<BTB> EXHIBIT 99A.5 STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS, Inc. (UNAUDITED) (Telephone Operations Only) Quarter Ended Six Months Ended June 30, % June 30, % 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 219 168 30.4 398 329 21.0 ---------------- ---------------- Total operating revenues 2,488 2,440 2.0 5,035 4,848 3.9 ---------------- ---------------- OPERATING EXPENSES Employee-related 842 864 (2.5) 1,648 1,677 (1.7) Other operating 374 373 0.3 824 762 8.1 Taxes other than income taxes 95 97 (2.1) 200 192 4.2 Depreciation & amort 524 513 2.1 1,046 1,024 2.1 ---------------- ---------------- Total operating expenses 1,835 1,847 (0.6) 3,718 3,655 1.7 ---------------- ---------------- Income from operations 653 593 10.1 1,317 1,193 10.4 Interest expense 93 101 (7.9) 189 204 (7.4) Gains on sales of rural telephone exchanges 29 49 (40.8) 47 49 (4.1) Other income (expense) - net (18) 2 - (40) (15) - ---------------- ---------------- Income before income taxes & cumulative effect of change in accounting principle 571 543 5.2 1,135 1,023 10.9 Income tax provision 218 208 4.8 433 391 10.7 ---------------- ---------------- Income before cumulative effect of change in accounting principle 353 335 5.4 702 632 11.1 Cumulative effect of change in accounting principle - net of tax - - - - 34 - ---------------- ---------------- NET INCOME $ 353 $ 335 5.4 $ 702 $ 666 5.4 ================ ================