For a reconciliation of 2005 core operating earnings to pretax loss as determined by generally accepted accounting principles, a reconciliation of 2005 pretax income
before impairments, restructuring costs and other special items to pretax loss and a reconciliation of 2005 free cash flow to net cash provided by operating activities, see the supplemental data page which, together with this press release, have been posted on the Company's website through the Investor Relations link at http://www.
Measured by consolidated pretax income
acquired from U.
from UGI's AmeriGas Propane operations was $26,500,000 for the quarter, down from $30,500,000 for the same period a year ago.
Revenues $268,729 $245,457 Cost of sales 251,030 232,940 Gross margin 17,699 12,517 Joint venture income 3,900 4,640 Interest expense 5,046 298 General and administrative expense 9,517 9,866 Other income 738 381 Homebuilding and corporate pretax income
7,774 7,374 Manufacturing pretax income
(loss) 1,427 (9)
For example, for one out of 10 companies studied, recognizing a 10% increase in retirement plan obligations as cost would have turned 2004 pretax income
into a loss.
for the six-month period was $905,689 in comparison with $445,045 for the same period a year ago, a 104 percent increase.
Included in the year-ago earnings was $439,000 in pretax income
from a Bank Enterprise Award (BEA) grant that M&F Bank received recognizing the support that the Bank has provided to economically distressed communities.
Third quarter domestic homebuilding pretax income
increased 44% to $618 million, up from prior year pretax income
of $1,471,000 for the year ended June 30, 1994 increased 19 percent from the pretax income
of $1,236,000 for the corresponding period of the prior year.
On a consolidated GAAP basis, BCBSFL earned pretax income
of $435 million in 2004 compared to GAAP pretax of income of $425 million in 2003.
increased 12% over prior year third quarter, on pretax income
Income demonstrated significant growth as well, with pretax income
up more than 100% from the previous recording period, from $229,400 to $470,100.