|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: NATIONAL FUEL GAS CO, 35-CERT, EX-99, 2000-11-30 |
Next: TENET HEALTHCARE CORP, SC 13G/A, 2000-11-30 |
Exhibit 2
HORIZON ENERGY DEVELOPMENT, INC.
INCOME STATEMENT
(Unaudited)
Three Months Ended
September 30, 2000
-----------------------
Operating Revenue:
Operating Revenue $11,750,577
-----------------------
Operating Expenses:
Fuel Used in Heat and Electric Generation 7,714,446
Operation Expenses 5,703,138
Maintenance Expenses 7,074
Property, Franchise & Other Taxes 543,013
Depreciation, Depletion & Amortization 2,799,157
-----------------------
Operating Expenses 16,766,828
-----------------------
Operating Loss (5,016,251)
-----------------------
Other Income 494,192
-----------------------
Interest Charges 2,772,143
-----------------------
Income Before Income Taxes (7,294,202)
-----------------------
Income Taxes - Current (3,939,148)
Income Taxes - Deferred 1,840,189
-----------------------
(2,098,959)
-----------------------
Minority Interest in Foreign Subsidiaries 870,869
-----------------------
Net Loss ($4,324,374)
=======================
|
|