AT&T INC.
CONSOLIDATED STATEMENTS OF INCOME
FOR THE QUARTERS AND YEAR ENDED 2009
Dollars in millions
		For the Quarter Ended (Unaudited)																For the Year
		Mar 31,				Jun 30,				Sep 30,				Dec 31,				Ended *
Total Operating Revenues		$	30,571			$	30,734			$	30,855			$	30,858			$	123,018
Total Operating Expenses			24,834				25,228				25,467				25,997				101,526
Total Operating Income			5,737				5,506				5,388				4,861				21,492
Interest expense			849				879				853				798				3,379
Equity in Net Income of Affiliates			137				231				181				185				734
Other income (expense) - net			(15	)			31				27				109				152
Income Before Income Taxes			5,010				4,889				4,743				4,357				18,999
Provision (benefit) for income taxes			1,809				1,613				1,468				1,266				6,156
Net Income			3,201				3,276				3,275				3,091				12,843
Less: Net Income Attributable to Noncontrolling Interest			(75	)			(78	)			(83	)			(72	)			(308	)
Net Income Attributable to AT&T		$	3,126			$	3,198			$	3,192			$	3,019			$	12,535
Depreciation and amortization expenses
included in Total Operating Expenses		$	4,886			$	4,903			$	4,910			$	5,015			$	19,714
* Audited
AT&T INC.
CONSOLIDATED STATEMENTS OF INCOME
FOR THE QUARTERS AND YEAR ENDED 2008
Dollars in millions
		For the Quarter Ended (Unaudited)																For the Year
		Mar 31,				Jun 30,				Sep 30,				Dec 31,				Ended *
Total Operating Revenues		$	30,744			$	30,866			$	31,342			$	31,076			$	124,028
Total Operating Expenses			24,764				24,299				25,724				26,178				100,965
Total Operating Income			5,980				6,567				5,618				4,898				23,063
Interest expense			865				854				858				813				3,390
Equity in Net Income of Affiliates			243				212				257				107				819
Other income (expense) - net			91				29				(23	)			(425	)			(328	)
Income Before Income Taxes			5,449				5,954				4,994				3,767				20,164
Provision (benefit) for income taxes			1,930				2,111				1,705				1,290				7,036
Net Income			3,519				3,843				3,289				2,477				13,128
Less: Net Income Attributable to Noncontrolling Interest			(58	)			(71	)			(59	)			(73	)			(261	)
Net Income Attributable to AT&T		$	3,461			$	3,772			$	3,230			$	2,404			$	12,867
Depreciation and amortization expenses
included in Total Operating Expenses		$	4,903			$	4,958			$	4,978			$	5,044			$	19,883
* Audited