Trending Schedules

Download 2014 Trending Schedules

NOTE: These materials are dated as of the date originally issued and may now be out of date.

The trending schedules summarize financial information to facilitate your review and understanding of the Company's operating results. Regulation G adopted by the Securities and Exchange Commission sets forth rules regarding the disclosure of non-GAAP financial measures, as defined in that Regulation. The Company uses non-GAAP financial measures to evaluate the performance of its businesses, and the trending schedules disclose these non-GAAP financial measures in accordance with the requirements of the Regulation.

2014 Trending Schedules (posted April 30, 2014)

A summary of the contents of the 2014 Trending Schedules is as follows:

SCHEDULE 1 - Business Segment Results & Consolidated Statement of Operations

Presents business segment Revenues and Operating Income by quarter and year. In addition, the schedule presents the Company's results in a summary statement of operations format by quarter and year.

SCHEDULE 2 - Revenues

Presents business segment Revenues by source by quarter and year.

SCHEDULE 3 - Reconciliation of Adjusted Operating Income (Loss) to Operating Income (Loss) and Reconciliation of Adjusted Operating Income Margin to Operating Income Margin

Presents reconciliations of business segment Adjusted Operating Income (Loss) to Operating Income (Loss) and Adjusted Operating Income margin to Operating Income margin by quarter and year.

SCHEDULE 4 - Summary of Items Affecting Comparability, Reconciliation of Adjusted Income From Continuing Operations Attributable to Time Warner Inc. Common Shareholders to Income From Continuing Operations Attributable to Time Warner Inc. Common Shareholders and Reconciliation of Adjusted EPS to Diluted Income per Common Share From Continuing Operations Attributable to Time Warner Inc. Common Shareholders

Presents a quarterly and annual summary of items affecting comparability, a reconciliation of Adjusted Income from Continuing Operations attributable to Time Warner Inc. common shareholders to Income from Continuing Operations attributable to Time Warner Inc. common shareholders and a reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations attributable to Time Warner Inc. common shareholders.

SCHEDULE 5 - Restructuring and Severance Costs & Reconciliation of Adjusted Operating Income (Loss) to Adjusted Operating Income (Loss) Before Depreciation and Amortization

Presents business segment restructuring and severance costs by quarter and year and reconciliations of business segment Adjusted Operating Income (Loss) to Adjusted Operating Income (Loss) Before Depreciation and Amortization by quarter and year.

SCHEDULE 6 - Reconciliation of Cash Provided by Operations from Continuing Operations to Free Cash Flow and Reconciliations of Net Debt and Leverage Ratio

Presents a reconciliation of Cash Provided by Operations from Continuing Operations to Free Cash Flow by quarter and year. In addition, the schedule presents a reconciliation of Net Debt to Total Debt by quarter and year and a reconciliation of the Leverage Ratio for the quarters ended June 30, 2013, September 30, 2013, December 31, 2013 and March 31, 2014, and the year ended December 31, 2013.

SCHEDULE 7 - Reconciliation of Return on Invested Capital

Presents a reconciliation of Return on Invested Capital and Return on Invested Capital excluding purchase price adjustments by segment and for Time Warner and Time Warner excluding Time Inc. for the years ended December 31, 2012 and December 31, 2013.

SCHEDULE 8 - Reconciliation of Time Warner Excluding Time Inc. Adjusted Operating Income (Loss) to Time Warner Operating Income (Loss)

Presents a reconciliation of Adjusted Operating Income (Loss) for Time Warner's businesses (excluding Time Inc.) and Corporate to Operating Income (Loss) for Time Warner by quarter and year for 2012, 2013 and 2014.

SCHEDULE 9 - Reconciliation of Time Warner Excluding Time Inc. Free Cash Flow to Time Warner Free Cash Flow

Presents a reconciliation of Free Cash Flow for Time Warner's businesses (excluding Time Inc.) and Corporate to Free Cash Flow for Time Warner by quarter and year for 2012, 2013 and 2014.

SCHEDULE 10 – 2014 Quarterly Consolidated Statement of Operations, Reconciliation of Adjusted Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders to Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders and Reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations Attributable to Time Warner Inc. Common Shareholders – Time Inc. Only and Time Warner Excluding Time Inc.

Presents the results of (i) Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. in a summary statement of operations format by quarter. In addition, presents a reconciliation of Adjusted Income from Continuing Operations attributable to Time Warner Inc. common shareholders to Income from Continuing Operations attributable to Time Warner Inc. common shareholders and a reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations attributable to (i) Time Warner Inc. common shareholders for Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. for the quarter ended March 31, 2014.

SCHEDULE 11 – 2013 Quarterly and Full Year Consolidated Statement of Operations, Reconciliation of Adjusted Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders to Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders and Reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations Attributable to Time Warner Inc. Common Shareholders – Time Inc. Only and Time Warner Excluding Time Inc.

Presents the results of (i) Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. in a summary statement of operations format by quarter and year. In addition, presents a reconciliation of Adjusted Income from Continuing Operations attributable to Time Warner Inc. common shareholders to Income from Continuing Operations attributable to Time Warner Inc. common shareholders and a reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations attributable to Time Warner Inc. common shareholders for (i) Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. for the quarters ended March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013, and the year ended December 31, 2013.

SCHEDULE 12 – 2012 Quarterly and Full Year Consolidated Statement of Operations, Reconciliation of Adjusted Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders to Income from Continuing Operations Attributable to Time Warner Inc. Common Shareholders and Reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations Attributable to Time Warner Inc. Common Shareholders – Time Inc. Only and Time Warner Excluding Time Inc.

Presents the results of (i) Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. in a summary statement of operations format by quarter and year. In addition, presents a reconciliation of Adjusted Income from Continuing Operations attributable to Time Warner Inc. common shareholders to Income from Continuing Operations attributable to Time Warner Inc. common shareholders and a reconciliation of Adjusted EPS to Diluted Income per Common Share from Continuing Operations attributable to Time Warner Inc. common shareholders for (i) Time Warner's businesses (excluding Time Inc.) and Corporate and (ii) Time Inc. for the quarters ended March 31, 2012, June 30, 2012, September 30, 2012, December 31, 2012 and the year ended December 31, 2012.

SCHEDULE 13 - Reconciliation of Guidance (Excluding Time Inc.)

Presents a reconciliation of 2014 guidance for Time Warner's businesses (excluding Time Inc.).