| Income Statement for Westshore Un (WTE.UN:CA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 156,717 | 157,854 | 165,247 | 126,689 | 0 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (70,035) | (65,262) | (66,774) | - | 4,015 | | Gross Operating Profit | 86,682 | 92,592 | 98,473 | 126,689 | 4,015 | | | Selling/General/Admin Expense | (8,310) | (8,873) | (9,140) | (70,519) | (747) | | Research & Development | - | - | - | - | - | | EBITDA | 78,372 | 83,719 | 89,333 | 56,170 | 3,268 | | Depreciation & Amortization | (22,304) | (21,684) | (23,408) | (23,222) | (10,090) | | EBIT | 56,068 | 62,035 | 65,925 | 32,948 | (6,822) | | Interest Income | - | - | - | - | 37,302 | | Other Income, Net | 8,956 | 3,699 | 4,487 | 11,986 | 9,040 | | Total Income Avail For Interest Expense | 65,024 | 65,734 | 70,412 | 44,934 | 57,559 | | Interest Expense | - | - | - | (1,268) | (7,574) | | Pre-Tax Income | 65,024 | 65,734 | 70,412 | 43,666 | 49,985 | | Income Taxes | (6,738) | 9 | 42,804 | 4,700 | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 58,286 | 65,743 | 113,216 | 48,366 | 49,985 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 58,286 | 65,743 | 113,216 | 48,366 | 49,985 | | | Normalized Income | 58,286 | 65,743 | 113,216 | 48,366 | 31,087 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | 18,898 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | 7,295 | | Total Net Income | 58,286 | 65,743 | 113,216 | 48,366 | 57,280 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.14 | 1.26 | 1.02 | 0.85 | 0.70 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.79 | 0.93 | 1.61 | 0.69 | 0.71 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | | Basic EPS from Total Operations | 0.79 | 0.93 | 1.61 | 0.69 | 0.81 | | | Diluted EPS from Continuing Operations | 0.79 | 0.93 | 1.61 | 0.69 | 0.71 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | | Diluted EPS from Total Operations | 0.79 | 0.93 | 1.61 | 0.69 | 0.81 | | | |
