Attached files
| file | filename |
|---|---|
| 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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|||||||||||||||||
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Three Months Ended
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|||||||||||||||||
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December 31, 2018
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December 31, 2017
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||||||||||||||||
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Mobility
|
Business Wireline
|
Adjustments1
|
Business Solutions
|
Mobility
|
Business Wireline
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Adjustments1
|
Business Solutions
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||||||||||
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Operating Revenues
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|||||||||||||||||
|
Wireless service
|
$
|
13,859
|
$
|
-
|
$
|
(11,959)
|
$
|
1,900
|
$
|
14,282
|
$
|
-
|
$
|
(12,303)
|
$
|
1,979
|
|
|
Strategic services
|
-
|
3,142
|
-
|
3,142
|
-
|
3,070
|
-
|
3,070
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|||||||||
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Legacy voice and data services
|
-
|
2,521
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-
|
2,521
|
-
|
3,251
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-
|
3,251
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|||||||||
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Other services and equipment
|
-
|
1,064
|
-
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1,064
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-
|
1,061
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-
|
1,061
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|||||||||
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Wireless equipment
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4,910
|
-
|
(4,130)
|
780
|
4,886
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-
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(4,322)
|
564
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|||||||||
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Total Operating Revenues
|
18,769
|
6,727
|
(16,089)
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9,407
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19,168
|
7,382
|
(16,625)
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9,925
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|||||||||
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Operations and support
|
11,246
|
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
|
(11,103)
|
6,349
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|||||||||
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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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|||||||||
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Depreciation and amortization
|
2,068
|
1,207
|
(1,768)
|
1,507
|
2,027
|
1,206
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(1,741)
|
1,492
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|||||||||
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Total Operating Expenses
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13,314
|
5,368
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(11,264)
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7,418
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14,893
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5,792
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(12,844)
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7,841
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|||||||||
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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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|||||||||
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Equity in net Income of Affiliates
|
-
|
-
|
-
|
-
|
-
|
(2)
|
1
|
(1)
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|||||||||
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Contribution
|
$
|
5,455
|
$
|
1,359
|
$
|
(4,825)
|
$
|
1,989
|
$
|
4,275
|
$
|
1,588
|
$
|
(3,780)
|
$
|
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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|||||||||||||||||
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Year Ended
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|||||||||||||||||
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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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||||||||||
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Operating Revenues
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|||||||||||||||||
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Wireless service
|
$
|
54,933
|
$
|
-
|
$
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(47,536)
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$
|
7,397
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$
|
57,696
|
$
|
-
|
$
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(49,687)
|
$
|
8,009
|
|
|
Strategic services
|
-
|
12,310
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-
|
12,310
|
-
|
11,950
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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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-
|
10,697
|
-
|
13,565
|
-
|
13,565
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|||||||||
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Other services and equipment
|
-
|
3,820
|
-
|
3,820
|
-
|
3,778
|
-
|
3,778
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|||||||||
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Wireless equipment
|
16,411
|
-
|
(13,879)
|
2,532
|
13,394
|
-
|
(11,842)
|
1,552
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|||||||||
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Total Operating Revenues
|
71,344
|
26,827
|
(61,415)
|
36,756
|
71,090
|
29,293
|
(61,529)
|
38,854
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|||||||||
|
Operating Expenses
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|||||||||||||||||
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Operations and support
|
41,266
|
16,245
|
(34,792)
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22,719
|
42,871
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18,492
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(36,867)
|
24,496
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|||||||||
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EBITDA
|
30,078
|
10,582
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(26,623)
|
14,037
|
28,219
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10,801
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(24,662)
|
14,358
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|||||||||
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Depreciation and amortization
|
8,355
|
4,754
|
(7,158)
|
5,951
|
8,015
|
4,789
|
(6,903)
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5,901
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|||||||||
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Total Operating Expenses
|
49,621
|
20,999
|
(41,950)
|
28,670
|
50,886
|
23,281
|
(43,770)
|
30,397
|
|||||||||
|
Operating Income
|
21,723
|
5,828
|
(19,465)
|
8,086
|
20,204
|
6,012
|
(17,759)
|
8,457
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|||||||||
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Equity in net Income of Affiliates
|
(1)
|
(1)
|
1
|
(1)
|
-
|
(2)
|
1
|
(1)
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|||||||||
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Contribution
|
$
|
21,722
|
$
|
5,827
|
$
|
(19,464)
|
$
|
8,085
|
$
|
20,204
|
$
|
6,010
|
$
|
(17,758)
|
$
|
8,456
|
|
|
1 Non-business wireless reported in the Communication segment under the Mobility business unit.
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