| Income Statement for Telefonica S.A. |
| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
 |
|
|
|
Press Release |
| Net Sales or Revenues |
|
$58,784.64 |
|
$57,583.04 |
|
$52,431.98 |
| Cost of Goods Sold |
|
$16,979.37 |
|
$16,866.80 |
|
$14,335.26 |
|
|
|
|
|
|
|
| Gross Profit |
|
$41,805.27 |
|
$40,716.24 |
|
$38,096.71 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$23,509.11 |
|
$23,986.66 |
|
$25,422.61 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$18,296.16 |
|
$16,729.58 |
|
$12,674.10 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$10,620.30 |
|
$10,677.58 |
|
$9,457.28 |
| Non-Operating Income |
|
$1,321.32 |
|
$2,492.06 |
|
$2,014.27 |
| Interest Expense |
|
$3,801.20 |
|
$4,953.14 |
|
$4,885.76 |
|
|
|
|
|
|
|
| Pretax Income |
|
$5,195.99 |
|
$3,590.92 |
|
$345.33 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$1,377.84 |
|
$936.18 |
|
$14.44 |
| Minority Interest |
|
$278.05 |
|
$33.20 |
|
$149.90 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$3,818.15 |
|
$2,654.73 |
|
$330.90 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$2,867.05 |
|
|
|
|
|
|
|
| Net Income |
|
$3,540.10 |
|
$2,621.54 |
|
$3,048.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.63 |
|
$0.47 |
|
$0.64 |
| Diluted Earnings Per Share |
|
$0.63 |
|
$0.47 |
|
$0.62 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
5,592.86 |
|
5,061.00 |
|
4,928.00 |
| Weighted Average Diluted Shares Outstanding |
|
5,592.86 |
|
5,061.00 |
|
4,928.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$4,634.74 |
|
$6,089.18 |
|
$6,336.19 |
| Income From Non-Recurring Items |
|
($1,096.75) |
|
($3,467.29) |
|
($6,157.72) |
| Diluted Earnings Per Share before extras |
|
$0.84 |
|
$0.83 |
|
$1.23 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$1,824.72 |
|
$3,858.35 |
|
$7,000.60 |
| Dividend Per Share (common) |
|
$0.35 |
|
$0.77 |
|
$1.41 |
|
