| Income Statement for Value Line Inc. (VALU) | | | | | | | Income | in Thousands of Dollars | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Operating Revenue | 82,678 | 83,635 | 85,186 | 84,478 | 84,703 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (4,632) | (4,918) | (4,798) | (6,083) | (6,007) | | Gross Operating Profit | 78,046 | 78,717 | 80,388 | 78,395 | 78,696 | | | Selling/General/Admin Expense | (28,114) | (26,390) | (29,262) | (28,350) | (29,410) | | Research & Development | - | - | - | - | - | | EBITDA | 36,069 | 37,699 | 37,455 | 29,590 | 27,465 | | Depreciation & Amortization | (1,619) | (2,063) | (2,275) | (2,506) | (2,726) | | EBIT | 34,450 | 35,636 | 35,180 | 27,084 | 24,739 | | Interest Income | - | - | - | - | - | | Other Income, Net | 6,294 | 4,867 | 3,869 | 8,278 | 8,266 | | Total Income Avail For Interest Expense | 40,744 | 40,503 | 39,049 | 35,362 | 33,005 | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | 40,744 | 40,503 | 39,049 | 35,362 | 33,005 | | Income Taxes | (15,194) | (15,896) | (15,610) | (14,044) | (12,655) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 25,550 | 24,607 | 23,439 | 21,318 | 20,350 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 25,550 | 24,607 | 23,439 | 21,318 | 20,350 | | | Normalized Income | 25,550 | 24,607 | 23,439 | 21,318 | 20,350 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 25,550 | 24,607 | 23,439 | 21,318 | 20,350 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Dividends Paid Per Share | 1.20 | 1.10 | 1.00 | 18.50 | 1.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 2.56 | 2.47 | 2.35 | 2.14 | 2.04 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 2.56 | 2.47 | 2.35 | 2.14 | 2.04 | | | Diluted EPS from Continuing Operations | 2.56 | 2.47 | 2.35 | 2.14 | 2.04 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 2.56 | 2.47 | 2.35 | 2.14 | 2.04 | | | |
