| Income Statement for Sirius XM Radio Inc. (SIRI) | | | | After Hours: $ 0.51 |  0.0094 (+1.88%) | Volume: 316.99 k | 6:50 PM EDT Oct 6, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 922,066 | 637,235 | 242,245 | 66,854 | 12,872 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (549,956) | (697,968) | (184,943) | (120,914) | (86,774) | | Gross Operating Profit | 372,110 | (60,733) | 57,302 | (54,060) | (73,902) | | | Selling/General/Admin Expense | (329,435) | (831,115) | (743,142) | (498,354) | (243,741) | | Research & Development | (41,343) | (70,127) | (44,745) | (30,520) | (24,534) | | EBITDA | 1,332 | (961,975) | (730,585) | (582,934) | (342,177) | | Depreciation & Amortization | (106,780) | (105,749) | (98,555) | (95,370) | (95,353) | | EBIT | (105,448) | (1,067,724) | (829,140) | (678,304) | (437,530) | | Interest Income | 20,570 | 33,320 | 26,878 | 9,713 | 5,287 | | Other Income, Net | (407,611) | 79 | 89 | 2,016 | - | | Total Income Avail For Interest Expense | (492,489) | (1,038,770) | (815,325) | (666,575) | (175,705) | | Interest Expense | (70,328) | (64,032) | (45,361) | (41,386) | (50,510) | | Pre-Tax Income | (562,817) | (1,102,802) | (860,686) | (707,961) | (226,215) | | Income Taxes | (2,435) | (2,065) | (2,311) | (4,201) | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (565,252) | (1,104,867) | (862,997) | (712,162) | (226,215) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (565,252) | (1,104,867) | (862,997) | (712,162) | (226,215) | | | Normalized Income | (565,252) | (1,104,867) | (849,845) | (712,162) | (482,753) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (13,152) | - | 256,538 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (565,252) | (1,104,867) | (862,997) | (712,162) | (226,215) | | | 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 | - | - | - | - | 88,208 | | | Basic EPS from Continuing Operations | -0.39 | -0.79 | -0.65 | -0.57 | -0.38 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.39 | -0.79 | -0.65 | -0.57 | -0.38 | | | Diluted EPS from Continuing Operations | -0.39 | -0.79 | -0.65 | -0.57 | -0.38 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.39 | -0.79 | -0.65 | -0.57 | -0.38 | | | |
