Attached files
| file | filename |
|---|---|
| EX-99.1 - AT&T, INC. SELECTED FINANCIAL STATEMENTS AND OPERATING DATA - AT&T INC. | ex99_1.htm |
| 8-K - AT&T, INC. 2ND QTR 2012 EARNINGS RELEASE 8-K - AT&T INC. | q2earnings801_8k.htm |
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Updated Reconciliation of Consolidated Operating Income excluding Advertising Solutions Segment
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AT&T Inc.
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Dollars in millions
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Three Months Ended
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Unaudited
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6/30/10
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9/30/10
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12/31/10
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3/31/11
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6/30/11
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9/30/11
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12/31/11
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3/31/12
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6/30/12
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Operating Revenues - reported
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$ | 30,808 | $ | 31,581 | $ | 31,361 | $ | 31,247 | $ | 31,495 | $ | 31,478 | $ | 32,503 | $ | 31,822 | $ | 31,575 | |||||||||
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less: Advertising Solutions
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1,007 | 961 | 926 | 868 | 841 | 803 | 781 | 744 | 305 | ||||||||||||||||||
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Operating Revenues - without Ad Solutions
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29,801 | 30,620 | 30,435 | 30,379 | 30,654 | 30,675 | 31,722 | 31,078 | 31,270 | ||||||||||||||||||
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Year-over-year growth - reported
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2.2 | % | -0.3 | % | 3.6 | % | 1.8 | % | 0.3 | % | |||||||||||||||||
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Year-over-year growth - without Ad Solutions
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2.9 | % | 0.2 | % | 4.2 | % | 2.3 | % | 2.0 | % | |||||||||||||||||
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Operating Expenses
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Cost of services and sales (exclusive of depreciation and
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amortization shown separately below) - reported
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11,960 | 13,016 | 13,766 | 12,813 | 12,756 | 12,656 | 16,950 | 12,913 | 12,369 | ||||||||||||||||||
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less: Advertising Solutions
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376 | 359 | 319 | 344 | 322 | 276 | 289 | 314 | 130 | ||||||||||||||||||
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Cost of services and sales (exclusive of depreciation and
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amortization shown separately below) - without Ad Solutions
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11,584 | 12,657 | 13,447 | 12,469 | 12,434 | 12,380 | 16,661 | 12,599 | 12,239 | ||||||||||||||||||
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Selling, general and administrative - reported
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7,946 | 8,261 | 10,515 | 8,042 | 7,972 | 7,969 | 17,060 | 8,248 | 7,890 | ||||||||||||||||||
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less: Advertising Solutions
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286 | 271 | 308 | 228 | 259 | 278 | 269 | 233 | 96 | ||||||||||||||||||
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Selling, general and administrative - without Ad Solutions
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7,660 | 7,990 | 10,207 | 7,814 | 7,713 | 7,691 | 16,791 | 8,015 | 7,794 | ||||||||||||||||||
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Impairment of intangible assets - reported
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- | - | 85 | - | - | - | 2,910 | - | - | ||||||||||||||||||
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less: Advertising Solutions
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- | - | - | - | - | - | 2,910 | - | - | ||||||||||||||||||
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Impairment of intangible assets - without Ad Solutions
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- | - | 85 | - | - | - | - | - | - | ||||||||||||||||||
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Depreciation and amortization - reported
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4,819 | 4,873 | 4,907 | 4,584 | 4,602 | 4,618 | 4,573 | 4,560 | 4,499 | ||||||||||||||||||
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less: Advertising Solutions
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132 | 124 | 103 | 106 | 101 | 94 | 85 | 77 | 29 | ||||||||||||||||||
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Depreciation and amortization - without Ad Solutions
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4,687 | 4,749 | 4,804 | 4,478 | 4,501 | 4,524 | 4,488 | 4,483 | 4,470 | ||||||||||||||||||
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Total Operating Expenses - reported
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24,725 | 26,150 | 29,273 | 25,439 | 25,330 | 25,243 | 41,493 | 25,721 | 24,758 | ||||||||||||||||||
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less: Advertising Solutions
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794 | 754 | 730 | 678 | 682 | 648 | 3,553 | 624 | 255 | ||||||||||||||||||
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Total Operating Expenses - without Ad Solutions
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23,931 | 25,396 | 28,543 | 24,761 | 24,648 | 24,595 | 37,940 | 25,097 | 24,503 | ||||||||||||||||||
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Operating Income (Loss) - reported
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$ | 6,083 | $ | 5,431 | $ | 2,088 | $ | 5,808 | $ | 6,165 | $ | 6,235 | $ | (8,990 | ) | $ | 6,101 | $ | 6,817 | ||||||||
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less: Advertising Solutions
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213 | 207 | 196 | 190 | 159 | 155 | (2,772 | ) | 120 | 50 | |||||||||||||||||
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Operating Income (Loss) - without Ad Solutions
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5,870 | 5,224 | 1,892 | 5,618 | 6,006 | 6,080 | (6,218 | ) | 5,981 | 6,767 | |||||||||||||||||
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Operating Income margin - reported
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19.7 | % | 17.2 | % | 6.7 | % | 18.6 | % | 19.6 | % | 19.8 | % | -27.7 | % | 19.2 | % | 21.6 | % | |||||||||
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Operating Income margin - without Ad Solutions
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19.7 | % | 17.1 | % | 6.2 | % | 18.5 | % | 19.6 | % | 19.8 | % | -19.6 | % | 19.2 | % | 21.6 | % | |||||||||
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Advertising Solutions Segment - as previously reported
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Three Months Ended
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6/30/10
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9/30/10
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12/31/10
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3/31/11
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6/30/11
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9/30/11
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12/31/11
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3/31/12
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6/30/12
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Segment Operating Revenues
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$ | 1,007 | $ | 961 | $ | 926 | $ | 868 | $ | 841 | $ | 803 | $ | 781 | $ | 744 | $ | 305 | |||||||||
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Segment Operating Expenses
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Operations and Support
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662 | 630 | 627 | 572 | 581 | 554 | 558 | 547 | 226 | ||||||||||||||||||
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Impairment of Intangible Assets
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- | - | - | - | - | - | 2,910 | - | - | ||||||||||||||||||
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Depreciation and amortization
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132 | 124 | 103 | 106 | 101 | 94 | 85 | 77 | 29 | ||||||||||||||||||
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Total Segment Operating Expenses
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794 | 754 | 730 | 678 | 682 | 648 | 3,553 | 624 | 255 | ||||||||||||||||||
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Segment Income
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$ | 213 | $ | 207 | $ | 196 | $ | 190 | $ | 159 | $ | 155 | $ | (2,772 | ) | $ | 120 | $ | 50 | ||||||||
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Segment Income Margin
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21.2 | % | 21.5 | % | 21.2 | % | 21.9 | % | 18.9 | % | 19.3 | % | - | 16.1 | % | 16.4 | % | ||||||||||