BELO CORP (BLC) financial statements (2022 and earlier)

Company profile

Business Address 400 S RECORD ST
DALLAS, TX 75202
State of Incorp. DE
Fiscal Year End December 31
SIC 4833 - Television Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments9
Cash and cash equivalents9
Prepaid expense and other current assets10
Other undisclosed current assets8
Total current assets:168
Noncurrent Assets
Property, plant and equipment147
Intangible assets, net (including goodwill)1,149
Intangible assets, net (excluding goodwill)725
Prepaid expense and other noncurrent assets36
Total noncurrent assets:1,332
Current Liabilities
Accounts payable and accrued liabilities96
Accounts payable20
Accrued liabilities42
Employee-related liabilities24
Taxes payable9
Deferred revenue and credits3
Other undisclosed current liabilities13
Total current liabilities:112
Noncurrent Liabilities
Long-term debt and lease obligation733
Long-term debt, excluding current maturities733
Liabilities, other than long-term debt355
Pension and other postretirement defined benefit plans, liabilities87
Deferred tax liabilities, net258
Other liabilities11
Total noncurrent liabilities:1,088
Total liabilities:1,200
Stockholders' equity
Stockholders' equity attributable to parent, including:300
Additional paid in capital1,090
Accumulated other comprehensive loss(94)
Accumulated deficit(696)
Other undisclosed stockholders' equity attributable to parent1
Stockholders' equity attributable to noncontrolling interest(0)
Total stockholders' equity:300

Income statement (P&L) ($ in millions)

(Revenue, Net)
Cost of revenue(16)
Gross profit:699
Operating expenses(470)
Operating income:229
Nonoperating expense(72)
Interest and debt expense(70)
Income from continuing operations before equity method investments, income taxes:87
Income from equity method investments2
Other undisclosed income from continuing operations before income taxes68
Income from continuing operations before income taxes:157
Income tax expense(57)
Net income:100
Net income attributable to noncontrolling interest0
Net income attributable to parent:100
Other undisclosed net loss available to common stockholders, basic(1)
Net income available to common stockholders, basic:99
Dilutive securities, effect on basic earnings per share0
Net income available to common stockholders, diluted:99

Comprehensive Income ($ in millions)

Net income:100
Other comprehensive loss(7)
Comprehensive income:93
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)
Other undisclosed comprehensive income, net of tax, attributable to parent1
Comprehensive income, net of tax, attributable to parent:93

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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