SELECTED FINANCIAL AND DOMESTIC CABLE AND BROADBAND
OPERATING HIGHLIGHTS
(UNAUDITED)
Quarter Ended
June 30, % % Chg
Dollars in millions 1998 1997 Change Norm
- ---------------------- -------- ------------------------
Domestic Cable &
Broadband Results
Revenues
Basic cable $ 428 $ 382 12.0
Premium 80 81 (1.2)
Pay-per-view 11 19 (42.1)
Advertising 40 33 21.2
Equip. & Install. 44 38 15.8
Other (7) 1 -
-------------------
Total core cable (5) 596 554 7.6 8.0
New products 11 5 -
Primestar - 26 -
-------------------
Total Revenue (5) $ 607 $ 585 3.8 9.0
-------------------
Operating Cash Flow (4)
Core cable (5) $ 276 $ 256 7.8 6.3
Primestar - 4 -
Other (37) (22) 68.2
-------------------
Total Oper. Cash Flow (5) $ 239 $ 238 0.4 1.7
-------------------
Operating Cash Flow Margins
Core cable 46.3% 46.2%
Total 39.4% 40.7%
Operating & Financial
Highlights
Homes passed
(thousands) (5) 8,430 8,395 0.4 2.1
Subscribers
(thousands):
Basic cable (5) 4,933 4,937 (0.1) 1.5
Primestar - 158 -
Basic pen. 58.5% 58.8%
Premium units
(thousands) 4,034 3,887 3.8
Premium/Basic 81.8% 78.7%
High speed data
cust. (actual) 40,600 6,400 -
Core cbl. mnly.
rev./avg. sub (actual) (5) $ 40.28 $ 38.20 5.4 8.0
See footnotes on page ___.
SELECTED FINANCIAL AND DOMESTIC CABLE AND BROADBAND
OPERATING HIGHLIGHTS
(UNAUDITED)
Six Months Ended
June 30, % % Chg
Dollars in millions 1998 1997 Change Norm
- ---------------------- -------- ------------------------
Domestic Cable &
Broadband Results
Revenues
Basic cable $ 847 $ 752 12.6
Premium 159 163 (2.5)
Pay-per-view 24 30 (20.0)
Advertising 71 58 22.4
Equip. & Install. 84 73 15.1
Other (14) 2 -
-------------------
Total core cable (5) 1,171 1,078 8.6 8.9
New products 21 10 -
Primestar 34 49 (30.6)
-------------------
Total Revenue (5) $ 1,226 $ 1,137 7.8 9.9
-------------------
Operating Cash Flow (4)
Core cable (5) $ 537 $ 492 9.1 8.3
Primestar 4 8 (50.0)
Other (62) (37) 67.6
-------------------
Total Oper. Cash Flow (5) $ 479 $ 463 3.5 3.7
-------------------
Operating Cash Flow Margins
Core cable 45.9% 45.6%
Total 39.1% 40.7%
Operating & Financial
Highlights
Homes passed
(thousands) (5) 8,430 8,395 0.4 2.1
Subscribers
(thousands):
Basic cable (5) 4,933 4,937 (0.1) 1.5
Primestar - 158 -
Basic pen. 58.5% 58.8%
Premium units
(thousands) 4,034 3,887 3.8
Premium/Basic 81.8% 78.7%
High speed data
cust. (actual) 40,600 6,400 -
Core cbl. mnly.
rev./avg. sub (actual) (5) $ 39.73 $ 37.34 6.4 8.9
See footnotes on page ___.