Table T-5.9
Lucent Technology
Normalized Income Statement
.
1999
1998
1997
1996
1995
Sales
100
100
100
100
100
Cost of Goods Sold
51
53
55
61
60
Gross Profit
49
47
45
39
40
Operating Expenses
34
39
39
42
44
Operating Profit
14
8
6
-3
-4
Interest
1
1
1
0
0
Other
-1
-1
-1
0
0
Profit before tax
14
8
5
-3
-4
Tax
5
5
4
0
0
Profit after tax
12
3
2
-3
-4
Source: Lucent Technology 1999 Annual Report