| Income Statement for General Communication Inc. (GNCMA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 520,311 | 477,482 | 443,026 | 424,826 | 390,797 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (180,480) | (157,369) | (134,861) | (139,563) | (125,383) | | Gross Operating Profit | 339,831 | 320,113 | 308,165 | 285,263 | 265,414 | | | Selling/General/Admin Expense | (192,494) | (171,652) | (155,542) | (146,286) | (138,515) | | Research & Development | - | - | - | - | - | | EBITDA | 147,337 | 148,461 | 152,623 | 138,977 | 126,899 | | Depreciation & Amortization | (86,327) | (82,099) | (77,532) | (66,903) | (61,120) | | EBIT | 61,010 | 66,362 | 75,091 | 72,074 | 65,779 | | Interest Income | 544 | 1,841 | 624 | 363 | 560 | | Other Income, Net | 36 | 463 | (2,797) | (6,136) | (5,434) | | Total Income Avail For Interest Expense | 61,590 | 68,666 | 70,951 | 66,301 | 60,905 | | Interest Expense | (36,125) | (34,413) | (34,116) | (27,586) | (34,745) | | Pre-Tax Income | 25,465 | 34,253 | 36,835 | 38,715 | 26,160 | | Income Taxes | (11,961) | (15,797) | (16,004) | (17,463) | (10,074) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 13,504 | 18,456 | 20,831 | 21,252 | 16,086 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 13,504 | 18,456 | 20,831 | 21,252 | 16,086 | | | Normalized Income | 13,504 | 18,456 | 22,798 | 21,252 | 16,086 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (1,967) | - | - | | Income from Cum. Effect of Acct Change | - | 64 | - | - | (544) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 13,504 | 18,520 | 20,831 | 21,252 | 15,542 | | | 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 | - | - | 148 | 1,503 | - | | | Basic EPS from Continuing Operations | 0.26 | 0.34 | 0.38 | 0.35 | 0.24 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.26 | 0.34 | 0.38 | 0.35 | 0.24 | | | Diluted EPS from Continuing Operations | 0.22 | 0.33 | 0.37 | 0.34 | 0.24 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.22 | 0.33 | 0.37 | 0.34 | 0.24 | | | |
