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Previous: CITYFED FINANCIAL CORP, 10QSB, 2000-11-14 |
Next: CITYFED FINANCIAL CORP, 10QSB, EX-27, 2000-11-14 |
Exhibit 11
CityFed Financial Corp.
Statement Regarding the Computation of Per Share Loss
Nine Months Ended
September 30,
2000 1999
---- ----
Computation of Loss Per Share:
Weighted average number of shares
outstanding 18,715,609 18,715,609
Loss applicable to common stock:(1)
From continuing operations $(6,361,000) $(6,273,000)
============ ============
From discontinued operations $(1,037,000) $ -
============ ============
Net loss $(7,398,000) $(6,273,000)
============ ============
Basic loss per share:
From continuing operations $ (0.34) $ (0.34)
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From discontinued operations $ (0.06) $ -
=========== ============
Net loss $ (0.40) $ (0.34)
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(1) Losses applicable to Common Stock are net of preferred stock dividends
for the nine months ended September 30, 2000 and 1999 in the amount of
$6,476,000.
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