Segment Data

The Company follows the accounting guidance which establishes standards for reporting information about operating segments in interim and annual financial statements. The Company’s reportable business segments are organized in a manner that reflects how HRG’s management views those business activities. Accordingly, the Company currently operates its business in four reporting segments: (i) Consumer Products, (ii) Insurance, (iii)Energy and (iv) Asset Management.

The following schedules present the Company’s segment information for the three and six months ended March 31, 2015 and 2014.



	Three months ended March 31,						Six months ended March 31,
	2015			2014			2015			2014
Revenues:
Consumer Products	$	1,067.0		$	1,021.7		$	2,134.8		$	2,122.3
Insurance	161.0			274.1			471.8			647.2
Energy	26.0			39.2			60.3			74.7
Asset Management	5.1			9.8			13.1			14.3
Intersegment elimination (a)	92.9			(3.6		)	89.4			(7.3		)
Consolidated segment revenues	1,352.0			1,341.2			2,769.4			2,851.2
Corporate and Other	19.5			—			40.5			—
Total revenues	$	1,371.5		$	1,341.2		$	2,809.9		$	2,851.2

Operating (loss) income:
Consumer Products	$	88.4		$	92.5		$	204.0		$	217.6
Insurance	(62.4		)	26.3			(37.2		)	111.6
Energy	(161.3		)	(71.8		)	(356.3		)	(65.8		)
Asset Management	(67.4		)	4.0			(68.5		)	0.1
Intersegment elimination (a)	53.3			(4.0		)	49.3			(7.7		)
Total segment operating (loss) income	(149.4		)	47.0			(208.7		)	255.8
Corporate and Other and eliminations	(24.6		)	(30.8		)	(148.3		)	(60.3		)
Consolidated operating (loss) income	(174.0		)	16.2			(357.0		)	195.5
Interest expense	(85.5		)	(77.2		)	(166.1		)	(161.2		)
Loss from the change in the fair value of the equity conversion feature of preferred stock	—			(3.5		)	—			(50.7		)
Gain on contingent purchase price reduction	5.5			—			5.5			0.5
Other income (expense), net	12.5			(4.6		)	186.5			(16.5		)
Loss from continuing operations before income taxes	$	(241.5	)	$	(69.1	)	$	(331.1	)	$	(32.4	)

(a) The Intersegment eliminations represent the reversal and reclassification of impairments recorded in our Insurance Segment, as well as normal intercompany transactions for the period. The Insurance segment eliminations include the reversal of intercompany asset impairments of $42.4, a reclassification of $40.0 of impairments resulting from the RadioShack bankruptcy from Net investment losses to Bad debt expense and the reversal of impairments of $24.8 already reflected in the Asset Management segment.



	Six months ended March 31,
Net change in cash due to operating activities	2015			2014
Consumer Products	$	(180.3	)	$	(156.7	)
Insurance	60.6			123.6
Energy	7.1			25.0
Asset Management	(12.4		)	5.2
Net change in cash due to segment operating activities	(125.0		)	(2.9		)
Net change in cash due to corporate and other operating activities, including intersegment eliminations	(149.4		)	(79.0		)
Consolidated change in cash due to operating activities	$	(274.4	)	$	(81.9	)