Manuals / Reliant / Personal Care / Medical Alarms

Reliant FORM 10-K manual 612 450 15,364 380

Models: FORM 10-K

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Supplemental Consolidating Statements of Operations for the year ended December 31, 2001:

 

 

 

Nortel

 

Nortel

 

 

 

Non-

 

 

 

 

 

 

 

 

Networks

Networks

 

Guarantor

 

Guarantor

 

 

 

 

 

(millions of U.S. dollars)

Corporation

 

Limited

Subsidiaries

Subsidiaries

Eliminations

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

–

$

5,196

$

14,124

$

4,970

$

(5,390)

$

18,900

Cost of revenues

 

 

–

 

4,639

 

11,044

 

4,319

 

(5,390)

 

14,612

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

 

–

 

557

 

3,080

 

651

 

–

 

4,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative expense

 

(21)

 

679

 

4,499

 

954

 

–

 

6,111

 

Research and development expense

 

 

–

 

1,085

 

1,654

 

377

 

–

 

3,116

 

In-process research and development expense

 

 

–

 

–

 

–

 

15

 

–

 

15

 

Amortization of intangibles

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired technology and other

 

 

–

 

–

 

574

 

232

 

–

 

806

 

Goodwill

 

 

–

 

22

 

1,561

 

2,475

 

–

 

4,058

 

Deferred stock option compensation

 

 

–

 

18

 

(2)

 

232

 

–

 

248

 

Special charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill impairment

 

 

–

 

–

 

1,257

 

10,169

 

–

 

11,426

 

Other special charges

 

 

–

 

505

 

1,654

 

1,231

 

–

 

3,390

 

(Gain) loss on sale of businesses and assets

 

 

–

 

(5)

 

(90)

 

233

 

–

 

138

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating earnings (loss)

 

21

 

(1,747)

 

(8,027)

 

(15,267)

 

–

 

(25,020)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense) — net

 

(21)

 

306

 

(354)

 

(57)

 

(380)

 

(506)

 

Interest expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

(32)

 

(145)

 

3

 

(34)

 

–

 

(208)

 

Other

 

1

 

(26)

 

(72)

 

(6)

 

–

 

(103)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) from continuing operations before income taxes,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

minority interests and equity in net loss of associated companies

 

(31)

 

(1,612)

 

(8,450)

 

(15,364)

 

(380)

 

(25,837)

 

Income tax benefit (expense)

 

(4)

 

1,777

 

309

 

669

 

–

 

2,751

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(35)

 

165

 

(8,141)

 

(14,695)

 

(380)

 

(23,086)

 

Minority interests — net of tax

 

 

–

 

–

 

–

 

(8)

 

(26)

 

(34)

 

Equity in net earnings (loss) of associated companies — net of tax

 

(23,220)

 

(11,171)

 

(4,744)

 

7

 

38,978

 

(150)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) from continuing operations

 

(23,255)

 

(11,006)

 

(12,885)

 

(14,696)

 

38,572

 

(23,270)

 

Net earnings (loss) from discontinued operations — net of tax

 

(2,467)

 

(1,994)

 

(1,296)

 

(473)

 

3,763

 

(2,467)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) before cumulative effect of accounting change

 

(25,722)

 

(13,000)

 

(14,181)

 

(15,169)

 

42,335

 

(25,737)

 

Cumulative effect of accounting change — net of tax

 

 

–

 

15

 

–

 

–

 

–

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss)

$

(25,722)

$

(12,985)

$

(14,181)

$

(15,169)

$

42,335

$

(25,722)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

F-87

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Reliant FORM 10-K manual 612 450 15,364 380
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