An audio encoder encodes a combined channel (e.g., a sum channel) for a group of plural physical audio channels. The encoder determines plural parameters for representing individual physical channels of the group as modified versions of the encoded combined channel. The plural parameters comprise ratios of power in each individual channel to power in the combined channel (e.g., a ratio of the power of a right channel to the power of the combined channel, and a ratio of the power of the left channel to the power of the combined channel). The plural parameters can include a complex parameter. The combined channel and the plural parameters facilitate reconstruction at the audio decoder of source channels. An audio decoder performs a forward complex transform on the multi-channel audio data and reconstructs plural channels from the multi-channel audio data. The decoder can maintain second-order statistics for the source channels.