December. 31 2000 2001 2002 2003 Summary Income Statement (for the year) Total Revenue Actual Projection Projection Projection $ Total Operating Expenses $ 30.45 $ 45.68 $ 70.00 $ 105.00 $ 157.50 $ 236.25 68.51 $ 102.77 Earnings Before Interest, Taxes, $ 39.55 $ 59.32 $ 88.99 $ 133.48 Depreciation & Amortization (EBITDA) Depreciation and Amortization $ 69.00 $ 129.00 $ 136.50 $ 144.00 Earnings Before Interest & Taxes (EBIT) $ (29.45) $ (69.68) $ (47.51) $ (10.52) Interest Expense $ 44.10 $ 79.20 $ 87.75 $ 87.75 Pre-tax Income Income Tax Expense Net Income $ (73.55) $ (148.88) $ (135.26) $ (98.27) (29.48) $ (22.07) $ (44.66) $ (40.58) $ $ (51.49) $ (104.22) $ (94.68) $ (68.79) 2000 2001 2002 2003 Summary Balance Sheet (year end) Total Current Assets Net Fixed Assets Total Assets Total Current Liabilities Long-term Debt Total Liabilities Common Stock Retained Earnings Total Shareholder's Equity Total Liabilities and Equity Dividends Capital Expenditures Changes in Working Capital (excluding cash and short-term debt) Actual Projection Projection Projection $ 113.12 $ 130.93 $ 222.07 $ 253.75 $ 391.00 $ 662.00 $ 575.50 $ 481.50 $ 504.12 $ 792.93 $ 797.57 $ 735.25 $ 5.60 $ 8.63 $ 12.95 $ 19.42 $ 490.00 $ 880.00 $ 975.00 $ 975.00 $ 495.60 $ 888.63 $ 987.95 $ 994.42 $ 60.00 $ 60.00 $ 60.00 $ 60.00 $ (51.49) $ (155.70) $ (250.38) $ (319.17) $ 8.51 $ (95.70) $ (190.38) $ (259.17) 792.93 $ 797.57 $ 735.25 $ 504.12 $ $ - $ - $ - $ $ 400.00 50.00 $ 50.00 $ 5.19 $ (4.32) $ (6.47)