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OPERATION
04/20/87
Through subsidiaries, provides intrastate, interstate and
international long distance telecommunications and information transport
services, a broad range of voice and data services including, Domestic
and Long Distance Service, Wide Area Telecommunications Services (WATS),
800 Service, 900 Dial It Services and a series of low, medium and high
speed digital voice and data services known as Accunet Digital Services.
Also manufactures telephone communications equipment and apparatus,
communications wire and cable, computers for use in communications
systems, as well as for general purposes, retails and leases telephone
communications equipment and provides research and development in
information and telecommunications technology. The company is subject to
the jurisdiction of the Federal Communications Commission with respect
to interstate and international rates, lines, services and other
matters. Terms: Net 30, cash and contract providing for progress
payments with final payment upon completion. The company's AT&T
Communications Inc subsidiary provides interstate and intrastate long
distance communications services for 80 million residential customers
and 7 million businesses. Sells to a wide variety of businesses,
government agencies, individuals and others. Nonseasonal.
EMPLOYEES: 317,000 including officers. 1,800 employed here.
FACILITIES: Owns premises in multi story steel building in good
condition. Premises neat.
LOCATION: Central business section on main street.
BRANCHES: The company's subsidiaries operate 19 major manufacturing
plants located throughout the United States containing a total 26.2
million square feet of space of which 1.49 million square feet were in
leased premises. There are 7 regional centers and 24 distribution
centers. In addition, there are numerous domestic and foreign branch
offices.
SUBSIDIARIES: The company had numerous subsidiaries as of Dec 31
1986. Subsidiaries perform the various services and other functions
described above. Its unconsolidated finance subsidiary, AT&T Credit
Corporation, provides financing to customers through leasing and
installment sales programs and purchases from AT&T's subsidiaries the
rights to receivables under long-term service agreements. Intercompany
relations consists of parent making occasional advances to subsidiaries
and service transactions settled on a convenience basis. A list of
principal subsidiaries as of Dec 31 1986 is on file at the Millburn, NJ
office of Dun & Bradstreet.
08-27(9Z0 /61) 00703 001 678 NH
Chemical Bank, 277 Park Ave; Marine Midland Bank, 140 Broadway; Chase
Manhattan Bank, 1 Chase Manhattan Plaza
12/31/86 COMBINATION FISCAL
(Figures are in THOUSANDS)
FINANCIALS % COMPANY INDST
COMPANY CHANGE % NORM %
Total Current Assets. . . . . 15,572,000 (8.0) 40.0 22.0
Fixed Assets. . . . . . . . . 21,078,000 (4.7) 54.2 35.6
Other Non-current Assets. . . 2,233,000 55.9 5.7 42.4
Total Assets. . . . . . . . . 38,883,000 (3.9) 100.0 100.0
Total Current Liabilities . . 11,217,000 (2.4) 28.8 11.6
Other Long Term Liab. . . . . 13,204,000 38.2 34.0 46.8
Net Worth . . . . . . . . . . 14,462,000 (1.2) 37.2 35.2
Total Liabilities & Worth. . 38,883,000 (3.9) 100.0 100.0
Net Sales . . . . . . . . . . 34,087,000 (2.4) 100.0 100.0
Gross Profit. . . . . . . . . 15,838,000 ---- 46.5 40.1
RATIOS % ---INDUSTRY QUARTILES---
COMPANY CHANGE UPPER MEDIAN LOWER
Quick Ratio . . . . . . . . . 0.9 (10.0) 2.9 1.2 0.6
Current Ratio . . . . . . . . 1.4 (6.7) 4.9 2.2 1.0
Total Liab to Net Worth (%) . 168.9 (4.3) 127.4 180.2 297.2
Sales to Inventory. . . . . . 9.7 32.9 56.2 33.8 20.0
Return on Sales (%) . . . . . 0.4 (91.1) 20.1 14.6 11.3
Return on Assets (%). . . . . 0.4 (89.5) 7.2 5.7 3.7
Return on Net Worth (%) . . . 1.0 (90.6) 19.0 15.9 12.8
Industry norms based on 469 firms,
with assets over $5 million.
End_of_File.
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Phrack Seventeen
07 April 1988
File 3 of 12 : Dun & Bradstreet Report on Pacific Telesis
Pacific Telesis Credit File, taken from Dun & Bradstreet by Elric of Imrryr
Name & Address: