Description of problem:
The cloud-init shows the network interfaces as down, however it
displays routing information.

Version-Release number of selected component (if applicable):
cloud-init-0.7.2-7.fc20

How reproducible:
always

Steps to Reproduce:
1. boot the f20 cloud x86_64 cloud image.
Fedora-x86_64-20-20131211.1-sda.qcow2 or 
Fedora-x86_64-20-20140407-sda.qcow2.
2. check the serial console output.

Actual results:
[    6.371364] cloud-init[568]: Cloud-init v. 0.7.2 running 'init' at Tue, 17 Jun 2014 10:17:18 +0000. Up 6.29 seconds.
[    6.422729] cloud-init[568]: ci-info: ++++++++++++++++Net device info+++++++++++++++++
[    6.425841] cloud-init[568]: ci-info: +--------+-------+---------+------+------------+
[    6.428925] cloud-init[568]: ci-info: | Device |   Up  | Address | Mask | Hw-Address |
[    6.432755] cloud-init[568]: ci-info: +--------+-------+---------+------+------------+
[    6.435958] cloud-init[568]: ci-info: |  lo:   | False |    .    |  .   |     .      |
[    6.439063] cloud-init[568]: ci-info: | eth0:  | False |    .    |  .   |     .      |
[    6.442094] cloud-init[568]: ci-info: +--------+-------+---------+------+------------+
[    6.445166] cloud-init[568]: ci-info: +++++++++++++++++++++++++++++++Route info++++++++++++++++++++++++++++++++
[    6.449130] cloud-init[568]: ci-info: +-------+-------------+-------------+---------------+-----------+-------+
[    6.452770] cloud-init[568]: ci-info: | Route | Destination |   Gateway   |    Genmask    | Interface | Flags |
[    6.456263] cloud-init[568]: ci-info: +-------+-------------+-------------+---------------+-----------+-------+
[    6.459739] cloud-init[568]: ci-info: |   0   |   0.0.0.0   | 172.16.32.1 |    0.0.0.0    |    eth0   |   UG  |
[    6.463584] cloud-init[568]: ci-info: |   1   | 172.16.32.0 |   0.0.0.0   | 255.255.252.0 |    eth0   |   U   |
[    6.467342] cloud-init[568]: ci-info: +-------+-------------+-------------+---------------+-----------+-------+

Expected results:

The network interfaces addresses are visible.

Additional info: