EX-99.2 3 ex99_2.htm AT&T INC. 4TH QUARTER 2017 DISCUSSION AND RECONCILIATION OF NON-GAAP MEASURES

 

Supplemental Operational Measures

We provide a supplemental discussion of our domestic wireless operations that is calculated by combining our Consumer Mobility and Business Solutions segments, and then adjusting to remove non-wireless operations. The following table presents a reconciliation of our supplemental AT&T Mobility results.

  

 

Supplemental Operational Measure

 

 

Three Months Ended

 

 

December 31, 2017

 

 

December 31, 2016

 

 

Consumer Mobility

 

Business Solutions

 

Adjustments1

 

AT&T Mobility

 

 

Consumer Mobility

 

Business Solutions

 

Adjustments1

 

AT&T Mobility

Operating Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Wireless service

$

6,409

$

7,933

$

-

$

14,342

 

$

6,731

$

7,982

$

-

$

14,713

  Fixed strategic services

 

-

 

3,138

 

(3,138)

 

-

 

 

-

 

2,962

 

(2,962)

 

-

  Legacy voice and data services

 

-

 

3,359

 

(3,359)

 

-

 

 

-

 

3,793

 

(3,793)

 

-

  Other services and equipment

 

-

 

938

 

(938)

 

-

 

 

-

 

947

 

(947)

 

-

  Wireless equipment

 

1,864

 

3,022

 

-

 

4,886

 

 

1,688

 

2,349

 

-

 

4,037

Total Operating Revenues

 

8,273

 

18,390

 

(7,435)

 

19,228

 

 

8,419

 

18,033

 

(7,702)

 

18,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Operations and support

 

5,367

 

12,207

 

(4,627)

 

12,947

 

 

5,316

 

11,746

 

(4,998)

 

12,064

EBITDA

 

2,906

 

6,183

 

(2,808)

 

6,281

 

 

3,103

 

6,287

 

(2,704)

 

6,686

  Depreciation and amortization

 

886

 

2,354

 

(1,212)

 

2,028

 

 

918

 

2,264

 

(1,134)

 

2,048

Total Operating Expense

 

6,253

 

14,561

 

(5,839)

 

14,975

 

 

6,234

 

14,010

 

(6,132)

 

14,112

Operating Income

$

2,020

$

3,829

$

(1,596)

$

4,253

 

$

2,185

$

4,023

$

(1,570)

$

4,638

1 Business wireline operations reported in Business Solutions segment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Supplemental Operational Measure

 

 

Twelve Months Ended

 

 

December 31, 2017

 

 

December 31, 2016

 

 

Consumer Mobility

 

Business Solutions

 

Adjustments1

 

AT&T Mobility

 

 

Consumer Mobility

 

Business Solutions

 

Adjustments1

 

AT&T Mobility

Operating Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Wireless service

$

26,053

$

31,902

$

-

$

57,955

 

$

27,536

$

31,850

$

-

$

59,386

  Fixed strategic services

 

-

 

12,227

 

(12,227)

 

-

 

 

-

 

11,431

 

(11,431)

 

-

  Legacy voice and data services

 

-

 

13,931

 

(13,931)

 

-

 

 

-

 

16,370

 

(16,370)

 

-

  Other services and equipment

 

-

 

3,451

 

(3,451)

 

-

 

 

-

 

3,566

 

(3,566)

 

-

  Wireless equipment

 

5,499

 

7,895

 

-

 

13,394

 

 

5,664

 

7,771

 

-

 

13,435

Total Operating Revenues

 

31,552

 

69,406

 

(29,609)

 

71,349

 

 

33,200

 

70,988

 

(31,367)

 

72,821

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Operations and support

 

18,966

 

42,929

 

(18,640)

 

43,255

 

 

19,659

 

44,330

 

(20,103)

 

43,886

EBITDA

 

12,586

 

26,477

 

(10,969)

 

28,094

 

 

13,541

 

26,658

 

(11,264)

 

28,935

  Depreciation and amortization

 

3,507

 

9,326

 

(4,806)

 

8,027

 

 

3,716

 

9,832

 

(5,256)

 

8,292

Total Operating Expense

 

22,473

 

52,255

 

(23,446)

 

51,282

 

 

23,375

 

54,162

 

(25,359)

 

52,178

Operating Income

$

9,079

$

17,151

$

(6,163)

$

20,067

 

$

9,825

$

16,826

$

(6,008)

$

20,643

1 Business wireline operations reported in Business Solutions segment.