FairPoint Communications 2004 Annual Report Download - page 514

ORANGE COUNTY - POUGHKEEPSIE LIMITED PARTNERSHIP
STATEMENTS OF OPERATIONS
YEARS ENDED DECEMBER 31, 2004, 2003 AND 2002
(Dollars in Thousands)
2004 2003 2002
OPERATING REVENUE:
Service revenue $163,367 $144,643 $114,591
OPERATING COSTS AND EXPENSES:
Cost of service (excluding depreciation and amortization related to network assets
included below) 16,854 17,248 11,652
General and administrative 2,242 2,123 2,900
Depreciation and amortization 5,521 5,179 4,225
Net loss (gain) on sale of property, plant and equipment 60 (3)(2)
Total operating costs and expenses 24,677 24,547 18,775
OPERATING INCOME 138,690 120,096 95,816
INTEREST AND OTHER INCOME - Net 980 1,472 1,553
NET INCOME $139,670 $121,568 $97,369
Allocation of Net Income:
Limited partners $20,950 $18,236 $14,606
General partners 118,720 103,332 82,763
See notes to financial statements.
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