Frontier Communications 2011 Annual Report Download - page 70

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F-7
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2011, 2010 AND 2009
($ and shares in thousands)
Accumulated
Additional Other
Paid-In Retained Comprehensive Noncontrolling Total
Shares Amount Capital Earnings Loss Shares Amount Interest Equity
Balance December 31, 2008 349,456 87,364$ 1,117,936$ 38,163$ (237,152)$ (38,142) (487,266)$ 10,561$ 529,606$
Stock plans - - (5,359) - - 1,014 13,875 - 8,516
Dividends on common stock - - (156,176) (156,190) - - - - (312,366)
Net income - - - 120,783 - - - 2,398 123,181
Other comprehensive loss, net of tax - - - - (8,367) - - - (8,367)
Distributions - - - - - - - (1,500) (1,500)
Balance December 31, 2009 349,456 87,364 956,401 2,756 (245,519) (37,128) (473,391) 11,459 339,070
Acquisition of the Acquired Business 678,530 169,633 5,048,266 - - - - - 5,217,899
Stock plans - - (28,129) - - 2,997 40,105 - 11,976
Dividends on common stock - - (451,067) (78,322) - - - - (529,389)
Net income - - - 152,673 - - - 3,044 155,717
Other comprehensive income, net of tax - - - - 15,970 - - - 15,970
Distributions - - - - - - - (1,500) (1,500)
Balance December 31, 2010 1,027,986 256,997 5,525,471 77,107 (229,549) (34,131) (433,286) 13,003 5,209,743
Stock plans - - (5,701) - - 1,273 18,285 - 12,584
Dividends on common stock - - (746,387) - - - - - (746,387)
Net income - - - 149,614 - - - 7,994 157,608
Other comprehensive income, net of tax - - - - (157,414) - - - (157,414)
Distributions - - - - - - - (7,000) (7,000)
Balance December 31, 2011 1,027,986 256,997$ 4,773,383$ 226,721$ (386,963)$ (32,858) (415,001)$ 13,997$ 4,469,134$
Common Stock Treasury Stock
Frontier Shareholders
The accompanying Notes are an integral part of these Consolidated Financial Statements.