Income Statement for YORK RESEARCH CORP (YORK)

Income Statement for YORK RESEARCH CORP
Feb 28, 2001 Feb 28, 2000 Feb 28, 1999
Profit
Total Revenue 37,298,000 22,533,000 972,882,000
Cost of Revenue 22,388,000 10,819,000 958,688,000
Gross Profit 14,910,000 11,715,000 14,193,000
Operating Expenses
Research Development - - -
Selling General and Administrative 8,949,000 11,258,000 11,645,000
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss 5,960,000 457,000 2,548,000
Income from Continuing Operations
Total Other Income/Expenses Net 15,578,000 12,166,000 13,050,000
Earnings Before Interest And Taxes 20,916,000 12,067,000 15,052,000
Interest Expense 17,892,000 8,483,000 6,300,000
Income Before Tax 3,024,000 3,585,000 8,752,000
Income Tax Expense -736,000 - 3,900,000
Minority Interest -622,000 -555,000 -547,000
Net Income From Continuing Ops 3,760,000 3,585,000 4,852,000
Non-recurring Events
Discontinued Operations - -34,726,000 -10,842,000
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income 3,760,000 -31,142,000 -5,990,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 3,760,000 -31,142,000 -5,990,000