| Income Statement for Timminco (TIM:CA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 166,156 | 176,238 | 184,348 | 123,631 | 99,170 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (159,650) | (163,746) | (166,852) | (112,298) | (79,310) | | Gross Operating Profit | 6,506 | 12,492 | 17,496 | 11,333 | 19,860 | | | Selling/General/Admin Expense | (16,573) | (14,011) | (15,012) | (10,851) | (8,451) | | Research & Development | - | - | - | - | - | | EBITDA | (10,067) | (1,519) | 2,484 | 482 | 11,409 | | Depreciation & Amortization | (3,696) | (6,919) | (7,652) | (4,973) | (5,789) | | EBIT | (13,763) | (8,438) | (5,168) | (4,491) | 5,620 | | Interest Income | - | - | - | - | - | | Other Income, Net | 636 | 2,121 | (159) | 2,081 | 197 | | Total Income Avail For Interest Expense | (16,562) | (42,764) | (9,569) | (5,159) | (1,789) | | Interest Expense | (2,684) | (3,433) | (2,699) | (1,721) | (1,785) | | Pre-Tax Income | (19,246) | (46,197) | (12,268) | (6,880) | (3,574) | | Income Taxes | 1,210 | (36) | (3,527) | (27) | (202) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (18,036) | (46,233) | (15,795) | (6,907) | (3,776) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (18,036) | (46,233) | (15,795) | (6,907) | (3,776) | | | Normalized Income | (18,399) | (12,849) | (11,032) | (4,084) | 3,830 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | 363 | (33,384) | (4,763) | (2,823) | (7,606) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (18,036) | (46,233) | (15,795) | (6,907) | (3,776) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.20 | -0.62 | -0.22 | -0.15 | -0.13 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.20 | -0.62 | -0.22 | -0.15 | -0.13 | | | Diluted EPS from Continuing Operations | -0.20 | -0.62 | -0.22 | -0.15 | -0.13 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.20 | -0.62 | -0.22 | -0.15 | -0.13 | | | |
