10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN TOWER CORP /MA/

Ticker: AMT   Fiscal Year: 2009

Statement Of Income Alternative

Period Ending Dec 31, 2009 10-K (Filed: Mar 1, 2010)

(In Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2009Dec 31, 2008Dec 31, 2007
REVENUES:
Rental and management
$
1,668,420
1,547,0351,425,975
Network development services55,69446,46930,619
Total operating revenues1,724,1141,593,5041,456,594
 
OPERATING EXPENSES:
Costs of operations (exclusive of items shown separately below)
Rental and management383,990363,024343,450
Network development services32,38526,83116,172
Depreciation, amortization and accretion414,619405,332522,928
Selling, general, administrative and development expense (including stock-based compensation expense of $60,670, $54,807 and $54,603, respectively)201,694180,374186,483
Other operating expense19,16811,1899,198
Total operating expenses1,051,856986,7501,078,231
 
OPERATING INCOME672,258606,754378,363
 
OTHER INCOME (EXPENSE):
Interest income, TV Azteca, net of interest expense of $1,488, $1,489, and $1,490, respectively14,21014,25314,207
Interest income1,7223,41310,848
Interest expense(249,803)(253,584)(235,824)
Loss on retirement of long-term obligations(18,194)(4,904)(35,429)
Other income1,2945,98820,675
Total other expense(250,771)(234,834)(225,523)
 
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND INCOME ON EQUITY METHOD INVESTMENTS421,487371,920152,840
 
Income tax provision(182,565)(135,509)(59,809)
Income on equity method investments262219
INCOME FROM CONTINUING OPERATIONS238,948236,43393,050
 
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX BENEFIT (PROVISION) OF $3,140, $107,914, and $(6,191), RESPECTIVELY8,179110,982(36,396)
NET INCOME247,127347,41556,654
 
Net income attributable to noncontrolling interest(532)(169)(338)
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION246,595347,24656,316
 
NET INCOME PER COMMON SHARE AMOUNTS:
BASIC:
Income from continuing operations attributable to American Tower Corporation0.600.600.22
Income (loss) from discontinued operations attributable to American Tower Corporation0.020.28(0.09)
Net income attributable to American Tower Corporation0.620.880.14
 
DILUTED:
Income from continuing operations attributable to American Tower Corporation0.590.580.22
Income (loss) from discontinued operations attributable to American Tower Corporation0.020.27(0.09)
Net income attributable to American Tower Corporation0.610.840.13
 
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
BASIC398,375395,947413,167
DILUTED406,948418,357426,079
External Links 
AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2009
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip