VZ » Topics » Verizon Center Relocation, Net

This excerpt taken from the VZ 8-K filed Nov 2, 2009.

Verizon Center Relocation, Net

During 2006, we recorded pretax charges of $184 million ($118 million after-tax) in connection with the relocation of employees and business operations to Verizon Center located in Basking Ridge, New Jersey.

 

Note 7

 

Investments in Unconsolidated Businesses

Our investments in unconsolidated businesses are comprised of the following:

 

     (dollars in millions)
At December 31,    Ownership     2008
Investment
   Ownership     2007
Investment

Equity Investees

         

Vodafone Omnitel

   23.1   $ 2,182    23.1   $ 2,313

Other

   Various        877    Various        744
                 

Total equity investees

       3,059        3,057

Cost Investees

   Various        334    Various        315
                 

Total investments in unconsolidated businesses

     $ 3,393      $ 3,372
                 

Dividends and repatriations of foreign earnings received from these investees amounted to $779 million in 2008, $2,571 million in 2007 and $42 million in 2006.

These excerpts taken from the VZ 10-K filed Feb 24, 2009.

Verizon Center Relocation, Net

During 2006, we recorded pretax charges of $184 million ($118 million after-tax) in connection with the relocation of employees and business operations to Verizon Center located in Basking Ridge, New Jersey.

 

Note 7

 

Investments in Unconsolidated Businesses

 

Our investments in unconsolidated businesses are comprised of the following:

 

     (dollars in millions)
     2008    2007
At December 31,    Ownership     Investment    Ownership     Investment

Equity Investees

         

Vodafone Omnitel

   23.1 %   $ 2,182    23.1 %   $ 2,313

Other

   Various       877    Various       744
                 

Total equity investees

       3,059        3,057

Cost Investees

   Various       334    Various       315
                 

Total investments in unconsolidated businesses

     $ 3,393      $ 3,372
                 

Dividends and repatriations of foreign earnings received from these investees amounted to $779 million in 2008, $2,571 million in 2007 and $42 million in 2006.

Verizon Center Relocation, Net

ALIGN="justify">During 2006, we recorded pretax charges of $184 million ($118 million after-tax) in connection with the relocation of employees and business operations to Verizon Center located in Basking
Ridge, New Jersey.

 








Note 7

STYLE="font-size:1px;margin-top:0px;margin-bottom:1px"> 








SIZE="2">Investments in Unconsolidated Businesses

 

Our investments in unconsolidated businesses are comprised of the following:

STYLE="font-size:12px;margin-top:0px;margin-bottom:0px"> 












































































































































































   (dollars in millions)
   2008  2007
At December 31,  Ownership  Investment  Ownership  Investment

Equity Investees

      

Vodafone Omnitel

  23.1% $2,182  23.1% $2,313

Other

  Various   877  Various   744
          

Total equity investees

    3,059    3,057

Cost Investees

  Various   334  Various   315
          

Total investments in unconsolidated businesses

   $3,393   $3,372
          

Dividends and repatriations of foreign earnings received from these investees amounted to $779
million in 2008, $2,571 million in 2007 and $42 million in 2006.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki