EX-99.2 3 exh992.htm EXHIBIT 99.2 Unassociated Document
Exhibit 99.2
 
   
   
Embarq Corporation
 
SELECTED FINANCIAL AND SUBSCRIBER DATA
 
(UNAUDITED)
 
             
             
   
Three months
   
Three months
 
   
ended
   
ended
 
   
June 30, 2009
   
June 30, 2008
 
    (Dollars in millions)  
             
OPERATING REVENUES
  $ 1,325       1,439  
                 
OPERATING EXPENSES
               
         Cost of services and products     358       414  
         Selling, general and administrative     303       355  
         Depreciation     244       246  
      905       1,015  
                 
OPERATING INCOME
    420       424  
                 
OTHER INCOME (EXPENSE)
               
         Interest expense     (90 )     (101 )
         Other income (expense)     (1 )     1  
         Income tax expense     (125 )     (122 )
                 
INCOME FROM CONTINUING OPERATIONS
  $ 204       202  
                 
                 
Operating cash flow (operating income plus depreciation)
  $ 664       670  
Free cash flow (income from continuing operations plus depreciation minus capital expenditures) 
  $ 301       267  
Operating cash flow margin (operating cash flow divided by revenues)
    50.1 %     46.6 %
Operating income margin (operating income divided by revenues)
    31.7 %     29.5 %
                 
CAPITAL EXPENDITURES
  $ 147       181  
LONG-TERM DEBT (as of June 30, 2009)
  $ 5,056          
                 
SUBSCRIBER DATA (as of June 30, 2009 and 2008)
               
         Access lines (in thousands)     5,389       6,022  
         High-speed Internet lines (in thousands)     1,465       1,364