Chesapeake Energy 1996 Annual Report Download - page 53

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
For theYear Ended June 30, 1994
($ in thnusanth)
Subsidiary
CEX Guarantors
Others Combined
$
Non-Guarantor
Subsidiaries Company
(Parent) Eliminations Consolidated
Revenues
Oil and gas sales $22,404 $ 22,404 $ $$ $ 22,404
Oil and gas service operations 6,439 6,439 6,439
Interest and other 622 622 359 981
22,404 7,061 29,465 359 29,824
Costs and expenses
Production expenses and taxes 3,185 462 3,647 3,647
Oil and gas service operations 5,199 5,199 5,199
Oil and gas depreciation,
depletion and amortization 8,141 8,141 8,141
Other depreciation
and amortization 171 1,536 1,707 164 1,871
General and administrative 823 2,169 2,992 143 3,135
Interest and other 507 1,492 1,999 677 2,676
12,827 10,858 23,685 984 24,669
Income (loss) before
income taxes 9,577 (3,797) 5,780 -(625) -5,155
Income tax expense (benefit) 1,400 1,400 (150) 1,250
Net income (loss) $9,577 $ (5,197) $ 4,380 $ $(475) $ $3,905
CHESA PEAKE EN CORPORATION
CONDENSED CONSOLIDATING STATEMENTS OF INCOME