Table T-6.5

Bell Atlantic Corporation

Income Statements (in $ millions)
. 1998 1997 1996
Sales 31566 30194 29155
Cost of Goods Sold . . .
Gross Profit 31566 30194 29155
Operating Expenses 24939 24852 23076
Operating Profit 6627 5342 6079
Interest 1335 1230 1082
Other 319 128 -190
Profit before tax 4973 3984 5187
Tax 2008 1529 1782
Profit after tax 2965 2455 3405
Source: Bell Atlantic Corporation 1998 Annual Report