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Exhibit 1A AT&T Income Statements Operating Results ($ millions): Total Operating Revenue Less: Cost of Services (Excluding Depreciation) Less: Selling, General & Administrative Less: Impairment
Exhibit 1A AT&T Income Statements Operating Results ($ millions): Total Operating Revenue Less: Cost of Services (Excluding Depreciation) Less: Selling, General & Administrative Less: Impairment & Other Charges EBITDA Less: Depreciation & Amortization EBIT Less: Interest Expense Plus: Equity in Net Income of Affiliates Plus: Other Income (a) EBT Less: Taxes Net Income Less: Income Attributable to Minority Interest Net Income Attributable to AT&T Shareholders 2010 124,280 52,379 32,864 85 38,952 19379 19,573 2,994 762 1.676 19,017 (1,162) 20,179 315 19,864 2011 126,723 57,374 38,844 2.910 27,595 18,377 9,218 3,535 784 249 6,716 2,532 4,184 240 3,944 2012 127,434 55,228 41,066 0 31,140 18143 12,997 3,444 752 134 10,439 2.900 7,539 275 7,264 2013 128,752 51,464 28,414 0 48,874 18,395 30,479 3,940 642 596 27,777 9,224 18,553 304 18,249 2014 132,447 60,611 39,697 2,120 30,019 18,273 11,746 3,613 175 1,652 9,960 3,442 6,518 294 6,224 Free Cash Flow ($ millions): EBIAT Less: Change in Working Capital Less: Change in Long-Term Assets Less: Change in Investments in Affiliates Less: Change in Goodwill FCF 11,744 (1,566) 5,412 1,594 765 5,539 5,531 1,439 (1,080) (797) (2,987) 8,956 7,798 (2,559) 2,152 863 (1,249) 8,591 18,287 1,256 4,982 (721) 247 12,523 7,048 1,247 6,210 (3,610) 779 2,422 2. Performance evaluation Based on the performance measurements computed for AT&T, evaluate AT&T's financial profile. At the bottom of your worksheet, type your brief answers for the following: what highlights the operating and financial performance of AT&T? You may refer to the margin analysis, net working capital, Dupont analysis, etc, as estimated in your model. what are the contributions of wireline and wireless division to overall performance of AT & T? What are the driving forces of each division's performance
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