EX-99.1 8 h83888ex99-1.txt SELECTED FINANCIAL INFORMATION 1 Exhibit 99.1 The information below was derived from reports we have previously filed with the SEC.
NINE MONTHS ENDED YEARS ENDED DECEMBER 31, SEPTEMBER 30, --------------------------------------------------------------- ----------------------- 1995 1996 1997 1998 1999 1999 2000 ----------- ---------- ----------- ---------- ----------- ----------- ---------- (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) STATEMENT OF OPERATIONS DATA: Operating revenues..... $10,432,775 $10,998,602 $11,972,498 $12,625,769 $13,126,920 $9,790,462 $9,607,669 ----------- ----------- ----------- ----------- ----------- ---------- ---------- Costs and expenses: Operating (exclusive of depreciation and amortization shown below)....... 6,261,745 6,564,234 7,482,273 7,283,251 8,269,021 6,075,317 5,775,907 General and administrative..... 1,279,719 1,316,480 1,438,501 1,332,736 1,920,309 1,344,829 1,350,026 Depreciation and amortization....... 1,186,492 1,264,196 1,391,810 1,498,712 1,614,165 1,202,735 1,079,332 Merger costs......... 26,539 126,626 112,748 1,807,245 44,634 111,263 -- Asset impairments and unusual items.. 394,092 529,768 1,771,145 864,063 738,837 700,034 671,248 (Income) loss from continuing operations held for sale, net of minority interest.... (25,110) (315) 9,930 151 -- -- -- ----------- ----------- ----------- ----------- ----------- ---------- ---------- 9,123,477 9,800,989 12,206,407 12,786,158 12,586,966 9,434,178 8,876,513 ----------- ----------- ----------- ----------- ----------- ---------- ---------- Income (loss) from operations........... 1,309,298 1,197,613 (233,909) (160,389) 539,954 356,284 731,156 ----------- ----------- ----------- ----------- ----------- ---------- ---------- Other income (expense): Interest expense..... (534,964) (525,340) (555,576) (681,457) (769,655) (549,702) (588,260) Interest income...... 41,565 34,603 45,214 26,829 38,497 28,822 23,212 Minority interest.... (81,367) (41,289) (45,442) (24,254) (24,181) (17,706) (18,188) Other income, net.... 257,773 108,645 127,216 139,392 52,653 39,269 17,319 ----------- ----------- ----------- ----------- ----------- ---------- ---------- (316,993) (423,381) (428,588) (539,490) (702,686) (499,317) (565,917) ----------- ----------- ----------- ----------- ----------- ---------- ---------- Income (loss) from continuing operations before income taxes......... 992,305 774,232 (662,497) (699,879) (162,732) (143,033) 165,239 Provision for income taxes................ 493,375 486,700 363,341 66,923 232,319 139,790 300,763 ----------- ----------- ----------- ----------- ----------- --------- ---------- Income (loss) from continuing operations........... 498,930 287,532 (1,025,838) (766,802) (395,051) (282,823) (135,524) Income (loss) from discontinued operations........... 4,863 (263,301) 95,688 -- -- -- -- Extraordinary item..... -- -- (6,809) (3,900) (2,513) -- -- Accounting change...... -- -- (1,936) -- -- -- -- ----------- ----------- ----------- ----------- ----------- ---------- ---------- Net income (loss)...... $ 503,793 $ 24,231 $ (938,895) $ (770,702) $ (397,564) $ (282,823) $ (135,524) =========== =========== =========== =========== =========== ========== ==========
1 2
NINE MONTHS ENDED YEARS ENDED DECEMBER 31, SEPTEMBER 30, --------------------------------------------------------------- --------------------------- 1995 1996 1997 1998 1999 1999 2000 ----------- ---------- ----------- ---------- ----------- ----------- ---------- (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) Basic earnings (loss) per common share: Continuing operations........ $ 0.99 $ 0.54 $ (1.84) $ (1.31) $ (0.64) $ (0.46) $ (0.22) Discontinued operations........ 0.01 (0.49) 0.17 -- -- -- -- Extraordinary item.. -- -- (0.01) (0.01) (0.01) -- -- Accounting change... -- -- -- -- -- -- -- ----------- ----------- ----------- ----------- ----------- ---------- ---------- Net income (loss)... $ 1.00 $ 0.05 $ (1.68) $ (1.32) $ (0.65) $ (0.46) $ (0.22) =========== =========== =========== =========== =========== ========== ========== Diluted earnings (loss) per common share: Continuing operations......... $ 0.97 $ 0.53 $ (1.84) $ (1.31) $ (0.64) $ (0.46) $ (0.22) Discontinued operations......... 0.01 (0.49) 0.17 -- -- -- -- Extraordinary item... -- -- (0.01) (0.01) (0.01) -- -- Accounting change.... -- -- -- -- -- -- -- ----------- ----------- ----------- ----------- ----------- ---------- ---------- Net income (loss).... $ 0.98 $ 0.04 $ (1.68) $ (1.32) $ (0.65) $ (0.46) $ (0.22) =========== =========== =========== =========== =========== ========== ========== Cash dividends per common share.......... $ 0.58 $ 0.57 $ 0.56 $ 0.16 $ 0.01 $ 0.01 $ 0.01 =========== =========== =========== =========== =========== ========== ========== BALANCE SHEET DATA (AT END OF PERIOD): Working capital (deficit)............. $(1,027,093) $ (258,210) $(1,967,278) $ (412,269) $(1,268,910) $(1,086,024) $ (833,213) Intangible assets, net.. 4,329,909 4,681,381 4,848,176 6,250,324 5,356,677 5,505,362 5,245,954 Total assets............ 19,950,426 20,727,524 20,156,424 22,882,164 22,681,424 21,425,014 19,175,693 Long-term debt, including current maturities............. 8,404,034 9,064,566 9,479,961 11,732,361 11,498,088 11,403,244 9,007,166 Stockholders' equity.... 5,184,104 5,201,610 3,854,929 4,372,496 4,402,612 4,553,048 4,628,891
2