Operating Income. 4,919,857 ---------- 564,544 4,217,329 ---------- 502,212 3,643,162 ---------- 381,873 5,494,024 ---------- 684,883
Operating Income. Operating Income shall mean the Company’s operating income as set forth on the audited consolidated statement of operations of the Company and its subsidiaries for the applicable fiscal year.
Operating Income. 217.3 156.4 138.4 OTHER (INCOME) EXPENSE Interest expense, including intercompany interest, net..... 231.2 263.6 214.6 Equity in net losses (income) of affiliates and other...... 238.6 (16.3) (7.6) 469.8 247.3 207.0 LOSS BEFORE INCOME TAX BENEFIT AND EXTRAORDINARY ITEMS........................................ (252.5) (90.9) (68.6) INCOME TAX BENEFIT............................................ (16.6) (37.4) (25.3) LOSS BEFORE EXTRAORDINARY ITEMS............................... (235.9) (53.5) (43.3) EXTRAORDINARY ITEMS........................................... (2.8) (0.6) NET LOSS...................................................... (238.7) (53.5) (43.9) ACCUMULATED DEFICIT Beginning of year.......................................... (2,127.1) (1,914.3) (1,827.6) Retirement of common stock................................. (17.7) (133.3) (20.4) Cash dividends, $.0933 per share per year.................. (32.4) (26.0) (22.4) End of year................................................ ($2,415.9)========= ($2,127.1)========= ($1,914.3)========= - 88 - COMCAST CORPORATION AND SUBSIDIARIES SCHEDULE I -- CONDENSED FINANCIAL INFORMATION OF REGISTRANT UNCONSOLIDATED (PARENT ONLY) (In millions) 1997 Year Ended December 31, 1996 1995 ERATING ACTIVITIES Net loss................................................... ($238.7) ($53.5) ($43.9) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization............................ 7.0 8.9 6.5 Non-cash interest expense, net........................... 106.8 136.2 105.5 Equity in net losses (income) of affiliates.............. 275.2 (15.2) (2.7) Extraordinary items...................................... 2.8 0.6 Deferred income taxes and other.......................... 88.9 68.4 41.1 242.0 144.8 107.1 Increase in other current assets......................... (Decrease) increase in accrued interest and other current liabilities.............................. (0.2) (79.9) (1.5) 42.8 (1.2) 36.7 Net cash provided by operating activities............ 161.9 186.1 142.6 OP FINANCING ACTIVITIES Proceeds from borrowings................................... 800.9 Retirement and repayment of debt .......................... (59.5) (300.9) Issuance of preferred stock................................ 500.0 Issuances (repurchases) of common stock, net............... 470.2 (175.9) (7.1) Dividends.................................................. (34.0) (26.8) (22.4) Other....................................
Operating Income. Operating Income of the Partnership for each taxable ---------------- year of the Partnership shall be allocated among the Partners as follows:
(i) First, 100% to the General Partner and the Limited Partners in accordance with their respective Percentage Interests until the cumulative amount of Operating Income and gain allocated pursuant to this Section 5.01(a)(i) and Section 5.01(c)(i)(A) for the current and all prior years equals the cumulative amount of Operating Losses and losses allocated pursuant to Section 5.01(b)(iii) and Section 5.01(c)(ii)(B) for the current and all prior years;
(ii) Second, 85% to the General Partner and the Limited Partners in accordance with their respective Percentage Interests and 15% to the Special Limited Partner until the cumulative amount of Operating Income and gain allocated pursuant to this Section 5.01(a)(ii) and Section 5.01(c)(i)(B) for the current and all prior years equals the cumulative amount of Operating Losses and losses allocated pursuant to Section 5.01(b)(ii) and Section 5.01(c)(ii)(A) for the current and all prior years;
(iii) Third, 100% to the General Partner and the Limited Partners in accordance with their respective Percentage Interests until the cumulative amount of Operating Income allocated pursuant to this Section 5.01(a)(iii) for the current and all prior years equals the cumulative amount of Operating Losses allocated pursuant to Section 5.01(b)(i) for the current and all prior years;
(iv) Fourth, 100% to the General Partner and the Limited Partners in accordance with their respective Percentage Interests until the cumulative amount of Operating Income and gain allocated to the General Partner and each of the Limited Partners under this Section 5.01(a)(iv) and Section 5.01(c)(i)(C)(4) for the current and all prior years and under Section 5.01(a)(vi) for all prior years equals the cumulative amount distributed to the General Partner and each of the Limited Partners pursuant to Section 5.02(a)(i) and Section 5.02(b)(i)(C) for the current and all prior years;
(v) Fifth, 85% to the General Partner and the Limited Partners in accordance with their respective Percentage Interests and 15% to the Special Limited Partner until the cumulative amount of Operating Income and gain allocated to the Special Limited Partner under this Section 5.01(a)(v) and Section 5.01(c)(i)(D) for the current and all prior years equals the cumulative amount distributed to the Special Limited Partner pursuant to Section 5.02...
Operating Income. The Committee will calculate the Company’s Operating Income as the Company’s three-year cumulative Adjusted Operating Income (Non-GAAP) for the Company’s fiscal years 2014 through 2016, as adjusted, both positively and negatively, for the following items as approved by the Compensation Committee: impacts of unplanned acquisitions and divestitures; impairment charges related to goodwill, other intangible assets, and long-lived assets (non-cash); unplanned costs and benefits related to real estate strategy including, but not limited to, lease terminations or facility closure obligations; and unplanned legal expenses related to attorneys’ fees, settlements, and judgments; and any additional unplanned and extraordinary events (as determined by the Committee) for which the Committee determines adjustments should be made. All calculations related to foreign exchange rates will be calculated based on the foreign exchange rate used in the Company’s 2014 through 2016 annual operating plans, as applicable.
Operating Income. The Company shall not permit (as of the end of any fiscal quarter) its operating income to be less than $.01.
Operating Income. The Restricted Shares earned under the Operating Income metric shall be determined based upon the Company’s cumulative Operating Income for the Performance Period, as determined by the Committee, and the Operating Income Restricted Shares matrix attached hereto as Exhibit A.
Operating Income. Maintain, as of the last day of each Fiscal Quarter, a ratio of (i) aggregate segment operating income of the Regulated Subsidiaries, to (ii) consolidated total segment operating income (excluding corporate and other) in each case determined consistently with GAAP and consistently with the past practices of Borrower for the twelve month period then ended, of not less than 0.65 to 1.00.
Operating Income. For each Taxable Year, Operating Income shall be allocated in the following order of priority:
(a) first, to each Partner until the aggregate amount allocated to each such Partner (and any predecessor in interest) under this Section 7.01(a) and under Section 7.04(a) for all prior and current periods is equal to the aggregate amount theretofore distributed for all prior and current periods to such Partner (and any predecessor in interest) pursuant to Sections 6.01(a), 6.01(b) and 6.03(a) hereof (as to each Partner the amount of such distributions in excess of such allocations being referred to herein as each such Partner's "Allocation Shortfall Amount") (and if there is insufficient Operating Income to make a full allocation under this Section 7.01(a), then pro rata to the Partners in proportion to their respective Allocation Shortfall Amounts); and
(b) thereafter, to the Partners in accordance with their respective Sharing Ratios.
Operating Income. All Operating Income received by the Operator from whatever source with respect to the Premises will be collected by the Operator, held by the Operator and used by the Operator solely for the purpose of and to the extent authorized by this Agreement.
