FairPoint Communications 2007 Annual Report Download - page 134

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ORANGE COUNTY — POUGHKEEPSIE LIMITED PARTNERSHIP
STATEMENTS OF OPERATIONS
YEARS ENDED DECEMBER 31, 2007, 2006 AND 2005
2007 2006 2005
(Dollars in thousands)
OPERATING REVENUE (see Note 4 for Transactions with Affiliates): Service revenues $ 151,382 $157,993 $ 180,508
OPERATING COSTS AND EXPENSES (see Note 4 for Transactions with Affiliates):
Cost of service (excluding depreciation and amortization related to network assets
included below) 22,535 24,449 25,292
General and administrative 3,179 2,623 2,142
Depreciation and amortization 6,069 6,720 6,347
Net loss on sale of property, plant and equipment — — 1
Total operating costs and expenses 31,783 33,792 33,782
OPERATING INCOME 119,599 124,201 146,726
INTEREST INCOME — Net 1,345 693 782
NET INCOME $ 120,944 $ 124,894 $ 147,508
Allocation of Net Income:
Limited partners $ 18,141 $ 18,734 $ 22,126
General Partner 102,803 106,160 125,382
See notes to financial statements.
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