AT&T Wireless 2007 Annual Report Download - page 55
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2007 AT&T Annual Report
| 532007 AT&T Annual Report
| 53
Consolidated Statements of Income
Dollars in millions except per share amounts
2007 2006 2005
Operating Revenues
Voice $ 40,798 $33,714 $24,180
Data 23,206 18,317 10,783
Wireless service 38,568 223 35
Directory 4,806 3,634 3,625
Other 11,550 7,167 5,141
Total operating revenues 118,928 63,055 43,764
Operating Expenses
Cost of services and sales (exclusive of depreciation and
amortization shown separately below) 46,055 28,542 19,173
Selling, general and administrative 30,892 14,318 10,780
Depreciation and amortization 21,577 9,907 7,643
Total operating expenses 98,524 52,767 37,596
Operating Income 20,404 10,288 6,168
Other Income (Expense)
Interest expense (3,507) (1,843) (1,456)
Equity in net income of affiliates 692 2,043 609
Other income (expense) – net 615 393 397
Total other income (expense) (2,200) 593 (450)
Income Before Income Taxes 18,204 10,881 5,718
Income taxes 6,253 3,525 932
Net Income $ 11,951 $ 7,356 $ 4,786
Basic Earnings Per Share $ 1.95 $ 1.89 $ 1.42
Diluted Earnings Per Share $ 1.94 $ 1.89 $ 1.42
The accompanying notes are an integral part of the consolidated financial statements.