AT&T INC. - FORM 8-K - EX-99.2 - July 23, 2020

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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

 

 

Second Quarter

 

 

June 30, 2020

 

 

June 30, 2019

 

 

Mobility

 

Business Wireline

 

Adjustments1

 

Business Solutions

 

 

Mobility

 

Business Wireline

 

Adjustments1

 

Business Solutions

Operating Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Wireless service

$

13,669

$

-

$

(11,785)

$

1,884

 

$

13,824

$

-

$

(11,943)

$

1,881

  Strategic and managed services

 

-

 

3,943

 

-

 

3,943

 

 

-

 

3,834

 

-

 

3,834

  Legacy voice and data services

 

-

 

2,067

 

-

 

2,067

 

 

-

 

2,324

 

-

 

2,324

  Other services and equipment

 

-

 

364

 

-

 

364

 

 

-

 

449

 

-

 

449

  Wireless equipment

 

3,480

 

-

 

(2,895)

 

585

 

 

3,468

 

-

 

(2,851)

 

617

Total Operating Revenues

 

17,149

 

6,374

 

(14,680)

 

8,843

 

 

17,292

 

6,607

 

(14,794)

 

9,105

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Operations and support

 

9,332

 

3,779

 

(7,687)

 

5,424

 

 

9,522

 

3,975

 

(7,985)

 

5,512

EBITDA

 

7,817

 

2,595

 

(6,993)

 

3,419

 

 

7,770

 

2,632

 

(6,809)

 

3,593

  Depreciation and amortization

 

2,012

 

1,318

 

(1,693)

 

1,637

 

 

2,003

 

1,242

 

(1,700)

 

1,545

Total Operating Expenses

 

11,344

 

5,097

 

(9,380)

 

7,061

 

 

11,525

 

5,217

 

(9,685)

 

7,057

Operating Income

 

5,805

 

1,277

 

(5,300)

 

1,782

 

 

5,767

 

1,390

 

(5,109)

 

2,048

Equity in Net Income (Loss) of Affiliates

 

-

 

-

 

-

 

-

 

 

-

 

-

 

-

 

-

Operating Contribution

$

5,805

$

1,277

$

(5,300)

$

1,782

 

$

5,767

$

1,390

$

(5,109)

$

2,048

1 Non-business wireless reported in the Communication segment under the Mobility business unit.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Operational Measure

 

 

Six-Month Period

 

 

June 30, 2020

 

 

June 30, 2019

 

 

Mobility

 

Business Wireline

 

Adjustments1

 

Business Solutions

 

 

Mobility

 

Business Wireline

 

Adjustments1

 

Business Solutions

Operating Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Wireless service

$

27,637

$

-

$

(23,804)

$

3,833

 

$

27,453

$

-

$

(23,795)

$

3,658

  Strategic and managed services

 

-

 

7,822

 

-

 

7,822

 

 

-

 

7,613

 

-

 

7,613

  Legacy voice and data services

 

-

 

4,196

 

-

 

4,196

 

 

-

 

4,721

 

-

 

4,721

  Other services and equipment

 

-

 

688

 

-

 

688

 

 

-

 

751

 

-

 

751

  Wireless equipment

 

6,914

 

-

 

(5,619)

 

1,295

 

 

7,202

 

-

 

(5,995)

 

1,207

Total Operating Revenues

 

34,551

 

12,706

 

(29,423)

 

17,834

 

 

34,655

 

13,085

 

(29,790)

 

17,950

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Operations and support

 

18,901

 

7,730

 

(15,497)

 

11,134

 

 

19,563

 

8,007

 

(16,444)

 

11,126

EBITDA

 

15,650

 

4,976

 

(13,926)

 

6,700

 

 

15,092

 

5,078

 

(13,346)

 

6,824

  Depreciation and amortization

 

4,057

 

2,619

 

(3,414)

 

3,262

 

 

4,016

 

2,464

 

(3,410)

 

3,070

Total Operating Expenses

 

22,958

 

10,349

 

(18,911)

 

14,396

 

 

23,579

 

10,471

 

(19,854)

 

14,196

Operating Income

 

11,593

 

2,357

 

(10,512)

 

3,438

 

 

11,076

 

2,614

 

(9,936)

 

3,754

Equity in Net Income (Loss) of Affiliates

 

-

 

-

 

-

 

-

 

 

-

 

-

 

-

 

-

Operating Contribution

$

11,593

$

2,357

$

(10,512)

$

3,438

 

$

11,076

$

2,614

$

(9,936)

$

3,754

1 Non-business wireless reported in the Communication segment under the Mobility business unit.

  Results have been recast to conform to the current period's classification.

 

 

 

 

 

 

 

 

 

 


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