verizon communications inc
(BAC:Frankfurt)
Last €38.49 EUR
Change Today +0.203 / 0.53%
Volume 583.0
As of 5:00 AM 06/19/13 All times are local (Market data is delayed by at least 15 minutes).
Financial Statements for verizon communications inc (BAC)
Year over year, Verizon Communications Inc. has seen their bottom line shrink from $2.4B USD to $875.0M USD despite an increase in revenues from $110.9B USD to $115.8B USD. An increase in the percentage of sales devoted to SGA costs from 32.13% to 33.81% was a key component in the falling bottom line in the face of rising revenues.
| Currency in Millions of US Dollars | As of: | Dec 31 2009 Restated | Dec 31 2010 | Dec 31 2011 | Dec 31 2012 | 4 Year Trend |
| Revenues | 107,808.0 | 106,565.0 | 110,875.0 | 115,846.0 |  | |
| TOTAL REVENUES | 107,808.0 | 106,565.0 | 110,875.0 | 115,846.0 | | |
| Cost of Goods Sold | 42,903.0 | 43,731.0 | 45,875.0 | 46,275.0 | | |
| GROSS PROFIT | 64,905.0 | 62,834.0 | 65,000.0 | 69,571.0 | | |
| Selling General & Admin Expenses, Total | 29,863.0 | 30,612.0 | 35,624.0 | 39,167.0 | | |
| Depreciation & Amortization, Total | 16,217.0 | 16,303.0 | 16,496.0 | 16,460.0 | | |
| OTHER OPERATING EXPENSES, TOTAL | 46,080.0 | 46,915.0 | 52,120.0 | 55,627.0 | | |
| OPERATING INCOME | 18,825.0 | 15,919.0 | 12,880.0 | 13,944.0 | | |
| Interest Expense | -3,102.0 | -2,523.0 | -2,827.0 | -2,571.0 | | |
| Interest and Investment Income | 75.0 | 92.0 | 68.0 | 57.0 | | |
| Other Non-Operating Expenses, Total | 569.0 | 470.0 | 462.0 | 351.0 | | |
| Other Non-Operating Income (Expenses) | 16.0 | -43.0 | 27.0 | 28.0 | | |
| Merger & Restructuring Charges | -954.0 | -867.0 | -- | -- | | |
| Other Unusual Items, Total | -1,893.0 | -407.0 | -100.0 | -1,884.0 | | |
| EBT, INCLUDING UNUSUAL ITEMS | 13,520.0 | 12,684.0 | 10,483.0 | 9,897.0 | | |
| Income Tax Expense | 1,919.0 | 2,467.0 | 285.0 | -660.0 | | |
| Minority Interest in Earnings | -6,707.0 | -7,668.0 | -7,794.0 | -9,682.0 | | |
| Earnings from Continuing Operations | 11,601.0 | 10,217.0 | 10,198.0 | 10,557.0 | | |
| NET INCOME | 4,894.0 | 2,549.0 | 2,404.0 | 875.0 | | |
| NET INCOME TO COMMON INCLUDING EXTRA ITEMS | 4,894.0 | 2,549.0 | 2,404.0 | 875.0 | | |
| NET INCOME TO COMMON EXCLUDING EXTRA ITEMS | 4,894.0 | 2,549.0 | 2,404.0 | 875.0 | | |
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| BAC:GR | €38.49 EUR | +0.203 |  |
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Industry Analysis
BAC
Industry Average
| Valuation | BAC | Industry Range |
| Price/Earnings | 100.0x |
|
| Price/Sales | 1.3x |
|
| Price/Book | 4.4x |
|
| Price/Cash Flow | 8.3x |
|
| TEV/Sales | 0.3x |
|
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