Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v2.4.0.8
Investments In Affiliates Accounted For Using The Equity Method (Tables)
9 Months Ended
Sep. 30, 2014
Investments In Affiliates Accounted For Using The Equity Method  
Schedule Of Equity Ownership And Carrying Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2014

 

December 31, 2013

 

 

    

Percentage

    

Fair Value

    

Carrying

    

Carrying

 

 

 

ownership

 

(Level 1)

 

amount

 

amount

 

 

 

dollar amounts in millions

 

Charter (a)

 

25 

%  

$

4,201 

 

$

2,376 

 

2,395 

 

Live Nation (b) (c)

 

27 

%

$

1,291 

 

 

452 

 

409 

 

SIRIUS XM Canada

 

37 

%

$

304 

 

 

239 

 

273 

 

Other

 

various

 

 

NA

 

 

231 

 

222 

 

 

 

 

 

 

 

 

$

3,298 

 

3,299 

 

 

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

    

2014

    

2013

    

2014

    

2013

 

 

 

amounts in millions

 

Charter (a)

 

$

(34)

 

(37)

 

(87)

 

(74)

 

SIRIUS XM

 

 

 —

 

 —

 

 

 

Live Nation

 

 

21 

 

13 

 

18 

 

 

SIRIUS XM Canada

 

 

 

 

 

 

Other

 

 

 

14 

 

13 

 

46 

 

 

 

$

(6)

 

(8)

 

(53)

 

(12)

 

 


(a)

As discussed below, Liberty acquired its interest in Charter during the nine months ended September 30, 2013 for approximately $2.6 billion. Additionally, during the nine months ended September 30, 2014 Liberty acquired 896,845 shares of Charter for $124 million.

(b)

See note 8 for details regarding the number and fair value of shares pledged as collateral pursuant to certain margin loan agreements as of September 30, 2014.  

(c)

During the nine months ended September 30, 2014, Liberty acquired approximately 1.7 million shares of Live Nation for approximately $39 million.