MediaOne Group, Inc.
Earnings Per Share Highlights
(UNAUDITED)
Three Mos Ended Year Ended
Dec 31, Dec 31,
1999 1998 1999 1998
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Earnings Per Share -
As Reported
Average Shares
Outstanding (millions)
Basic 630.1 604.4 611.6 607.6
Diluted 658.0 604.4 654.9 653.0
Basic Earnings (Loss)
per Common Share
Earnings (loss) from
Continuing Operations $ 5.79 $(0.58) $ 5.62 $ 2.18
Total earnings (loss) $ 5.79 $(0.58) $ 5.65 $42.14
Diluted Earnings (Loss)
per Common Share
Earnings (loss) from
Continuing Operations $ 5.55 $(0.58) $ 5.32 $ 2.10
Total earnings (loss) $ 5.55 $(0.58) $ 5.34 $39.29
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Common Shares (millions)
Actual Shares Outstanding (1) 647.4 603.5 647.4 603.5
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Normalized Earnings Per Share
Basic EPS - Continuing Ops $ 5.79 $(0.58) $ 5.62 $ 2.18
Adjustment for One Time
Unusual Transactions
Domestic Wireless
Operations and Gain
on Sale - - - (3.75)
Loss on Redemption of
Preferred Securities - - 0.04 0.09
Gain on Sale of
Investments (6.20) (0.03) (7.19) (0.08)
Primestar Loss (0.02) 0.16 0.05 0.16
Vodafone Gain - - (2.50) -
Merger Costs 0.26 - 2.76 -
Other Gains (Losses) - - 0.02 -
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Normalized Basic EPS -
Continuing Operations (2) $ (0.17) $ (0.46) $(1.20) $(1.40)
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(1) Includes 39.6 million shares related to the conversion of
Series D stock in November, 1999.
(2) Amounts may not foot due to rounding.
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