Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method

v3.4.0.3
Investments In Affiliates Accounted For Using The Equity Method
3 Months Ended
Mar. 31, 2016
Investments In Affiliates Accounted For Using The Equity Method  
Investments In Affiliates Accounted For Using The Equity Method

(8)   Investments in Affiliates Accounted for Using the Equity Method

 

Liberty has various investments accounted for using the equity method. The following table includes Liberty's carrying amount, fair value, and percentage ownership of the more significant investments in affiliates at March 31, 2016 and the carrying amount at December 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

March 31, 2016

 

2015

 

 

    

Percentage

    

Fair value

    

Carrying

    

Carrying

 

 

 

ownership

 

(Level 1)

 

amount

 

amount

 

 

 

 

 

dollar amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

 

HSN, Inc.

 

38

%  

$

1,047

 

$

180

 

165

 

Other

 

various

 

 

NA

 

 

43

 

43

 

Total QVC Group

 

 

 

 

 

 

 

223

 

208

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

 

Expedia, Inc.

 

16

%  

$

2,545

 

 

894

 

927

 

FTD Companies, Inc.

 

37

%  

 

268

 

 

261

 

267

 

Other

 

various

 

 

NA

 

 

273

 

239

 

Total Ventures Group

 

 

 

 

 

 

 

1,428

 

1,433

 

Consolidated Liberty

 

 

 

 

 

 

$

1,651

 

1,641

 

 

The following table presents Liberty's share of earnings (losses) of affiliates:

 

 

 

 

 

 

 

 

 

 

Three months ended  March 31,

 

 

    

2016

    

2015

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

HSN, Inc.

 

$

22

 

25

 

Other

 

 

(1)

 

(1)

 

Total QVC Group

 

 

21

 

24

 

Ventures Group

 

 

 

 

 

 

Expedia, Inc.

 

 

(24)

 

4

 

FTD Companies, Inc.

 

 

(3)

 

(2)

 

Other

 

 

(15)

 

(23)

 

Total Ventures Group

 

 

(42)

 

(21)

 

Consolidated Liberty

 

$

(21)

 

3