Table T-6.7

Lucent Technology

Income Statements (in $ millions)
  1999 1998 1997
Sales 38303 31806 27611
Cost of Goods Sold 19688 16715 15318
Gross Profit 18615 15091 12293
Operating Expenses 13209 12453 10694
Operating Profit 5406 2638 1599
Interest 406 254 238
Other -1751 -128 -97
Profit before tax 6751 2512 1458
Tax 1985 1477 1009
Profit after tax 4766 1035 449
Source: Lucent Technology 1999 Annual Report