EXHIBIT 99A.5
STATEMENTS OF INCOME U S WEST COMMUNICATIONS, Inc.
(UNAUDITED)
Quarter Ended Year Ended
December 31, % December 31, %
In millions 1995 1994 Change 1995 1994 Change
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OPERATING REVENUES
Local service $1,113 $1,032 7.8 $4,344 $4,067 6.8
Interstate access 604 578 4.5 2,378 2,269 4.8
Intrastate access 189 188 0.5 747 729 2.5
Long-distance network 298 310 (3.9) 1,189 1,329 (10.5)
Other services 171 162 5.6 626 604 3.6
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Total operating revenue 2,375 2,270 4.6 9,284 8,998 3.2
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OPERATING EXPENSES
Employee-related 802 723 10.9 3,079 2,930 5.1
Other operating 428 454 (5.7) 1,587 1,653 (4.0)
Taxes other than
income taxes 72 84 (14.3) 371 378 (1.9)
Depreciation & amort. 523 481 8.7 2,022 1,887 7.2
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Total operating
expenses 1,825 1,742 4.8 7,059 6,848 3.1
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Income from operations 550 528 4.2 2,225 2,150 3.5
Interest expense 102 88 15.9 386 331 16.6
Gain on sales of rural
telephone exchanges 24 34 (29.4) 136 82 65.9
Other income
(expense) - net (15) 3 - (58) (20) -
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Income before income
taxes and extraordinary
item 457 477 (4.2) 1,917 1,881 1.9
Income taxes 155 179 (13.4) 698 706 (1.1)
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Income before extra-
ordinary item 302 298 1.3 1,219 1,175 3.7
Extraordinary item:
Early extinguishment
of debt, net of tax (3) - - (8) - -
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NET INCOME $299 $298 0.3 $1,211 $1,175 3.1
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