CCMO Financials 07/16/2014 07:59:23 CC Media Hold

CCMO Financials 07/16/2014 07:59:23
CC Media Holdings, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 6,243,044 6,246,884 6,161,352 5,865,685
Cost of Revenue 2,543,419 2,494,241 2,504,467 2,381,647
Gross Profit 3,699,625 3,752,643 3,656,885 3,484,038
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,951,045 1,915,657 1,831,241 1,870,964
Non-Recurring Items 16,970 37,651 7,614 15,364
Other 730,828 729,285 763,306 732,869
Operating Income 1,000,782 1,070,050 1,054,724 864,841
Income From Continuing Operations
Add'l Income/Expense Items 21,031 (259,053) (9,443) 39,965
Earnings Before Interest and Tax 944,117 829,554 1,072,239 910,508
Interest Expense 1,649,451 1,549,023 1,466,246 1,533,341
Earnings Before Tax (705,334) (719,469) (394,007) (622,833)
Income Tax (121,817) (308,279) (125,978) (159,980)
Minority Interest 23,366 13,289 34,065 16,236
Equity Earnings Unconsolidated Subsidiary (77,696) 18,557 26,958 5,702
Net Income Cont. Operations (772,447) (660,645) (276,583) (413,098)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (606,883) (424,479) (302,094) (479,089)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (606,883) (424,479) (302,094) (479,089)