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Clearwire Corp (CLWR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K
Revenues  1,264.71,253.5535.1243.820.5 
            Revenues growth  0.9%134.2%119.5%1089.8%  
Operating expenses:        
Cost of goods and services and network costs  908.11,250.0912.8410.9132.5 
Selling, general and administrative expense  558.2698.1871.0515.3149.999.5
Depreciation and amortization  768.2687.6454.0190.358.14.0
Spectrum lease expense  326.8308.7280.0259.490.0 
   
Loss from abandonment of network and other assets        
    Total operating expenses  2,643.53,644.72,697.81,383.7513.6 
    Operating loss  -1,378.8-2,391.2-2,162.7-1,139.9-493.1-212.4
            Operating margin  -109.0%-190.8%-404.2%-467.6%-2406.5% 
   
Other income (expense):        
Interest income  1.92.35.09.61.1 
Interest expense  -553.5-506.0-152.9-69.4-16.5 
Loss on derivative instruments  1.4145.363.3-7.0-6.1 
Other income (expense), net  -12.20.7-2.7-1.8-16.14.0
    Total other expense, net  -562.4-357.7-87.3-68.5-37.7 
    Loss from continuing operations before income taxes  -1,941.1-2,748.9-2,250.0-1,208.4  
Income tax (provision) benefit  -197.4106.81.20.261.616.4
    Net loss from continuing operations  -1,743.7-2,855.7-2,251.2-1,208.6  
Less: non-controlling interests in net loss from continuing operations of consolidated subsidiaries  1,182.22,158.81,775.8   
    Loss from Continuing Operations Attributable to Parent  -561.6-696.9-475.4-313.7  
Net income (loss) from discontinued operations attributable to Clearwire Corporation  -167.0-20.4-12.1-11.8  
    Net loss attributable to Clearwire Corporation  -728.6-717.3-487.4-325.6-432.6-224.7
   
Net loss from continuing operations attributable to Clearwire Corporation per Class A common share:        
Basic  0.00.00.00.0  
Diluted  0.00.00.00.0  
   
Net loss attributable to Clearwire Corporation per Class A Common Share:        
Basic  ($1.31)($2.78)($2.19)($1.72)($0.16) 
Diluted  ($1.39)($3.07)($2.46)($1.74)($0.28) 

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