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TDS’s mission is to provide outstanding communication services to our customers and meet the needs of our shareholders, our people and
our communities.

Printable version of Highlights

  2003
(as restated
)   2002
(as restated
) percent
change
from
2002
 

(Dollars in thousands, except per share amounts)
       
Operating Revenues        
U.S. Cellular $ 2,582,783     $ 2,197,586   18 %
TDS Telecom   862,433     800,888   8 %
  $ 3,445,216   $ 2,998,474   15 %
                 
Operating Income   267,888     386,355   (31 )%
Depreciation, Amortization and Accretion   595,732     510,445   17 %
Operating Income before Depreciation,
     Amortization and Accretion*
  863,620     896,800   (4 )%
Loss on Impairment of Intangible Assets   49,595       n/m  
Loss on Assets Held for Sale and
      Impairment of Assets
  50,822       n/m  
As Adjusted* $ 964,037   $ 896,800   7 %
                 
Income (Loss) From
      Continuing Operations
$ 60,006   $ (987,737 ) n/m  
Basic Weighted Average Common Shares (000s)   57,721     58,644   (2 )%
Basic Earnings per Share $ 0.80   $ (16.97 ) n/m  
Diluted Earnings per Share   0.79     (16.97 ) n/m  
Dividends per Share   0.62     0.58   7 %
Common Stockholders’ Equity $ 3,078,872   $ 3,042,222   1 %
Return on Average Equity   2.0 %   (30.1 )% n/m  
Capital Expenditures $ 776,967   $ 899,050   (14 )%
Total Assets $ 10,193,338   $ 9,671,784   5 %
Wireless Customers   4,409,000     4,103,000   7 %
Telephone Access Line Equivalents        
ILEC   722,200     711,200   2 %
CLEC   364,800     291,400   25 %
Common Share Record Owners   1,905     2,285   (17 )%
Total Employees   10,900     11,100   (2 )%
(n/m = percentage change not meaningful)          
*See Supplemental Shareholder Information for a discussion of reasons for the use of non-GAAP financial information.
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