| Income Statement for GemstarTV Guide International Inc. (GMST) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 627,743 | 571,254 | 604,192 | 732,300 | 878,652 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (199,106) | (435,772) | (548,131) | (588,197) | (710,905) | | Gross Operating Profit | 428,637 | 135,482 | 56,061 | 144,103 | 167,747 | | | Selling/General/Admin Expense | (322,642) | (35,434) | (61,587) | (79,307) | (203,037) | | Research & Development | - | - | - | - | - | | EBITDA | 105,995 | 100,048 | (5,526) | 64,796 | (35,290) | | Depreciation & Amortization | (40,133) | (33,181) | (30,140) | (40,548) | (172,940) | | EBIT | 65,862 | 66,867 | (35,666) | 24,248 | (208,230) | | Interest Income | 23,930 | 26,602 | 15,544 | 5,705 | - | | Other Income, Net | (1,009) | 757 | 337 | 14,722 | (3,105) | | Total Income Avail For Interest Expense | 88,783 | 94,226 | (19,785) | (76,874) | (627,816) | | Interest Expense | - | - | - | - | (6,164) | | Pre-Tax Income | 88,783 | 94,226 | (19,785) | (76,874) | (633,980) | | Income Taxes | 84,462 | (21,762) | 40,395 | 7,925 | 56,582 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 173,245 | 72,464 | 20,610 | (68,949) | (577,398) | | Net Income from Discontinued Operations | 3,641 | - | 34,205 | (25,512) | - | | Net Income from Total Operations | 176,886 | 72,464 | 54,815 | (94,461) | (577,398) | | | Normalized Income | 173,245 | 72,464 | 20,610 | 52,600 | (160,917) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | (121,549) | (416,481) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 176,886 | 72,464 | 54,815 | (94,461) | (577,398) | | | 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 | 0.40 | 0.17 | 0.05 | -0.16 | -1.41 | | Basic EPS from Discontinued Operations | 0.01 | 0.00 | 0.08 | -0.06 | 0.00 | | Basic EPS from Total Operations | 0.41 | 0.17 | 0.13 | -0.22 | -1.41 | | | Diluted EPS from Continuing Operations | 0.40 | 0.17 | 0.05 | -0.16 | -1.41 | | Diluted EPS from Discontinued Operations | 0.01 | 0.00 | 0.08 | -0.06 | 0.00 | | Diluted EPS from Total Operations | 0.41 | 0.17 | 0.13 | -0.22 | -1.41 | | | |
