|
|
SELECTED SEGMENT DATA
|
(Dollars in Millions) |
|
|
|
(Unaudited) |
|
Three Months |
|
Nine Months |
|
|
|
|
Ended September 30, |
|
Ended September 30, |
|
|
|
|
|
|
|
|
|
|
|
|
|
2003 |
|
|
2002 |
|
|
2003 |
|
|
2002 |
|
|
|
DIRECT-TO-HOME BROADCAST |
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
$ |
2,087.2
|
|
$ |
1,761.5
|
|
$ |
5,878.2
|
|
$ |
5,168.2
|
|
|
|
Operating
Profit Before Depreciation and Amortization (1) |
|
221.8
|
|
|
177.1
|
|
|
732.5
|
|
|
216.7
|
|
|
|
Operating Profit Before Depreciation and Amortization
Margin (1) |
|
10.6%
|
|
|
10.1%
|
|
|
12.5%
|
|
|
4.2%
|
|
|
|
Operating Profit (Loss) |
$ |
42.1
|
|
$ |
20.8
|
|
$ |
210.3
|
|
$ |
(228.4)
|
|
|
|
Operating Profit Margin |
|
2.0%
|
|
|
1.2%
|
|
|
3.6%
|
|
|
N/A |
|
|
|
Depreciation and Amortization |
$ |
179.7
|
|
$ |
156.3
|
|
$ |
522.2
|
|
$ |
445.1
|
|
|
|
Capital Expenditures |
|
79.6
|
|
|
89.2
|
|
|
218.4
|
|
|
353.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SATELLITE SERVICES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
$ |
210.1
|
|
$ |
199.1
|
|
$ |
613.4
|
|
$ |
615.5
|
|
|
|
Operating
Profit Before Depreciation and Amortization (1) |
|
151.5
|
|
|
145.4
|
|
|
449.4
|
|
|
447.2
|
|
|
|
Operating Profit Before Depreciation and Amortization
Margin (1) |
|
72.1%
|
|
|
73.0% |
|
|
73.3%
|
|
|
72.7%
|
|
|
|
Operating Profit
|
$ |
66.5
|
|
$ |
66.4
|
|
$ |
217.2
|
|
$ |
184.5
|
|
|
|
Operating Profit Margin |
|
31.7%
|
|
|
33.4%
|
|
|
35.4%
|
|
|
30.0%
|
|
|
|
Depreciation and Amortization |
$ |
85.0
|
|
$ |
79.0
|
|
$ |
232.2
|
|
$ |
262.7
|
|
|
|
Capital Expenditures |
|
32.4
|
|
|
76.5
|
|
|
87.2
|
|
|
260.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NETWORK SYSTEMS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
$ |
352.7
|
|
$ |
300.2
|
|
$ |
899.7
|
|
$ |
797.4
|
|
|
|
Operating
Profit (Loss) Before Depreciation and Amortization (1) |
|
8.6
|
|
|
(22.9)
|
|
|
(22.8)
|
|
|
(80.4)
|
|
|
|
Operating
Profit Before Depreciation and Amortization Margin (1) |
|
2.4%
|
|
|
N/A
|
|
|
N/A
|
|
|
N/A
|
|
|
|
Operating Loss |
|
(10.1)
|
|
|
(42.9)
|
|
|
(79.7)
|
|
|
(135.0)
|
|
|
|
Depreciation and Amortization |
|
18.7
|
|
|
20.0
|
|
|
56.9
|
|
|
54.6
|
|
|
|
Capital Expenditures |
|
(18.3)
|
|
|
99.3
|
|
|
91.1
|
|
|
315.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ELIMINATIONS and OTHER |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
$ |
(79.8)
|
|
$ |
(66.1)
|
|
$ |
(223.1)
|
|
$ |
(169.3)
|
|
|
|
Operating
Profit (Loss) Before Depreciation and Amortization (1) |
|
(23.1)
|
|
|
(29.8)
|
|
|
(90.6)
|
|
|
2.4
|
|
|
|
Operating Profit (Loss) |
|
(22.0)
|
|
|
(28.3)
|
|
|
(89.4)
|
|
|
8.5
|
|
|
|
Depreciation and Amortization |
|
(1.1)
|
|
|
(1.5)
|
|
|
(1.2)
|
|
|
(6.1)
|
|
|
|
Capital Expenditures |
|
25.8
|
|
|
22.6
|
|
|
82.2
|
|
|
54.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenues |
$ |
2,570.2
|
|
$ |
2,194.7
|
|
$ |
7,168.2
|
|
$ |
6,411.8
|
|
|
|
Operating
Profit Before Depreciation and Amortization (1) |
|
358.8
|
|
|
269.8
|
|
|
1,068.5
|
|
|
585.9
|
|
|
|
Operating Profit Before Depreciation and Amortization
Margin (1) |
|
14.0%
|
|
|
12.3%
|
|
|
14.9%
|
|
|
9.1%
|
|
|
|
Operating Profit (Loss) |
$ |
76.5
|
|
$ |
16.0
|
|
$ |
258.4
|
|
$ |
(170.4)
|
|
|
|
Operating Profit Margin |
|
3.0%
|
|
|
0.7%
|
|
|
3.6%
|
|
|
N/A |
|
|
|
Depreciation and Amortization |
$ |
282.3
|
|
$ |
253.8
|
|
$ |
810.1
|
|
$ |
756.3
|
|
|
|
Capital Expenditures |
|
119.5
|
|
|
287.6
|
|
|
478.9
|
|
|
983.9
|
|
|
(1) Operating profit (loss) before
depreciation and amortization, which is a non-GAAP financial measure,
should be used in conjunction with other GAAP financial measures and is
not presented as an alternative measure of operating results, as determined
in accordance with accounting principles generally accepted in the United
States of America. Please see HUGHES and DIRECTV Holdings LLC recent SEC
filings for further discussion of operating profit (loss) before depreciation
and amortization.
|
