Red Oak Hereford Farms Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 1999	FY 1998	FY 1997	FY 1996
Period Ending	Sep '00 Sep 30, 2000	Dec '99 Dec 31, 1999	Dec '98 Dec 31, 1998	Dec '97 Dec 31, 1997	Dec '96 Dec 31, 1996
Revenue	62.18	71.57	68.76	105.33	123.42
Revenue Growth (YoY)	-12.73%	4.08%	-34.72%	-14.66%	-
Cost of Revenue	60.22	68.72	67.57	103.29	121.02
Gross Profit	1.96	2.85	1.2	2.03	2.4
Selling, General & Admin	6.42	5.34	5.91	6.25	4.95
Operating Expenses	6.42	5.34	5.91	6.25	4.95
Operating Income	-4.46	-2.5	-4.72	-4.22	-2.55
Interest Expense	-1.15	-1.01	-0.43	-0.34	-0.36
Interest & Investment Income	0.03	0.02	0.01	0.06	-
Earnings From Equity Investments	-0	-0.02	-0.66	-	-
Other Non Operating Income (Expenses)	0.11	-0.29	-0.88	-	-
Pretax Income	-5.47	-3.79	-6.68	-4.5	-2.91
Earnings From Continuing Operations	-5.47	-3.79	-6.68	-4.5	-2.91
Minority Interest in Earnings	0.07	0.17	0.1	-	-
Net Income	-5.41	-3.62	-6.58	-4.5	-2.91
Preferred Dividends & Other Adjustments	0.18	0.01	0.16	0.02	-
Net Income to Common	-5.59	-3.63	-6.74	-4.52	-2.91
Shares Outstanding (Basic)	16	16	15	14	12
Shares Outstanding (Diluted)	16	16	15	14	12
Shares Change (YoY)	5.24%	5.57%	8.08%	8.96%	-
EPS (Basic)	-0.35	-0.23	-0.46	-0.33	-0.23
EPS (Diluted)	-0.35	-0.23	-0.46	-0.33	-0.23
Free Cash Flow	-8.9	-4.06	-0.27	-5.59	-1.69
Free Cash Flow Per Share	-0.55	-0.26	-0.02	-0.41	-0.14
Gross Margin	3.16%	3.98%	1.74%	1.93%	1.94%
Operating Margin	-7.17%	-3.49%	-6.86%	-4.00%	-2.07%
Profit Margin	-8.98%	-5.08%	-9.80%	-4.29%	-2.36%
Free Cash Flow Margin	-14.31%	-5.68%	-0.39%	-5.31%	-1.37%
EBITDA	-4.33	-2.38	-4.59	-4.12	-2.47
EBITDA Margin	-6.97%	-3.32%	-6.67%	-3.92%	-2.00%
D&A For EBITDA	0.13	0.12	0.13	0.09	0.08
EBIT	-4.46	-2.5	-4.72	-4.22	-2.55
EBIT Margin	-7.17%	-3.49%	-6.86%	-4.00%	-2.07%
Advertising Expenses	-	0.23	0.28	0.76	-