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Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method

v2.4.0.8
Investments In Affiliates Accounted For Using The Equity Method
6 Months Ended
Jun. 30, 2014
Investments In Affiliates Accounted For Using The Equity Method Ìý
Investments In Affiliates Accounted For Using The Equity Method
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 JuneÌý30, 2014 and the carrying amount at DecemberÌý31, 2013:
Ìý
JuneÌý30, 2014
Ìý
DecemberÌý31, 2013
Ìý
Percentage
ownership
Ìý
Fair value (Level 1)
Ìý
Carrying
amount
Ìý
Carrying
amount
Ìý
Ìý
Ìý
dollar amounts in millions
Interactive Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýHSN, Inc.
38
%
Ìý
$
1,186

Ìý
$
313

Ìý
293

ÌýÌýÌýÌýOther
various

Ìý
NA

Ìý
50

Ìý
50

ÌýÌýÌýÌýÌýÌýÌýÌýTotal Interactive Group
Ìý
Ìý
Ìý
Ìý
363

Ìý
343

Ventures Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýExpedia, Inc. (a)
18
%
Ìý
$
1,818

Ìý
476

Ìý
477

ÌýÌýÌýÌýOther
various

Ìý
NA

Ìý
397

Ìý
417

ÌýÌýÌýÌýÌýÌýÌýÌýTotal Ventures Group
Ìý
Ìý
Ìý
Ìý
873

Ìý
894

Consolidated Liberty
Ìý

Ìý
Ìý

Ìý
$
1,236

Ìý
1,237

The following table presents Liberty's share of earnings (losses) of affiliates:
Ìý
Three months ended June 30,
Ìý
Six months ended June 30,
Ìý
2014
Ìý
2013
Ìý
2014
Ìý
2013
Ìý
amounts in millions
Interactive Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýHSN, Inc.
$
9

Ìý
11

Ìý
31

Ìý
31

ÌýÌýÌýÌýOther
(2
)
Ìý
(7
)
Ìý
(3
)
Ìý
(11
)
ÌýÌýÌýÌýÌýÌýÌýÌýTotal Interactive Group
7

Ìý
4

Ìý
28

Ìý
20

Ventures Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýExpedia, Inc. (a)
10

Ìý
10

Ìý
4

Ìý
(10
)
ÌýÌýÌýÌýOther
(13
)
Ìý
(7
)
Ìý
(30
)
Ìý
(14
)
ÌýÌýÌýÌýÌýÌýÌýÌýTotal Ventures Group
(3
)
Ìý
3

Ìý
(26
)
Ìý
(24
)
Consolidated Liberty
$
4

Ìý
7

Ìý
2

Ìý
(4
)


(a) TripAdvisor, a consolidated subsidiary through Liberty's voting interest and board representation, earned revenue of approximately $60 million and $125 million for the three and six months ended June 30, 2014, respectively, and $54 million and $115 million for the three and six months ended June 30, 2013, respectively, from Expedia, Inc.