| Income Statement for AT&T Inc. (T) | | | | After Hours: $ 31.85 |  0.35 (+1.11%) | Volume: 139.13 k | 7:26 PM EDT Sep 5, 2008 | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 118,928 | 63,055 | 43,862 | 40,787 | 40,843 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (46,086) | (27,377) | (19,211) | (17,415) | (16,678) | | Gross Operating Profit | 72,842 | 35,678 | 24,651 | 23,372 | 24,165 | | | Selling/General/Admin Expense | (30,892) | (15,511) | (10,861) | (9,939) | (9,851) | | Research & Development | - | - | - | - | - | | EBITDA | 41,950 | 20,167 | 13,790 | 13,433 | 14,314 | | Depreciation & Amortization | (21,546) | (9,879) | (7,622) | (7,532) | (7,845) | | EBIT | 20,404 | 10,288 | 6,168 | 5,901 | 6,469 | | Interest Income | - | 377 | 383 | 492 | 603 | | Other Income, Net | 615 | 16 | 14 | 922 | 1,817 | | Total Income Avail For Interest Expense | 21,711 | 12,724 | 7,174 | 8,188 | 10,142 | | Interest Expense | (3,507) | (1,843) | (1,456) | (1,023) | (1,241) | | Pre-Tax Income | 18,204 | 10,881 | 5,718 | 7,165 | 8,901 | | Income Taxes | (6,253) | (3,525) | (932) | (2,186) | (2,930) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 11,951 | 7,356 | 4,786 | 4,979 | 5,971 | | Net Income from Discontinued Operations | - | - | - | 908 | - | | Net Income from Total Operations | 11,951 | 7,356 | 4,786 | 5,887 | 5,971 | | | Normalized Income | 11,951 | 7,356 | 4,786 | 4,979 | 5,971 | | Extraordinary Income | - | - | - | - | (7) | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | 2,541 | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 11,951 | 7,356 | 4,786 | 5,887 | 8,505 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.42 | 1.33 | 1.29 | 1.25 | 1.37 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.95 | 1.89 | 1.42 | 1.50 | 1.80 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.28 | 0.00 | | Basic EPS from Total Operations | 1.95 | 1.89 | 1.42 | 1.78 | 1.80 | | | Diluted EPS from Continuing Operations | 1.94 | 1.89 | 1.42 | 1.50 | 1.80 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | | Diluted EPS from Total Operations | 1.94 | 1.89 | 1.42 | 1.77 | 1.80 | | | |
