EX-99.1 3 exh991lic8kpr51705table.txt EXH991LIC8KPR51705TABLE Lynch Interactive Corporation Attachment B Statements of Operations and Selected Balance Sheet Data Unaudited (In Thousands, Except Per Share Data) STATEMENTS OF OPERATIONS

Three Months Ended Percent March 31, Increase ===================== 2005 2004 (Decrease) Revenues .......................................... $ 21,618 $ 21,424 0.9% Cost and Expenses: Cost of service and sales ......................... 7,651 7,203 Selling, general and administration ............... 3,423 3,139 Corporate office expense .......................... 2,091 973 Depreciation and amortization ..................... 5,195 5,221 ---------------------- Operating profit, in accordance with generally accepted accounting principles 3,258 4,888 (33.3%) Other Income(Expense) Investment income ................................. 793 728 Interest expense .................................. (2,823) (2,819) Equity in earnings of affiliated companies ......... 711 712 ---------------------- (1,319) (1,379) ---------------------- Income (Loss) Before Income Taxes Minority Interests ......................................... 1,939 3,509 (Provision) Benefit For Income Taxes .............. (767) (1,449) Minority Interests ................................ (477) (457) ---------------------- Net Income (Loss) ............................... $ 695 $ 1,603 ====================== Weighted Average Shares Used In Earnings Per Share Computations ............................. 2,754 2,777 Basic and Diluted Earnings Per Share ............... $ 0.25 $ 0.58 Earnings Before Interest,Taxes, Depreciation, and Amortization - see Attachment A Operating Subsidiaries ............................. 10,544 11,082 -4.9% Corporate Office Expense ........................... (2,091) (973) ----------------------- Total EBITDA ....................................... 8,453 10,109 -16.4% Depreciation and amortization ...................... (5,195) (5,221) ----------------------- Operating profit, in accordance with generally accepted accounting princi $ 3,258 $ 4,888 ======================= Capital Expenditures ............................... $ 1,915 $ 2,614 SELECTED BALANCE SHEET DATA Mar. 31, Mar 31 Dec. 31, 2005 2004 2004 ----------------------------------- Cash and Cash Equivalents .......................... $ 29,698 $ 29,572 $ 27,214 Long-Term Debt ..................................... 167,888 173,459 168,966 Minority Interests ................................. 11,313 10,297 11,543 Shareholders' Equity ............................... 34,995 31,919 34,572 Shares Outstanding at Date ......................... 2,752 2,775 2,758