EX-99.2 17 a2145788zex-99_2.htm EX-99.2
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        The following condensed operating financial data reflects our quarterly operating results for the last eight consecutive quarters. We made certain reclassifications to prior balances to conform to the current presentation.

EXHIBIT 99.2


QWEST COMMUNICATIONS INTERNATIONAL, INC.
QUARTERLY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions)
(Unaudited)

 
  2004
  2003
  2002
 
 
  Q2
  Q1
  Q4
  Q3
  Q2
  Q1
  Q4
  Q3
 
Operating revenue   $ 3,442   $ 3,481   $ 3,498   $ 3,570   $ 3,596   $ 3,624   $ 3,705   $ 3,772  
   
 
 
 
 
 
 
 
 
Operating expenses:                                                  
  Cost of sales     1,487     1,454     1,544     1,965     1,475     1,476     1,459     1,488  
  SG&A     1,357     1,139     1,201     1,065     1,138     1,168     1,018     1,276  
  Deprec. & amort.     785     777     798     796     789     784     805     796  
  Impairments & Other     170     15     46     267     17     13     47     135  
   
 
 
 
 
 
 
 
 
Total operating expenses     3,799     3,385     3,589     4,093     3,419     3,441     3,329     3,695  
   
 
 
 
 
 
 
 
 
Operating (loss) income     (357 )   96     (91 )   (523 )   177     183     376     77  
Other expense (income):                                                  
  Interest expense—net     394     397     436     437     444     440     464     451  
  Other—net     (111 )   12     (37 )   (18 )   (63 )   (61 )   (1,823 )   (2 )
   
 
 
 
 
 
 
 
 
Total other expense (income)     283     409     399     419     381     379     (1,359 )   449  
Income tax (expense) benefit     (136 )   3     108     256     79     76     (682 )   134  
   
 
 
 
 
 
 
 
 
(Loss) income from continuing operations     (776 )   (310 )   (382 )   (686 )   (125 )   (120 )   1,053     (238 )
Discontinued operations—net             (25 )   2,517     61     66     1,682     115  
Cumulative effect of accounting changes—net                         206          
   
 
 
 
 
 
 
 
 
Net income (loss)   $ (776 ) $ (310 ) $ (407 ) $ 1,831   $ (64 ) $ 152   $ 2,735   $ (123 )
   
 
 
 
 
 
 
 
 



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QWEST COMMUNICATIONS INTERNATIONAL, INC. QUARTERLY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions) (Unaudited)