For Immediate Release<BR> July 9, 1997

For Immediate Release July 9, 1997

NTT Submits Separate Profit and Loss Statements for Services to Posts and Telecommunications Minister

Nippon Telegraph and Telephone Corporation (NTT) has prepared separate profit and loss statements for telecommunication, telephone and leased-circuit services in accordance with Article 5 of Japan's Telecommunications Business Accounting Regulations, and submitted these financial documents to the Minister of Posts and Telecommunications in accordance with Article 17 of the same regulations.

Attachment 1:

Service-Specific Balance Sheet

Service Operating Revenues Operating Expenses Profit on Operations
Phone 5,082,166 4,590,951 491,214
Telegraph 1,797 1,917 -120
Telegram 98,355 99,799 -1,444
Leased line 525,967 488,168 37,798
Digital transmission 44,711 39,816 4,895
Line switching 2,076 2,489 -412
Packet switching 42,634 37,327 5,307
Others 256,752 325,006 -68,253
(ISDN: listed again) 233,673 285,867 -52,194
Total 6,009,751 5,545,660 464,091
Unit:one million yen
Note: Services "listed again" are those which account for more than 10% of the category's total sales revenues or expenses.

Attachment 2:

Telephone Services Balance Sheet

Service Operating Revenues Operating Expenses Profit on Operations
Subscription 4,410,433 3,792,461 617,971
Basic fee 1,408,925 1,350,125 58,799
Local calls 1,907,410 1,676,296 231,113
Toll calls 752,253 410,832 341,421
Others 341,843 355,206 -13,362
Pay phones 219,602 259,199 -39,597
Mobile phones 1,666 2,436 -769
Others 450,464 536,853 -86,389
Total 5,082,166 4,590,951 491,214
Unit:one million yen
Notes:
1: Operating revenues in the local and long-distance call categories are computed based on estimated communications traffic volume ratio (???) obtained from sample surveys.
2: Revenues from other mobile communications fees are included under transmitter telecommunications equipment services. (???)
Note: The telephone directory service, included in other services, had operating revenues of 48,634 million yen, operating expenses of 144,079 million yen and losses on operations of 95,445 million yen.

Attachment 3:

Leased Line Balance Sheet

Service Operating Revenues Operating Expenses Profit on Operations
General leased lines 235,108 251,726 -16,617
Local leased lines 159,481 215,915 -56,434
Toll leased line 75,627 35,810 39,817
High-speed digital
leased line 127,836 119,320 8,516
Local leased line 79,137 82,506 -3,368
Toll leased line 48,699 36,813 11,885
Others 163,021 117,122 45,899
Total 525,967 488,168 37,798
Unit: one million yen


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