CenturyLink 2015 Annual Report Download - page 87

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PERFORMANCE GRAPH
The graph below compares the cumulative total shareholder return on the Common Shares with the
cumulative total return of the S&P 500 Index and the S&P 500 Integrated Telecommunication Services Index for
the period from December 31, 2010 to December 31, 2015, in each case assuming (i) the investment of $100 on
January 1, 2011 at closing prices on December 31, 2010, and (ii) reinvestment of dividends.
$100.00
$76.92
$148.95
$180.56
$112.51
$144.16
$178.10
$85.49
$139.98
$156.70
$86.95
$118.39
$98.35
$125.73
$102.08
$106.32
$100.00
$250.00
$200.00
$150.00
CenturyLink Inc.
Standard & Poor 500
S&P 500 Integrated Telecom Services (1)
$50.00
2010 20152011 2012 2013 2014
December 31,
2010 2011 2012 2013 2014 2015
CenturyLink ............................. $100.00 $ 86.95 $ 98.35 $ 85.49 $112.51 $ 76.92
S&P 500 Index ........................... 100.00 102.08 118.39 156.70 178.10 180.56
S&P 500 Integrated Telecommunication Services
Index(1) ................................ 100.00 106.32 125.73 139.98 144.16 148.95
(1) As of December 31, 2015, the S&P 500 Integrated Telecommunication Services Index consisted of AT&T
Inc., CenturyLink, Frontier Communications Corporation, Level 3 Communications, Inc. and Verizon
Communications Inc.
76