Attached files
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8-K - AT&T 4TH QUARTER 2018 EARNINGS RELEASE - AT&T INC. | q4earnings8k_801.htm |
EX-99.1 - AT&T INC. 4TH QUARTER SELECTED FINANCIAL STATEMENTS AND OPERATING DATA - AT&T INC. | ex99_1.htm |
EXHIBIT 99.2
Discussion and Reconciliation of Non-GAAP Measures
Supplemental Operational Measures
We provide a supplemental discussion of our business solutions operations that is
calculated by combining our Mobility and Business Wireline operating units, and then adjusting to remove non-business operations. The following table presents a reconciliation of our supplemental Business Solutions results.
Supplemental Operational Measure
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|||||||||||||||||
Three Months Ended
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|||||||||||||||||
December 31, 2018
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December 31, 2017
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||||||||||||||||
Mobility
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Business Wireline
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Adjustments1
|
Business Solutions
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Mobility
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Business Wireline
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Adjustments1
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Business Solutions
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||||||||||
Operating Revenues
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|||||||||||||||||
Wireless service
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$
|
13,859
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$
|
-
|
$
|
(11,959)
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$
|
1,900
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$
|
14,282
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$
|
-
|
$
|
(12,303)
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$
|
1,979
|
|
Strategic services
|
-
|
3,142
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-
|
3,142
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-
|
3,070
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-
|
3,070
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|||||||||
Legacy voice and data services
|
-
|
2,521
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-
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2,521
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-
|
3,251
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-
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3,251
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|||||||||
Other services and equipment
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-
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1,064
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-
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1,064
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-
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1,061
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-
|
1,061
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|||||||||
Wireless equipment
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4,910
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-
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(4,130)
|
780
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4,886
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-
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(4,322)
|
564
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|||||||||
Total Operating Revenues
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18,769
|
6,727
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(16,089)
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9,407
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19,168
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7,382
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(16,625)
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9,925
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|||||||||
Operations and support
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11,246
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4,161
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(9,496)
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5,911
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12,866
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4,586
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(11,103)
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6,349
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|||||||||
EBITDA
|
7,523
|
2,566
|
(6,593)
|
3,496
|
6,302
|
2,796
|
(5,522)
|
3,576
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|||||||||
Depreciation and amortization
|
2,068
|
1,207
|
(1,768)
|
1,507
|
2,027
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1,206
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(1,741)
|
1,492
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|||||||||
Total Operating Expenses
|
13,314
|
5,368
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(11,264)
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7,418
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14,893
|
5,792
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(12,844)
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7,841
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|||||||||
Operating Income
|
5,455
|
1,359
|
(4,825)
|
1,989
|
4,275
|
1,590
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(3,781)
|
2,084
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|||||||||
Equity in net Income of Affiliates
|
-
|
-
|
-
|
-
|
-
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(2)
|
1
|
(1)
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|||||||||
Contribution
|
$
|
5,455
|
$
|
1,359
|
$
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(4,825)
|
$
|
1,989
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$
|
4,275
|
$
|
1,588
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$
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(3,780)
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$
|
2,083
|
|
1 Non-business wireless reported in the Communication segment under the Mobility business unit.
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|||||||||||||||||
Supplemental Operational Measure
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|||||||||||||||||
Year Ended
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|||||||||||||||||
December 31, 2018
|
December 31, 2017
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||||||||||||||||
Mobility
|
Business Wireline
|
Adjustments1
|
Business Solutions
|
Mobility
|
Business Wireline
|
Adjustments1
|
Business Solutions
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Operating Revenues
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|||||||||||||||||
Wireless service
|
$
|
54,933
|
$
|
-
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$
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(47,536)
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$
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7,397
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$
|
57,696
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$
|
-
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$
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(49,687)
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$
|
8,009
|
|
Strategic services
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-
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12,310
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-
|
12,310
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-
|
11,950
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-
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11,950
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|||||||||
Legacy voice and data services
|
-
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10,697
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-
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10,697
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-
|
13,565
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-
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13,565
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Other services and equipment
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-
|
3,820
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-
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3,820
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-
|
3,778
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-
|
3,778
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|||||||||
Wireless equipment
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16,411
|
-
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(13,879)
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2,532
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13,394
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-
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(11,842)
|
1,552
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|||||||||
Total Operating Revenues
|
71,344
|
26,827
|
(61,415)
|
36,756
|
71,090
|
29,293
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(61,529)
|
38,854
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|||||||||
Operating Expenses
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|||||||||||||||||
Operations and support
|
41,266
|
16,245
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(34,792)
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22,719
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42,871
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18,492
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(36,867)
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24,496
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|||||||||
EBITDA
|
30,078
|
10,582
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(26,623)
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14,037
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28,219
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10,801
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(24,662)
|
14,358
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|||||||||
Depreciation and amortization
|
8,355
|
4,754
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(7,158)
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5,951
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8,015
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4,789
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(6,903)
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5,901
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|||||||||
Total Operating Expenses
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49,621
|
20,999
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(41,950)
|
28,670
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50,886
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23,281
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(43,770)
|
30,397
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|||||||||
Operating Income
|
21,723
|
5,828
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(19,465)
|
8,086
|
20,204
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6,012
|
(17,759)
|
8,457
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|||||||||
Equity in net Income of Affiliates
|
(1)
|
(1)
|
1
|
(1)
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-
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(2)
|
1
|
(1)
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|||||||||
Contribution
|
$
|
21,722
|
$
|
5,827
|
$
|
(19,464)
|
$
|
8,085
|
$
|
20,204
|
$
|
6,010
|
$
|
(17,758)
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$
|
8,456
|
|
1 Non-business wireless reported in the Communication segment under the Mobility business unit.
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