Time Warner (TWX) Income Statement

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Revenues	7.17B
Costs of revenues	-3.87B
Selling, general and administrative	-1.18B
Amortization of intangible assets	-48M
Restructuring and severance costs	-11M
Asset impairments	-30M
Gain on operating assets
Operating income	2.01B
Interest expense, net
Other loss, net	-27M
Income before income taxes
Income tax provision
Net income	1.47B
Less Net loss attributable to noncontrolling interests	0
Net income attributable to Time Warner Inc. shareholders	1.47B
Basic net income per common share	1.89
Average basic common shares outstanding	776.2M
Diluted net income per common share	1.86
Average diluted common shares outstanding	787.5M
Cash dividends declared per share of common stock	0.4

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