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Verizon Communications (VZ)On Mar 4: 39.25  Up 0.25 (0.64%)  Reuters
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Sep-0330-Jun-0331-Mar-0331-Dec-02
Total Revenue17,155,000  17,040,000  16,279,000  17,214,000  
Cost of Revenue5,740,000  5,025,000  5,141,000   -  
Gross Profit11,415,000  12,015,000  11,138,000  17,214,000  
Operating Expenses
Research Development -   -   -   -  
Selling General and Administrative4,932,000  5,712,000  4,253,000  11,001,000  
Non Recurring(141,000) -   -   -  
Others3,419,000  3,366,000  3,385,000  3,427,000  
Total Operating Expenses -   -   -   -  
Operating Income or Loss3,205,000  2,937,000  3,500,000  2,786,000  
Income from Continuing Operations
Total Other Income/Expenses Net12,000  (23,000)34,000  48,000  
Earnings Before Interest And Taxes3,245,000  2,746,000  3,374,000  2,504,000  
Interest Expense685,000  669,000  778,000  822,000  
Income Before Tax2,560,000  2,077,000  2,596,000  1,682,000  
Income Tax Expense769,000  659,000  838,000  (608,000)
Minority Interest(410,000)(396,000)(326,000)(342,000)
Net Income From Continuing Ops1,791,000  1,418,000  1,758,000  2,290,000  
Non-recurring Events
Discontinued Operations -  (935,000) -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -  (1,647,000)2,150,000   -  
Other Items -   -   -   -  
Net Income1,791,000  (1,164,000)3,908,000  2,290,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$1,791,000  ($1,164,000)$3,908,000  $2,290,000  

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