Q4 2004 Earnings

Reported June 30, 2004

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q4 2004	Q3 2004	Q4 2003	QoQ Change	YoY Change
Revenue	$325M	—	—	—	—
Op. Income	-$94M	—	—	—	—
Gross Margin	0.4%	—	—	—	—
Net Margin	-20.3%	—	—	—	—
EPS (Diluted)	$-0.26	—	—	—	—

Income Statement

Item	Amount
REVENUE	$325M
Cost of Revenue	$324M
GROSS PROFIT	$1M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$11M
Other Expenses	$0
Operating Expenses	$69M
Cost & Expenses	$393M
OPERATING INCOME	-$94M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$4M
INCOME BEFORE TAX	-$98M
Income Tax Expense	-$29M
Net Income from Continuing Ops	-$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$66M
D&A	$41M
EBIT	-$68M
EBITDA	-$26M
EPS	-$0
EPS Diluted	-$0