Exhibit 99.2
QWEST COMMUNICATIONS INTERNATIONAL INC.
QUARTERLY STATEMENTS OF OPERATIONS
(UNAUDITED)
2008 | 2007 | 2006 | ||||||||||||||||||
Q2 | Q1 | Q4 | Q3 | Q2 | Q1 | Q4 | Q3 | Q2 | Q1 | |||||||||||
(Dollars in millions) | ||||||||||||||||||||
Operating revenue | $3,382 | $3,399 | $3,435 | $3,434 | $3,463 | $3,446 | $3,488 | $3,487 | $3,472 | $3,476 | ||||||||||
Operating expenses: | ||||||||||||||||||||
Cost of sales (exclusive of depreciation and amortization): | ||||||||||||||||||||
Facility costs | 548 | 553 | 550 | 558 | 567 | 589 | 642 | 597 | 622 | 628 | ||||||||||
Employee-related costs | 311 | 373 | 337 | 345 | 345 | 348 | 347 | 375 | 347 | 347 | ||||||||||
Equipment sales costs | 137 | 119 | 151 | 127 | 122 | 118 | 136 | 117 | 120 | 137 | ||||||||||
Other | 148 | 132 | 142 | 138 | 132 | 119 | 133 | 130 | 124 | 119 | ||||||||||
Total cost of sales | 1,144 | 1,177 | 1,180 | 1,168 | 1,166 | 1,174 | 1,258 | 1,219 | 1,213 | 1,231 | ||||||||||
Selling: | ||||||||||||||||||||
Employee-related costs | 291 | 292 | 280 | 287 | 293 | 279 | 292 | 293 | 271 | 273 | ||||||||||
Marketing, advertising and external commissions | 135 | 144 | 156 | 148 | 145 | 131 | 142 | 139 | 134 | 141 | ||||||||||
Other | 101 | 109 | 101 | 109 | 102 | 107 | 121 | 110 | 95 | 105 | ||||||||||
Total selling | 527 | 545 | 537 | 544 | 540 | 517 | 555 | 542 | 500 | 519 | ||||||||||
General, administrative and other operating: | ||||||||||||||||||||
Employee-related costs | 112 | 121 | 115 | 119 | 121 | 146 | 179 | 179 | 178 | 182 | ||||||||||
Taxes and fees | 123 | 163 | 161 | 163 | 178 | 159 | 124 | 181 | 161 | 184 | ||||||||||
Real estate and occupancy cost | 114 | 117 | 109 | 113 | 110 | 111 | 112 | 113 | 107 | 112 | ||||||||||
Other | 220 | 180 | 196 | 529 | 199 | 208 | 180 | 162 | 204 | 203 | ||||||||||
Total general, administrative and other operating | 569 | 581 | 581 | 924 | 608 | 624 | 595 | 635 | 650 | 681 | ||||||||||
Depreciation and amortization | 578 | 576 | 613 | 619 | 615 | 612 | 695 | 691 | 693 | 691 | ||||||||||
Total operating expenses | 2,818 | 2,879 | 2,911 | 3,255 | 2,929 | 2,927 | 3,103 | 3,087 | 3,056 | 3,122 | ||||||||||
Other expense (income)—net: | ||||||||||||||||||||
Interest expense—net | 257 | 261 | 267 | 272 | 274 | 282 | 284 | 291 | 298 | 296 | ||||||||||
Other—net | (4) | 3 | (3) | (9) | 14 | (5) | (84) | (42) | (17) | (28) | ||||||||||
Total other expense (income)—net | 253 | 264 | 264 | 263 | 288 | 277 | 200 | 249 | 281 | 268 | ||||||||||
Income (loss) before income taxes | 311 | 256 | 260 | (84) | 246 | 242 | 185 | 151 | 135 | 86 | ||||||||||
Income tax expense (benefit) | 123 | 99 | (106) | (2,149) | — | 2 | (9) | (43) | 18 | (2) | ||||||||||
Net income | $188 | $157 | $366 | $2,065 | $246 | $240 | $194 | $194 | $117 | $88 | ||||||||||