with accounting principles generally accepted in the United States of
America. EBITDA does not reflect the funds available for investment in
the business of HUGHES, dividends or other discretionary uses. EBITDA
as presented herein may not be comparable to similarly titled measures
reported by other companies.
|
