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Read this: Channel 4 reports £44m profit for 2011 - Media -

Summary: The company's annual report showed that the flagship public service channel ran up a 41.9m deficit, compared to 6.5m the year before, but the loss was eliminated by income generated elsewhere. Channel 4 ended the year with an increased bank balance of 292m. David Abraham, the chief executive, said that the broadcaster would start running down its cash pile to closer to 200m and indicated that the channel did not expect to break even in 2012. - link

Channel 4 reports £44m profit for 201…

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