Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - Clear Channel Outdoor Holdings, Inc. | exhibit991-ccohearningsrel.htm |
| 8-K - 8-K - Clear Channel Outdoor Holdings, Inc. | cco-20210510.htm |
Exhibit 99.2
CLEAR CHANNEL INTERNATIONAL B.V. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF LOSS
(UNAUDITED)
| (In thousands) | Three Months Ended March 31, | ||||||||||
| 2021 | 2020 | ||||||||||
| Revenue | $ | 149,524 | $ | 211,690 | |||||||
| Operating expenses: | |||||||||||
| Direct operating expenses (excludes depreciation and amortization) | 169,482 | 173,596 | |||||||||
Selling, general and administrative expenses (excludes depreciation and amortization) | 49,367 | 53,131 | |||||||||
| Corporate expenses (excludes depreciation and amortization) | 9,354 | 8,694 | |||||||||
| Depreciation and amortization | 20,297 | 20,356 | |||||||||
| Other operating expense, net | 1,235 | 2,340 | |||||||||
| Operating loss | (100,211) | (46,427) | |||||||||
| Interest expense, net | (6,142) | (2,583) | |||||||||
| Other income (expense), net | 7,852 | (17,456) | |||||||||
| Loss before income taxes | (98,501) | (66,466) | |||||||||
| Income tax benefit (expense) | 2,129 | (7,441) | |||||||||
| Consolidated net loss | (96,372) | (73,907) | |||||||||
| Less amount attributable to noncontrolling interest | — | 3 | |||||||||
| Net loss attributable to the Company | $ | (96,372) | $ | (73,910) | |||||||