| Income Statement for Velcro Industries N.V. (VELC) | | | | | | | Income | in Thousands of Dollars | | | 09/2003 | 09/2002 | 09/2001 | 09/2000 | 09/1999 | | | Operating Revenue | 261,242 | 252,531 | 253,672 | 277,588 | 255,460 | | Adjustments to Revenue | N/A | - | - | - | - | | Cost of Revenue | N/A | (144,737) | (157,764) | (161,160) | (147,456) | | Gross Operating Profit | 261,242 | 107,794 | 95,908 | 116,428 | 108,004 | | | Selling/General/Admin Expense | N/A | (54,613) | (50,209) | (53,869) | (49,498) | | Research & Development | N/A | - | - | - | - | | EBITDA | 261,242 | 53,181 | 45,699 | 62,559 | 58,506 | | Depreciation & Amortization | N/A | (18,937) | (18,047) | (16,386) | (13,810) | | EBIT | 261,242 | 34,244 | 27,652 | 46,173 | 44,696 | | Interest Income | N/A | 2,597 | 7,327 | - | - | | Other Income, Net | N/A | (142) | 640 | 12,573 | 12,453 | | Total Income Avail For Interest Expense | 261,242 | 36,699 | 35,619 | 58,746 | 57,149 | | Interest Expense | N/A | (2,134) | (3,487) | (3,836) | (5,308) | | Pre-Tax Income | 261,242 | 34,565 | 32,132 | 54,910 | 51,841 | | Income Taxes | N/A | (12,320) | (9,055) | (15,560) | (18,088) | | Minority Interest | N/A | (2) | (52) | (46) | 3 | | Net Income from Continuing Operations | 23,197 | 22,243 | 23,025 | 39,304 | 33,756 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 23,197 | 22,243 | 23,025 | 39,304 | 33,756 | | | Normalized Income | N/A | 22,243 | 23,025 | 39,304 | 33,756 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | N/A | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 23,197 | 22,243 | 23,025 | 39,304 | 33,756 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2003 | 09/2002 | 09/2001 | 09/2000 | 09/1999 | | | Dividends Paid Per Share | 0.30 | 0.15 | 0.26 | 0.22 | 0.20 | | Preferred Dividends | N/A | - | - | - | - | | | Basic EPS from Continuing Operations | 0.77 | 0.74 | 0.77 | 1.31 | 1.12 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.77 | 0.74 | 0.77 | 1.31 | 1.12 | | | Diluted EPS from Continuing Operations | 0.77 | 0.74 | 0.77 | 1.31 | 1.12 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.77 | 0.74 | 0.77 | 1.31 | 1.12 | | | |
