Verizon Communications Inc. (VZ) Financials Nov 14, 2014,

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Verizon Communications Inc. (VZ) Financials Nov 14, 2014, 6:49 p.m.
Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Verizon Communications Inc.


Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 107.81B 106.57B 110.88B 115.85B 120.55B
Cost of Goods Sold (COGS) incl. D&A 58.84B 58.31B 62.37B 62.7B 61.49B
COGS excluding D&A 42.62B 42.01B 45.88B 46.24B 44.89B
Depreciation & Amortization Expense 16.22B 16.3B 16.5B 16.46B 16.61B
Depreciation 14.25B 14.49B 14.99B 14.92B 15.02B
Amortization of Intangibles 1.97B 1.81B 1.51B 1.54B 1.59B
Gross Income 48.97B 48.25B 48.5B 53.15B 59.06B
2009 2010 2011 2012 2013 5-year trend
SG&A Expense 29.49B 29.28B 29.67B 32.15B 33.6B
Research & Development 0 0 0 0 -
Other SG&A 29.49B 29.28B 29.67B 32.15B 33.6B
Other Operating Expense 0 0 0 0 0
Unusual Expense 5.45B 4.33B 5.95B 8.95B (6.23B)
EBIT after Unusual Expense (5.45B) (4.33B) (5.95B) (8.95B) 6.23B
Non Operating Income/Expense 15M (38M) (82M) 27M 48M
Non-Operating Interest Income 75M 92M 68M 57M 64M
Equity in Affiliates (Pretax) 553M 508M 444M 324M 142M
Interest Expense 3.1B 2.52B 2.83B 2.57B 2.67B
Gross Interest Expense 4.03B 3.49B 3.27B 2.98B 3.42B
Interest Capitalized 927M 964M 442M 406M 754M
Pretax Income 11.57B 12.68B 10.48B 9.9B 29.28B
Income Tax 1.21B 2.47B 285M (660M) 5.73B
Income Tax - Current Domestic (247M) (747M) 483M 337M 4M
Income Tax - Current Foreign 73M (19M) 25M (45M) (59M)
Income Tax - Deferred Domestic 1.43B 3.26B (179M) (956M) 5.78B
Income Tax - Deferred Foreign (35M) (24M) (38M) 10M 8M
Income Tax Credits 6M 4M 6M 6M 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income 10.36B 10.22B 10.2B 10.56B 23.55B
Minority Interest Expense 6.71B 7.67B 7.79B 9.68B 12.05B
Net Income 3.65B 2.55B 2.4B 875M 11.5B
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 3.65B 2.55B 2.4B 875M 11.5B
Preferred Dividends 0 0 0 0 0
Net Income Available to Common 3.65B 2.55B 2.4B 875M 11.5B
EPS (Basic) 1.29 0.90 0.85 0.31 4.01
Basic Shares Outstanding 2.84B 2.83B 2.83B 2.85B 2.87B
EPS (Diluted) 1.29 0.90 0.85 0.31 4.00
Diluted Shares Outstanding 2.84B 2.83B 2.84B 2.86B 2.87B
EBITDA 35.7B 35.28B 35.33B 37.47B 42.06B
Copyright 2014 FactSet Research Systems Inc. All rights reserved. Source FactSet Fundamentals.
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