-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BMuicV+Urn9LuWtOkxVPtXdW1MvK7ZY4mdwk829w08OsMMldR8vrijTbYclVNcWG OVKD3XZtfmSqfw7GWxR7NA== 0001054522-00-000006.txt : 20000214 0001054522-00-000006.hdr.sgml : 20000214 ACCESSION NUMBER: 0001054522-00-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20000126 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: U S WEST COMMUNICATIONS INC CENTRAL INDEX KEY: 0000068622 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840273800 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03040 FILM NUMBER: 534108 BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA ST CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038963099 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA ST CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: MOUNTAIN STATES TELEPHONE & TELEGRAPH CO DATE OF NAME CHANGE: 19910109 8-K 1 UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 26, 2000 U S WEST Communications, Inc. (Exact Name of Registrant as Specified in its Charter)
Colorado Commission File Number IRS Employer Identification (State of Incorporation) 1-3040 No. 84-0273800
1801 California Street, Denver, Colorado 80202 (Address of Principal Executive Offices, Including Zip Code) Telephone Number (303) 672-2700 (Registrant's Telephone Number, Including Area Code) (The Exhibits Index is located on page 2 of this report.) ================================================================================ Item 5. Other Events On January 26, 2000, U S WEST, Inc. filed a Form 8-K containing its fourth quarter 1999 earnings results, unaudited consolidated financial statements and U S WEST Communications, Inc.'s unaudited consolidated financial statements. Filed herewith are the unaudited consolidated financial statements of U S WEST Communications, Inc. Item 7. Financial Statements and Exhibits 27 Financial Data Schedule 99.1 Unaudited Consolidated Statements of Operations of U S WEST Communications, Inc. for the quarters and years ended December 31, 1999 and 1998, respectively. 99.2 Unaudited Consolidated Balance Sheets of U S WEST Communications, Inc. for the year ended December 31, 1998. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. U S WEST Communications, Inc. By: /S/ THOMAS O. MCGIMPSEY ---------------------------------------- Thomas O. McGimpsey Assistant Secretary Dated: February 11, 2000 EX-99.1 2 UNAUDITED CONSOL. STATEMENTS OF OPERATIONS EXHIBIT 99.1 CONSOLIDATED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS, INC. (UNAUDITED) (Telephone Operations Only)
Quarter Ended Year Ended December 31, % December 31, % In millions 1999 1998 Change 1999 1998 Change OPERATING REVENUES Local service $ 1,996 $ 1,835 8.8 $ 7,773 $ 7,124 9.1 Access services 691 671 3.0 2,731 2,662 2.6 Long-distance services 109 184 (40.8) 568 779 (27.1) Other services 130 85 52.9 392 306 28.1 Total operating revenues 2,926 2,775 5.4 11,464 10,871 5.5 OPERATING EXPENSES Employee-related 977 880 11.0 3,696 3,430 7.8 Other operating 611 723 (15.5) 2,515 2,685 (6.3) Depreciation & amort 580 558 3.9 2,293 2,138 7.2 Total operating expenses 2,168 2,161 0.3 8,504 8,253 3.0 Operating income 758 614 23.5 2,960 2,618 13.1 Interest expense 114 98 16.3 403 386 4.4 Other expense 4 6 (33.3) 37 82 (54.9) Income before income taxes 640 510 25.5 2,520 2,150 17.2 Income tax provision 245 185 32.4 958 815 17.5 NET INCOME $ 395 $ 325 21.5 $ 1,562 $ 1,335 17.0
EX-99.2 3 UNAUDITED CONSOLIDATED BALANCE SHEETS EXHIBIT 99.2 CONSOLIDATED BALANCE SHEETS U S WEST COMMUNICATIONS, INC. (Telephone Operations Only)
December 31, December 31, In millions 1999 1998 ASSETS Current assets: Cash and cash equivalents $ 61 $ 68 Accounts receivable, net 1,811 1,619 Inventories and supplies 211 154 Deferred tax asset 154 113 Prepaid and other 95 61 Total current assets 2,332 2,015 Property, plant and equipment - net 16,049 14,681 Other assets - net 1,597 882 Total assets $ 19,978 $ 17,578 LIABILITIES AND STOCKHOLDER'S EQUITY Current liabilities: Short-term debt $ 1,684 $ 789 Accounts payable 1,721 1,411 Accrued expenses 1,560 1,383 Advance billings and deposits 343 326 Total current liabilities 5,308 3,909 Long-term debt 5,408 5,154 Postretirement and other postemployment benefit obligations 2,462 2,458 Deferred taxes, credits and other 2,080 1,594 Stockholder's equity 4,720 4,463 Total liabilities and stockholder's equity $ 19,978 $ 17,578
EX-27 4 FDS --
5 0000068622 U S WEST COMMUNICATIONS, INC. 1,000,000 3-MOS 12-MOS DEC-31-1999 DEC-31-1999 OCT-01-1999 JAN-01-1999 DEC-31-1999 DEC-31-1999 61 61 0 0 1,811 1,811 0 0 211 211 2,332 2,332 37,350 37,350 21,301 21,301 19,978 19,978 5,308 5,308 5,408 5,408 0 0 0 0 0 0 4,720 4,720 19,978 19,978 2,926 11,464 2,926 11,464 0 0 0 0 2,168 8,504 0 0 114 403 640 2,520 245 958 395 1,562 0 0 0 0 0 0 395 1,562 0 0 0 0
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