US Cellular 2008 Annual Report Download - page 122
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Exhibit 13
United States Cellular Corporation and Subsidiaries
Financial Reports Contents
Management’s Discussion and Analysis of Results of Operations and Financial Condition ........ 1
Overview ................................................................. 1
Results of Operations ........................................................ 3
Inflation .................................................................. 12
Recent Accounting Pronouncements ............................................. 12
Financial Resources ......................................................... 13
Liquidity and Capital Resources ................................................ 15
Application of Critical Accounting Policies and Estimates .............................. 20
Certain Relationships and Related Transactions ..................................... 26
Private Securities Litigation Reform Act of 1995 Safe Harbor Cautionary Statement ............ 27
Market Risk ............................................................... 30
Consolidated Statement of Operations ............................................. 31
Consolidated Statement of Cash Flows ............................................. 32
Consolidated Balance Sheet—Assets .............................................. 33
Consolidated Balance Sheet—Liabilities and Shareholders’ Equity ......................... 34
Consolidated Statement of Common Shareholders’ Equity ............................... 35
Notes to Consolidated Financial Statements ......................................... 38
Reports of Management ........................................................ 75
Report of Independent Registered Public Accounting Firm ............................... 77
Selected Consolidated Financial Data .............................................. 79
Five-Year Statistical Summary .................................................... 80
Consolidated Quarterly Information (Unaudited) ....................................... 81
Shareholder Information ........................................................ 82