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annual report 2020 at&t

2020 ATT Annual Reports: Examining Trends and Enduring Challenges

By  rachel stohl project director  •  ryan fletcher research  •  shannon dick research, in conventional arms.

annual report 2020 at&t

The Arms Trade Treaty (ATT) requires States Parties to submit a report to the ATT Secretariat each year on authorized or actual exports and imports of conventional arms that occurred during the previous calendar year.

This analysis highlights trends in reporting compliance, private reporting – in which States Parties only make their reports available to other States Parties and not for public analysis – and reporting behaviors, focusing specifically on the 2020 ATT annual reports and comparing current data to trends over the previous five years.

Introduction

The ATT requires States Parties to submit a report to the ATT Secretariat each year on authorized or actual exports and imports of conventional arms that occurred during the previous calendar year. These reports, referred to as the ATT annual reports, are due by 31 May of each year. However, the ATT Secretariat extends a seven-day grace period to States Parties, creating a de facto reporting deadline of 7 June. 

Since 2016, when States Parties were first required to submit annual reports on arms exports and imports, the number of States Parties that have fulfilled their ATT annual reporting requirements each year has fluctuated. Overall, ATT annual reporting compliance has averaged around 69 percent over the last six years, demonstrating some gaps in and challenges to global arms trade transparency as well as good practice in reporting on annual arms transfers. 

This year’s analysis aims to assess States Parties’ commitments to and advancement of transparency, as exemplified by their patterns of reporting on annual arms exports and imports. The analysis highlights trends in reporting compliance, private reporting – in which States Parties only make their reports available to other States Parties and not for public analysis – and reporting behaviors, focusing specifically on the 2020 ATT annual reports and comparing current data to trends over the previous five years. 

The report is organized into five sections. Section one examines the current status of reporting for the 2020 ATT annual reports and reflects on the ways in which the ongoing COVID-19 pandemic may be affecting States Parties’ reporting efforts. Section two highlights practices and trends in how States Parties have reported on their annual arms exports and imports – and includes insights on private versus public reporting behaviors, an examination of the different formats States Parties have used to submit their ATT annual reports, an overview of nil reporting, and comparisons of States Parties that chose to withhold commercially sensitive and/or national security-related information from their reports. Section three provides an in-depth look at what States Parties reported in their 2020 annual reports and compares this information to previous years. Section four offers a comparison of ATT reporting patterns to those of the UN Register of Conventional Arms (UNROCA) and spotlights transparency trends and inconsistencies. Section five concludes the report with commentary on challenges in ATT annual reporting that have emerged over the last six years and contains insights on assistance available for addressing these challenges and strengthening ATT reporting and transparency in the arms trade overall.

Methodology

This report contains information about the 59 ATT annual reports on 2020 arms transfers that appeared on the ATT Secretariat’s website as of 17 September 2021. Analysis of detailed arms transfer data is drawn from the reports of the 42 States Parties that elected to report publicly on their 2020 arms transfers and does not reflect information on the 17 States Parties that submitted private reports. Percentages are rounded to the nearest whole number. To facilitate a comparative analysis between ATT annual reports and other national reports, this report also draws from reports submitted to the UN Register of Conventional Arms (UNROCA), which cover international arms transfers undertaken in calendar year 2020. Finally, this report contains information provided by the ATT Secretariat, which offers insight on ATT reporting obligations and compliance and helps clarify State Parties’ submissions.

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AT&T Financial Statements 2009-2023 | T

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Att Inc. (T) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, December 31, 2022

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Expense declines were also driven by credits from a third-quarter 2022 retirement benefit plan change and lower amortization of deferred fulfillment costs, including our first-quarter 2022 updates to the estimated economic lives of subscribers, which decreased expense approximately $115 in 2022.

In the first quarter of 2022, we updated our analysis of economic lives of customer relationships and extended the amortization period of Mobility deferred customer contract costs, which decreased expense approximately $150.

Also, inflation pressure and lower projected cash flows driven by secular declines, predominantly at Business Wireline, impacted the fair values.

