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Verizon Communications Inc   (VZ)
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Verizon Communications Inc Income Statement Annual

VZ


Select the Financial Report:   Period:   Fiscal Year:

INCOME STATEMENT
(Annual GAAP In millions $)

(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
(Dec 31 2015)
2015
Sales Revenue, Services, Net - - 107,145.00 108,468.00 114,696.00
Sales Revenue, Goods, Net - - 18,889.00 17,512.00 16,924.00
Total Revenue 131,868.00 130,863.00 126,034.00 125,980.00 131,620.00
Cost of Goods and Services Sold 31,772.00 32,185.00 29,409.00 29,186.00 29,438.00
Gross Profit 100,096.00 98,678.00 96,625.00 96,794.00 102,182.00
Selling, Administration, Marketing 29,896.00 31,083.00 30,110.00 31,569.00 29,986.00
Depriciation & Amortization 16,682.00 17,403.00 16,954.00 15,928.00 16,017.00
Research & development - - - - -
Goodwill, Impairment Loss 186.00 4,591.00 - - -
Other exp. /-income 22,954.00 23,323.00 22,147.00 22,238.00 23,119.00
Sales of assets net - - - - -
Total operating costs including COS 101,490.00 108,585.00 98,620.00 98,921.00 98,560.00
Operating income/-loss 30,378.00 22,278.00 27,414.00 27,059.00 33,060.00
Other Deductions / - Income
Interest expense 4,730.00 4,833.00 4,733.00 4,376.00 4,920.00
Interest income - - - - -
Net interest expense/-income 4,730.00 4,833.00 4,733.00 4,376.00 4,920.00
Loss (Income) from Equity Method Investments -15.00 -186.00 - - -
Income from affiliates - - - - -
Minority interest - - - - -
Financing Loss/ -Income - - - - -
Other loss/ -income 2,930.00 -1,992.00 2,087.00 1,697.00 -100.00
Total costs & expenses 109,135.00 111,240.00 105,440.00 104,994.00 103,380.00
Income /-loss before income taxes 22,733.00 19,623.00 20,594.00 20,986.00 28,240.00
Income taxes expenses/-benefit 2,945.00 3,584.00 -9,956.00 7,378.00 9,865.00
Income after income taxes 19,788.00 16,039.00 30,550.00 13,608.00 18,375.00
Net income/-loss of other equity - - - - -
Income/-loss from cont. Ops. 19,788.00 16,039.00 30,550.00 13,608.00 18,375.00
Accounting change - - - - -
Discontinued operations - - - - -
Extraordinary items - - - - -
Net Income/-loss 19,788.00 16,039.00 30,550.00 13,608.00 18,375.00
Noncontrolling interests 523.00 511.00 449.00 481.00 496.00
Prefered dividends - - - - -
Other - - - - -
Income/-loss to shareholder 19,265.00 15,528.00 30,101.00 13,127.00 17,879.00
EBIT 27,463.00 24,456.00 25,327.00 25,362.00 0.00
EBITD 44,145.00 41,859.00 42,281.00 41,290.00 0.00
EBITDA 44,145.00 41,859.00 42,281.00 41,290.00 0.00


Per Share (GAAP Annual, in $) (Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
(Dec 31 2015)
2015
Basic EPS (excl. extra items) 4.66 3.76 7.37 3.22 4.38
   Extraordinary items 0.00 0.00 0.00 0.00 0.00
Basic Net EPS 4.66 3.76 7.37 3.22 4.38
Basic shares outstanding (Mill. of Units) 4,138.00 4,128.00 4,084.00 4,080.00 4,085.00
   EPS other shares - - - - -
Diluted Net EPS 4.65 3.76 7.36 3.21 4.37
Diluted average shares (Mill. of Units) 4,140.00 4,132.00 4,089.00 4,086.00 4,093.00
Dividend per share 2.419 2.365 2.316 2.267 -

       
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