<BTB> EXHIBIT 99A.1 COMBINED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS GROUP (UNAUDITED) Quarter Ended Six Months Ended June 30, Percent June 30, Percent In millions 1997 1996 Change 1997 1996 Change - - ------------------------------- ------- ------------- ------- ------- OPERATING REVENUES Local service $ 1,151 $ 1,179 (2.4)$ 2,382 $ 2,324 2.5 Interstate access 678 626 8.3 1,365 1,248 9.4 Intrastate access 200 189 5.8 400 379 5.5 Long-distance network 240 278 (13.7) 490 568 (13.7) Other services 274 228 20.2 493 446 10.5 ---------------- ---------------- Total operating revenues 2,543 2,500 1.7 5,130 4,965 3.3 ---------------- ---------------- OPERATING EXPENSES Employee-related 904 921 (1.8) 1,768 1,788 (1.1) Other operating 391 387 1.0 836 775 7.9 Taxes other than income taxes 98 100 (2.0) 205 197 4.1 Depreciation & amort. 530 518 2.3 1,057 1,035 2.1 ---------------- ---------------- Total operating expenses 1,923 1,926 (0.2) 3,866 3,795 1.9 ---------------- ---------------- Income from operations 620 574 8.0 1,264 1,170 8.0 Interest expense 100 110 (9.1) 203 221 (8.1) Gains on sales of rural telephone exchanges 29 49 (40.8) 47 49 (4.1) Other income (expense) - net (19) 4 - (41) (12) - ---------------- ---------------- Income before income taxes & cumulative effect of change in accounting princple 530 517 2.5 1,067 986 8.2 Income tax provision 198 193 2.6 396 368 7.6 ---------------- ---------------- Income before cumulative effect of change in accounting principle 332 324 2.5 671 618 8.6 Cumulative effect of change in accounting principle - net of tax - - - - 34 - ---------------- ---------------- NET INCOME $ 332 $ 324 2.5 $ 671 $ 652 2.9 ================ ================ <BTB> COMBINED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS GROUP (UNAUDITED) Quarter Ended Six Months Ended In millions, except June 30, Percent June 30, Percent per share amounts 1997 1996 Change 1997 1996 Change - - ------------------------------- ------- ------------- ------- ------- Average common shares outstanding 482.5 476.8 1.2 481.9 475.9 1.3 ================ ================ Earnings per common share: Income before cumulative effect of change in accounting principle $ 0.69 $ 0.68 1.5 $ 1.39 $ 1.30 6.9 Cumulative effect of change in accounting principle - - - - 0.07 - ---------------- ---------------- Earnings per common share $ 0.69 $ 0.68 1.5 $ 1.39 $ 1.37 1.5 ================ ================