Future sustained declines in macroeconomic or business conditions, or higher discount rates or declines in the value of AT&T stock could result in goodwill impairment charges in future periods.

The 2021 decline reflects our 2021 business divestitures, lower bad debt expense and lower personnel costs associated with our transformation initiatives.

Churn The effective management of... Read more

Operations and support expenses decreased... Read more

If all other factors were... Read more

Also contributing to the decline... Read more

Dollars in millions except per... Read more

Our 2022 benefit expense also... Read more

Amortization expense decreased $49, or... Read more

We have increased our expected... Read more

Operations and support expenses increased... Read more

Cash Provided by Operating Activities... Read more

If either the projected rate... Read more

For capital improvements, we have... Read more

Depreciation expense decreased $1,394, or... Read more

The increases are primarily driven... Read more

Investment returns on these assets... Read more

We believe that our simplified... Read more

To the extent customers further... Read more

Correspondingly, this recast lowered administrative... Read more

The software benefits of our... Read more

As part of our transformation... Read more

We are restructuring businesses, sunsetting... Read more

Should actual experience differ from... Read more

Capital expenditures in 2022 were... Read more

LIQUIDITY AND CAPITAL RESOURCES We... Read more

Our licensing, compliance and advocacy... Read more

The increase in 2021 was... Read more

In addition, our policy of... Read more

For discontinued operations, we also... Read more

The increase in 2022 was... Read more

Legislative, regulatory and litigation actions... Read more

On May 13, 2022, NTIA... Read more

Income Taxes Our estimates of... Read more

OPERATING ENVIRONMENT AND TRENDS OF... Read more

Depreciation and amortization expense increased... Read more

Equipment revenues decreased in 2022,... Read more

Impairment charges in 2021 were... Read more

In the Telecommunications Act of... Read more

These bonds had an average... Read more

Additionally, we are responsible for... Read more

Additionally, we entered into an... Read more

These inflows were exceeded by... Read more

We continue to transform our... Read more

The increase in 2022 also... Read more

The vast majority of our... Read more

The increase was primarily due... Read more

We continue to support regulatory... Read more

Wireless We expect to continue... Read more

This recast increased Corporate operations... Read more

Equipment revenues increased in 2022,... Read more

The decline in fair values... Read more

In recent years, the FCC... Read more

Improving fiber penetration, accelerating subscriber... Read more

We had $133,207 of total... Read more

The minimum commitment for certain... Read more

Partially offsetting revenue declines was... Read more

The decrease in 2022 was... Read more

Equipment revenue increased in 2022,... Read more

Included on our consolidated balance... Read more

The IIJA also appropriated $14,200... Read more

These investments will help prepare... Read more

We determined our discount rate... Read more

We received the licenses in... Read more

The main contracts included the... Read more

The IIJA includes various provisions... Read more

We paid $5,854 of pension... Read more

We are in a period... Read more

Wireless equipment costs were up... Read more

With the certainty of redemption,... Read more

Total health and welfare benefits... Read more

Our effective tax rate was... Read more

The following tables highlight other... Read more

The effective tax rate was... Read more

Approximately 5% of Mexico expenses... Read more

Postpaid churn and postpaid phone-only... Read more

7Represents future minimum payments under... Read more

Operating income increased in 2022... Read more

EBITDA is used as part... Read more

Of those benefits, approximately $2,840... Read more

In 2022, we placed $5,817... Read more

Contractual Obligations Our contractual obligations... Read more

The IIJA also appropriated funds... Read more

Integration of Data and Broadband... Read more

In addition, for payments to... Read more

Financial Statements, Disclosures and Schedules Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more AT&T Inc. provided additional information to their SEC Filing as exhibits
Ticker: T CIK: 732717 Form Type: 10-K Annual Report Accession Number: 0000732717-23-000011 Submitted to the SEC: Mon Feb 13 2023 4:11:56 PM EST Accepted by the SEC: Mon Feb 13 2023 Period: Saturday, December 31, 2022 Industry: Telephone Communications No Radiotelephone

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  12. AT&T Financial Statements 2009-2023

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