Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method

Investments In Affiliates Accounted For Using The Equity Method

3 Months Ended

Mar. 31, 2018

Investments In Affiliates Accounted For Using The Equity Method

Investments In Affiliates Accounted For Using The Equity Method

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

Qurate Retail has various investments accounted for using the equity method. The following table includes Qurate Retail's carrying amount, fair value, and percentage ownership of the more significant investments in affiliates at March 31, 2018 and the carrying amount at December 31, 2017:


							December 31,
	March 31, 2018						2017
	Percentage		Fair value		Carrying		Carrying
	ownership		(Level 1)		amount		amount
			dollar amounts in millions
FTD	37	%	$	37		67	73
LendingTree (1)	NA			NA		NA	115
Other	various			NA		137	121
					$	204	309

(1)

As a result of the GCI Liberty Split-Off, LendingTree is no longer an equity affiliate of the Company as of March 9, 2018.

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


	Three months ended March 31,
	2018		2017
	amounts in millions
HSNi (1)	$	NA	16
FTD		(8)	(5)
LendingTree (2)		—	2
Other		(6)	(40)
	$	(14)	(27)

(1)

As discussed in note 1, on December 29, 2017, the Company acquired the approximately 62% of HSNi it did not already own in an all-stock transaction making HSNi a wholly-owned subsidiary of the Company. As HSNi is no longer an equity affiliate as of this date, the Company has not recorded share of earnings (losses) related to HSNi for the three months ended March 31, 2018.

(2)

As a result of the GCI Liberty Split-Off, LendingTree is no longer an equity affiliate of the Company as of March 9, 2018, and the Company’s share of LendingTree’s earnings (losses) for the period ended March 31, 2018 are recorded through this date.