1、2011 Annual ReportFinancial and Corporate Responsibility Performancea truer connectionFinancial HigHligHts(as of December 31,2011)$107.8$106.6$110.9$31.4$33.4$29.8$1.925$1.870$1.975DIVIDENDS DECLARED PER SHARE091011$2.26$2.15$2.15$2.20ADJUSTED DILUTED EARNINGS PER SHARE(NON-GAAP)091011$0.85$1.72$0.9
2、0091011REPORTED DILUTED EARNINGS PER SHARE CONSOLIDATED REVENUES(BILLIONS)OPERATING CASH FLOW(BILLIONS)091011091011cORPORatE HigHligHts$13.5billioninfreecashflow(non-GAAP)6.2%growthinadjustedrevenues(non-GAAP)18.2%totalshareownerreturn 2.6%annualdividendincrease 5.4millionnewwirelessconnections 0.95
3、%wirelesspostpaidchurn 6.3%growthinwirelessretailservicerevenue 21.0%growthinwirelessdatarevenue 735,000newFiOSInternetconnections 701,000newFiOSVideoconnections 20.1%growthinFiOSrevenue 15.2%growthinenterprisestrategicservicesrevenueNote:Prior-period amounts have been reclassified to reflect compar
4、able results.See for reconciliations to generally accepted accounting principles(GAAP)for the non-GAAP financial measures included in this annual report.Reclassifications of prior period amounts have been made,where appropriate,to reflect comparable operating results for the divestiture of overlappi
5、ng wireless properties in 105 operating markets in 24 states during the first half of 2010;the wireless deferred revenue adjustment that was disclosed in Verizons Form 10-Q for the period ended June 30,2010;and the spinoff to Frontier of local exchange and related landline assets in 14 states,effect
6、ive on July 1,2010.In keeping with Verizons commitment to protect the environment,this report was printed on paper certified by the Forest Stewardship Council(FSC).By selecting FSC-certified paper,Verizon is helping to make a difference by supporting responsible forest management practices.verizon c