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TEXAS LIQUIDS, LLC
Statements of Income
Periods Ended July 31, 2000
(expressed in millions, rounded to hundred thousands of dollars)
(Unaudited, subject to adjustment)
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Month Four Months
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<S> <C> <C>
Revenues $16.4 $51.2
Cost of sales 15.7 48.9
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Gross margin 0.7 2.3
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Selling, general, and administrative:
Salaries and benefits 0.1 1.8
Selling and marketing 0.1 (0.3)
Office expense - 0.3
Depreciation and amortization - 0.1
Other - 0.1
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Total selling, general, and administrative 0.2 2.0
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Net income $ 0.5 $ 0.3
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