| Income Statement for Vitran Corp. Inc. (VTNC) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 670,517 | 514,059 | 428,192 | 374,595 | 331,826 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (565,094) | (426,515) | (357,960) | (319,295) | (282,016) | | Gross Operating Profit | 105,423 | 87,544 | 70,232 | 55,300 | 49,810 | | | Selling/General/Admin Expense | (62,086) | (47,448) | (37,881) | (31,263) | (29,366) | | Research & Development | - | - | - | - | - | | EBITDA | 43,337 | 40,096 | 32,351 | 24,037 | 20,444 | | Depreciation & Amortization | (20,770) | (12,490) | (6,965) | (5,206) | (5,494) | | EBIT | 22,567 | 27,606 | 25,386 | 18,831 | 14,950 | | Interest Income | 128 | 227 | 473 | 667 | 26 | | Other Income, Net | 432 | 434 | 41 | 146 | (136) | | Total Income Avail For Interest Expense | 23,127 | 28,267 | 25,900 | 19,644 | 14,840 | | Interest Expense | (8,554) | (2,887) | (771) | (718) | (1,346) | | Pre-Tax Income | 14,573 | 25,380 | 25,129 | 18,926 | 13,494 | | Income Taxes | (863) | (6,122) | (7,191) | (3,983) | (3,158) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 13,710 | 19,258 | 17,938 | 14,943 | 10,336 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 13,710 | 19,258 | 17,938 | 14,943 | 10,336 | | | Normalized Income | 13,710 | 19,258 | 17,938 | 14,943 | 10,336 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | 141 | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 13,710 | 19,399 | 17,938 | 14,943 | 10,336 | | | 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 | 1.02 | 1.49 | 1.43 | 1.22 | 1.07 | | Basic EPS from Discontinued Operations | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.02 | 1.50 | 1.43 | 1.22 | 1.07 | | | Diluted EPS from Continuing Operations | 1.00 | 1.47 | 1.40 | 1.17 | 1.01 | | Diluted EPS from Discontinued Operations | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.00 | 1.48 | 1.40 | 1.17 | 1.01 | | | |
