|
Table T-5.7 |
|
Bell Atlantic Corporation |
|
Normalized Income Statement |
| |
1999 |
1998 |
1997 |
|
Sales |
100 |
100 |
100 |
|
Cost of Goods Sold |
0 |
0 |
0 |
|
Gross Profit |
100 |
100 |
100 |
|
Operating Expenses |
79 |
82 |
79 |
|
Operating Profit |
21 |
18 |
21 |
|
Interest |
4 |
4 |
4 |
|
Other |
4 |
4 |
4 |
|
Profit before tax |
16 |
13 |
18 |
|
Tax |
6 |
5 |
6 |
|
Profit after tax |
9 |
8 |
12 |
|
Source: Bell Atlantic Corporation 1998 Annual
Report |