01—Abstract
Summary
Summary of the 8-K filed October 3, 2008. Cited figures are marked; the original filing is the authoritative source.
Comcast Corporation (CMCSA) filed an 8-K on October 3, 2008, to report the submission of XBRL-formatted financial data.
This filing primarily consists of unaudited condensed consolidated financial statements (Balance Sheet, Statement of Operations, and Statement of Cash Flows) for periods ending June 30, 2008, and comparative periods. The purpose of this submission was to test the XBRL format and technology.
Comcast explicitly cautioned investors that this XBRL data is unaudited and not the official public filing. Investors are strongly advised to rely on the official, audited financial statements previously filed in their 10-Q for investment decisions.
02—Key points
Key Highlights
- Filing Purpose: Submission of XBRL-formatted financial statements for testing purposes, not as official filings.
- Financial Data Included: Unaudited Condensed Consolidated Balance Sheet (June 30, 2008 & Dec 31, 2007), Statement of Operations (Q2 & YTD 2008 & 2007), and Statement of Cash Flows (YTD 2008 & 2007).
- Source Document: Financial data is derived from Comcast's Form 10-Q for the three and six months ended June 30, 2008, filed July 30, 2008.
- XBRL Disclaimer: Data is explicitly stated as unaudited and not the official public financial statements.
- Investor Caution: Investors are advised not to rely on the information in this 8-K (including Exhibit 100) for investment decisions.
- Legal Status: Information furnished in this 8-K is not deemed 'filed' under Section 18 of the Exchange Act and does not carry Section 18 liability.
- Key Personnel: Signed by Lawrence J. Salva, Senior Vice President, Chief Accounting Officer and Controller.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing by Comcast?
The main purpose of this 8-K filing is to submit financial statements from Comcast's previous 10-Q filing in XBRL format. This is for testing purposes related to the XBRL format and technology, not to provide new or updated official financial information.
Are the financial statements in this filing official and audited?
No, the financial statements provided in this 8-K (Exhibit 100) are explicitly stated as unaudited. Comcast advises investors to rely on the official, previously filed versions of their financial statements, such as those found in their Form 10-Q, for investment decisions.
What specific financial information is included in this filing?
This filing includes unaudited XBRL-formatted versions of Comcast's Condensed Consolidated Balance Sheet as of June 30, 2008, and December 31, 2007. It also includes the Condensed Consolidated Statement of Operations for the three and six months ended June 30, 2008 and 2007, and the Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2008 and 2007.
Should investors use the financial data in this 8-K for making investment decisions?
No, investors are strongly advised against using the financial information presented in this 8-K filing for making investment decisions. The filing explicitly states that the XBRL data is unaudited and not the official public financial statements, and investors should continue to rely on the officially filed documents.
04—Continue