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Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v2.4.0.8
Investments In Affiliates Accounted For Using The Equity Method (Tables)
9 Months Ended
Sep. 30, 2013
Investments In Affiliates Accounted For Using The Equity Method Ìý
Schedule Of Equity Ownership And Carrying Amount
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 SeptemberÌý30, 2013 and the carrying amount at DecemberÌý31, 2012:
Ìý
SeptemberÌý30, 2013
Ìý
DecemberÌý31, 2012
Ìý
Percentage
ownership
Ìý
Fair value (Level 1)
Ìý
Carrying
amount
Ìý
Carrying
amount
Ìý
Ìý
Ìý
dollars in millions
Interactive Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýHSN, Inc.
38
%
Ìý
$
1,073

Ìý
$
283

Ìý
242

ÌýÌýÌýÌýOther
various

Ìý
NA

Ìý
52

Ìý
62

ÌýÌýÌýÌýÌýÌýÌýÌýTotal Interactive Group
Ìý
Ìý
Ìý
Ìý
335

Ìý
304

Ventures Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýExpedia, Inc. (1)
17
%
Ìý
1,196

Ìý
465

Ìý
431

ÌýÌýÌýÌýOther (2)
various

Ìý
NA

Ìý
425

Ìý
116

ÌýÌýÌýÌýÌýÌýÌýÌýTotal Ventures Group
Ìý
Ìý
Ìý
Ìý
890

Ìý
547

Consolidated Liberty
Ìý

Ìý
Ìý

Ìý
$
1,225

Ìý
851

(1)
Liberty's 22% owned consolidated subsidiary TripAdvisor, Inc. earned revenue of approximately $56 million and $171 million for the three and nine months ended September 30, 2013, respectively, and $57 million and $164 million for the three and nine months ended September 30, 2012, respectively, from Expedia, Inc. (TripAdvisor's former parent).
Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates
The following table presents Liberty's share of earnings (losses) of affiliates:
Ìý
Three months ended September 30,
Ìý
Nine months ended September 30,
Ìý
2013
Ìý
2012
Ìý
2013
Ìý
2012
Ìý
amounts in millions
Interactive Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýHSN, Inc.
$
15

Ìý
10

Ìý
46

Ìý
34

ÌýÌýÌýÌýOther
(2
)
Ìý
(4
)
Ìý
(13
)
Ìý
(8
)
ÌýÌýÌýÌýÌýÌýÌýÌýTotal Interactive Group
13

Ìý
6

Ìý
33

Ìý
26

Ventures Group
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
ÌýÌýÌýÌýExpedia, Inc.
27

Ìý
41

Ìý
17

Ìý
65

ÌýÌýÌýÌýTripAdvisor, Inc. (1)
NA

Ìý
10

Ìý
NA

Ìý
33

ÌýÌýÌýÌýOther
(11
)
Ìý
(14
)
Ìý
(25
)
Ìý
(35
)
ÌýÌýÌýÌýÌýÌýÌýÌýTotal Ventures Group
16

Ìý
37

Ìý
(8
)
Ìý
63

Consolidated Liberty
$
29

Ìý
43

Ìý
25

Ìý
89

(1)
On December 11, 2012, we acquired approximately 4.8 million additional shares of common stock of TripAdvisor (an additional 4% equity ownership interest), for $300 million, and obtained voting control of TripAdvisor. Following the date of this transaction, TripAdvisor is accounted for as a consolidated subsidiary. See note 1 for additional details of this transaction.