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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2014
SEGMENT INFORMATION  
SEGMENT INFORMATION

 

18.   SEGMENT INFORMATION

        The Company's three Russia-based television channels (CTC, Domashny and Peretz) and Channel 31 in Kazakhstan represent the Company's reportable segments. Each channel includes operating results of its network, which is responsible for broadcasting operations, including sales of its network's advertising, licensing and commissioning of programming, producing its programming schedule and managing its relationships with its independent affiliates, and the respective owned-and-operated stations that distribute the network's signal.

        The Company's other less significant operating segments are included along with headquarters' operations in the "All Other" category for financial reporting purposes. The Company evaluates performance based on the operating results of each segment, among other performance measures.

                                                                                                                                                                                    

 

 

Year ended December 31, 2012

 

 

 

Operating
revenue
from
external
customers

 

Intersegment
revenue

 

Operating
income/
(loss)

 

Identifiable
assets

 

Depreciation
and
amortization

 

Programming
expenses

 

Impairment
loss

 

CTC Channel

 

$

577,034

 

$

1,382

 

$

199,035

 

$

644,115

 

$

(8,024

)

$

(220,229

)

$

(19,523

)

Domashny Channel

 

 

113,290

 

 

530

 

 

5,277

 

 

122,417

 

 

(4,013

)

 

(52,490

)

 

(16,224

)

Peretz Channel

 

 

81,184

 

 

93

 

 

(35,933

)

 

156,951

 

 

(9,266

)

 

(30,242

)

 

(43,795

)

Channel 31

 

 

22,595

 

 

 

 

2,647

 

 

22,858

 

 

(999

)

 

(12,128

)

 

(2,961

)

All Other

 

 

10,843

 

 

1,787

 

 

(21,139

)

 

85,528

 

 

(1,716

)

 

(2,047

)

 

 

Business segment results

 

$

804,946

 

$

3,792

 

$

149,887

 

$

1,031,869

 

$

(24,018

)

$

(317,136

)

$

(82,503

)

​  

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Eliminations

 

 

 

 

(3,792

)

 

 

 

(46,295

)

 

 

 

 

 

 

Consolidated results

 

$

804,946

 

$

 

$

149,887

 

$

985,574

 

$

(24,018

)

$

(317,136

)

$

(82,503

)

​  

​  

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Year ended December 31, 2013

 

 

 

Operating
revenue
from
external
customers

 

Intersegment
revenue

 

Operating
income/
(loss)

 

Identifiable
assets

 

Depreciation
and
amortization

 

Programming
expenses

 

Impairment
loss

 

CTC Channel

 

$

586,434

 

$

1,186

 

$

215,976

 

$

665,609

 

$

(9,033

)

$

(234,234

)

$

 

Domashny Channel

 

 

124,838

 

 

190

 

 

25,633

 

 

111,353

 

 

(7,792

)

 

(55,753

)

 

 

Peretz Channel

 

 

84,264

 

 

10

 

 

6,358

 

 

145,419

 

 

(11,773

)

 

(34,828

)

 

 

Channel 31

 

 

25,821

 

 

 

 

5,072

 

 

25,933

 

 

(2,931

)

 

(12,694

)

 

 

All Other

 

 

10,746

 

 

140

 

 

(45,340

)

 

49,799

 

 

(1,587

)

 

(1,194

)

 

(29,869

)

Business segment results

 

$

832,103

 

$

1,526

 

$

207,699

 

$

998,113

 

$

(33,116

)

$

(338,703

)

$

(29,869

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Eliminations

 

 

 

 

(1,526

)

 

 

 

(27,137

)

 

 

 

 

 

 

Consolidated results

 

$

832,103

 

$

 

$

207,699

 

$

970,976

 

$

(33,116

)

$

(338,703

)

$

(29,869

)

​  

​  

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Year ended December 31, 2014

 

 

 

Operating
revenue
from
external
customers

 

Intersegment
revenue

 

Operating
income/
(loss)

 

Identifiable
assets

 

Depreciation
and
amortization

 

Programming
expenses

 

Impairment
loss

 

CTC Channel

 

$

499,131

 

$

1,327

 

$

165,764

 

$

387,536

 

$

(6,984

)

$

(207,408

)

$

 

Domashny Channel

 

 

110,674

 

 

106

 

 

21,802

 

 

71,089

 

 

(5,565

)

 

(50,451

)

 

 

Peretz Channel

 

 

66,254

 

 

7

 

 

(26,674

)

 

49,012

 

 

(8,749

)

 

(30,553

)

 

(29,356

)

Channel 31

 

 

22,597

 

 

 

 

4,181

 

 

24,256

 

 

(2,524

)

 

(10,932

)

 

 

All Other

 

 

12,717

 

 

87

 

 

(14,012

)

 

91,185

 

 

(2,260

)

 

(790

)

 

 

Business segment results

 

$

711,373

 

$

1,527

 

$

151,061

 

$

623,078

 

$

(26,082

)

$

(300,134

)

$

(29,356

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Eliminations

 

 

 

 

(1,527

)

 

 

 

(14,025

)

 

 

 

 

 

 

Consolidated results

 

$

711,373

 

$

 

$

151,061

 

$

609,053

 

$

(26,082

)

$

(300,134

)

$

(29,356

)

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