Harbinger Group Inc.
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SEC Filings

10-K
HRG GROUP, INC. filed this Form 10-K on 11/23/2016
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Schedule II
(continued)
FS HOLDCO II LTD. (Parent Only)
CONDENSED STATEMENTS OF OPERATIONS
(In millions)
 
 
 
Fiscal
 
 
2016
 
2015
 
2014
Revenues
 
$
—

 
$
—

 
$
—

Cost of revenues
 
—

 
—

 
—

 
 
—

 
—

 
—

Operating expenses:
 
 
 
 
 
 
General and administrative expenses
 
—

 
0.1

 
0.3

Total operating expenses
 
—

 
0.1

 
0.3

Operating loss
 
—

 
(0.1
)
 
(0.3
)
Other income:
 
 
 
 
 
 
Equity in net income (loss) of subsidiaries (a)
 
118.7

 
(52.4
)
 
173.2

Write-down of assets of business held for sale to fair value less cost to sell
 
(362.8
)
 
—

 
—

(Loss) income before income taxes
 
(244.1
)
 
(52.5
)
 
172.9

Income tax expense
 
219.0

 
1.4

 
0.4

Net loss (income)
 
$
(463.1
)
 
$
(53.9
)
 
$
172.5

(a) Includes $(284.1), $124.0, and $142.1 for Fiscal 2016, 2015 and 2014, respectively, related to the Company’s investments in FGL, which was classified as discontinued operations.
(b) Includes income tax expense of $198.7 for Fiscal 2016 related to classifying the Company’s ownership interest in FGL as held for sale

See accompanying Independent Auditors’ Report.


S-99
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