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Coll Period (days). . . . . . 55.9 34.3 51.6 67.8
Sales to Inventory. . . . . . ---- 52.1 32.6 20.1
Assets to Sales (%) . . . . . 231.0 216.7 268.2 353.0
Sales to Net Working Cap. . . ---- 7.2 3.1 1.7
Acct Pay to Sales (%) . . . . 11.3 6.2 10.9 15.4
(PROFITABILITY)
Return on Sales (%) . . . . . 10.6 18.5 13.1 9.8
Return on Assets (%). . . . . 4.6 7.0 5.3 3.3
Return on Net Worth (%) . . . 12.8 19.7 15.7 12.6
Industry norms based on 504 firms,
with assets over $5 million.
END OF DOCUMENT
Name & Address:
PACIFIC TELESIS GROUP (INC)
140 New Montgomery St
SAN FRANCISCO, CA 94105
Telephone: 415-882-8000
DUNS Number: 10-346-0846
Line of Business: TELECOMMUNICATION SERVICES
Primary SIC Code: 4811
Secondary SIC Codes: 2741 5063 5732 6159
Year Started: 1906 (12/31/86) COMBINATION FISCAL
Employees Total: 74,937 Sales: 8,977,300,000
Employees Here: 2,000 Net Worth: 7,753,300,000
This is a PUBLIC company
HISTORY
09/01/87
DONALD E GUINN, CHB PRES+ THEODORE J SAENGER, V CHB GROUP
PRES+
SAM L GINN, V CHB+ JOHN E HULSE, V CHB CFO+
ROBERT V R DALENBERG, EX V PRES BENTON W DIAL, EX V PRES-HUM
GEN COUNSEL SEC RESOURCES
ARTHUR C LATNO JR, EX V PRES THOMAS G CROSS, V PRES TREAS
FRANK V SPILLER, V PRES
COMPTROLLER
DIRECTOR(S): The officers identified by (+) and Norman Barker Jr,
William P Clark, Willaim K Coblentz, Myron Du Bain, Herman E Gallegos
James R Harvey, Ivan J Houston, Leslie L Luttgens, E L Mc Neely, S
Donley Ritchey, Willaim French Smith & Mary S Metz.
Incorporated Nevada Oct 26 1983. Authorized capital consists of
505,000,000 shares common stock, $.10 par value.
OUTSTANDING CAPITAL STOCK: Consists of following at Dec 31 1986:
215,274,878 common shares at a stated value of $21.5 million plus
additional paid in capital of $5,068.5 million.
The stock is publicly traded on the New York, Pacific and Midwest
Stock Exchanges. There were 1,170,161 common shareholders at Feb 1 1987.
Officers and directors as a group hold less than 1% of stock. No other
entity owned more than 5% of the common stock outstanding.
The authorized capital stock was increased to $1,100,000,000
shares in 1987 by Charter Amendment. In addition, the company declared a
two-for-one stock split in the form of a 100% stock dividend effective
Mar 25 1987.
BACKGROUND: This business was founded in 1906 as a California
Corporation. The Pacific Telephone & Telegraph Company formed Dec 31
1906. Majority of the stock was held by American Telephone & Telegraph
Co (A T & T), New York, NY, prior to divestiture.
DIVESTITURE: Pursuant to a court oder of the U S District Court for
the Distirict of Columbia, A T & T divested itself of the exchange,
telecommunications, exchange access and printing directory advertising
portions of its 22 wholly-owned subsidiary operating telephone
companies, including the Pacific Telephone & Telegraph Company. A T & T
retains ownership of the former A T & T long lines interstate
organization, as well as those portions of the subsidiaries that provide
interchange services and customer premises equipment. To accomplish the
divestiture, this regional holding company was formed, which took over
the applicable operations and assets of the Pacific Telephone &
Telegraph Company and its subsidiary, Bell Telephone Company of Nevada.
Stock in the subject was distributed to the shareholders of A T & T, who
also retained their existing A T & T Stock. The divestiture was
accomplished on Jan 1 1984.
RECENT EVENTS:During Jun 1986, the company completed the
acquisition of Communications Industries Inc, Dallas, TX.
In Dec 1986, the company's wholly-owned subsidiary Pac Tel Cellular
Inc of Michigan signed an agreement to purhcase five cellular telephone
properties for $316 million plus certain contingent payments. These five
systems operate under the name of Cellular One. This acquaition is
subject to regulatory and court approval and final legal review.
------------------------OFFICERS------------------------.
GUINN born 1932 married. 1954 received BSCE from Oregon State
University. 1954-60 with The Pacific Telephone & Telegraph Company, San
Francisco, CA. 1960-64 with Pacific Northwest Bell Telephone Co,