Frontier communications corporation (FTR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue

8,107

8,611

9,128

8,896

5,576

4,772

4,762

5,011

5,243

3,797

2,117

2,237

Operating expenses:
Network access expenses

1,247

1,441

1,597

1,470

640

465

431

441

518

383

225

222

Network related expenses

1,810

1,898

1,958

1,876

1,287

1,118

1,084

1,133

-

-

-

-

Selling, general and administrative expenses

1,804

1,815

2,017

2,081

1,346

1,086

1,057

1,100

-

-

-

-

Other operating expenses

-

-

-

-

-

-

-

-

2,278

1,611

781

810

Depreciation and amortization

1,780

1,954

2,184

2,031

1,320

1,139

1,170

1,266

1,403

893

476

561

Goodwill impairment

5,725

641

2,748

-

-

-

-

-

-

-

-

-

Loss on disposal of Northwest Operations

-446

-

-

-

-

-

15

-

-

-

-

-

Acquisition-related costs and integration costs incurred to effect a business combination which costs have been expensed during the period. Acquisition costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees. Integration costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs.

-

-

25

436

236

142

10

81

143

137

-

-

Pension settlement costs

-

-

-

-

-

-

-44

-

-

-

-

-

Restructuring costs and other charges

168

35

82

91

2

2

-

-

-

-

-

-

Total operating expenses

12,980

7,784

10,611

7,985

4,831

3,952

3,796

-

-

-

-

-

Integration costs

-

-

-

-

-

-

-

-

-

-

28

-

Total operating expenses

-

-

-

-

-

-

-

4,024

4,343

3,025

1,511

1,594

Operating income

-4,873

827

-1,483

911

745

820

981

987

899

771

606

642

Investment And Other Nonoperating Income (Expense), Net

-37

13

1

-

-

-

-

-

-

-

-

-

Investment and other income (loss), net

-

-

-

4

7

39

9

20

9

-

-

-

Pension settlement costs

57

41

83

-

-

-

-

-

-

-

-

-

Investment income

-

-

-

-

-

-

-

-

2

6

6

16

Loss on extinguishment of debt

-20

32

-88

-7

-

-

-160

-90

-

0

-

-

Other income, net

-

-

-

-

-

-

-

-

-

13

-41

-5

Interest expense

1,535

1,536

1,534

1,531

1,113

696

667

687

665

521

378

362

Loss before income taxes

-6,522

-705

-3,187

-623

-361

163

163

228

245

270

193

290

Income tax (benefit) expense

-611

-62

-1,383

-250

-165

30

48

75

88

114

69

106

Net income (loss)

-

-

-

-

-

133

115

153

157

155

123

184

Less: Income attributable to the noncontrolling interest in a partnership

-

-

-

-

-

-

-

-

-

3

2

1

Net loss

-5,911

-643

-1,804

-373

-196

-

-

136

149

152

120

182

Less: Dividends on preferred stock

-

107

214

214

120

-

-

-

-

-

-

-

Less: Income attributable to the noncontrolling interest in a partnership

-

-

-

-

-

-

2

16

7

-

-

-

Net loss attributable to Frontier common shareholders

-

-

-

-

-316

133

113

-

-

-

-

-

Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock but before participating securities; of income (loss) available to common shareholders.

-5,911

-750

-2,018

-587

-

-

-

-

-

-

-

-

Basic net loss per share attributable to Frontier common shareholders

-

-

-

-

-4.41

-

-

0.14

0.15

0.23

-

-

Diluted net loss per share attributable to Frontier common shareholders

-

-

-

-

-4.41

-

-

0.13

0.15

0.23

-

-

Basic and diluted net loss per share attributable to Frontier common shareholders

-56.80

-8.37

-25.99

-7.61

-

0.13

0.11

-

-

-

0.38

0.57

Total weighted average shares outstanding - basic and diluted

104

89

77

77

-

-

-

-

-

-

-

-

Total weighted average shares outstanding - basic

-

-

-

-

72

994

992

-

-

-

-

-

Total weighted average shares outstanding - diluted

-

-

-

-

72

998

993

-

-

-

-

-

Basic and diluted net income per common share attributable to common shareholders of Frontier (in dollars per share)

-56.80

-8.37

-25.99

-7.61

-

-

-

-

-

-

-

0.57