EX-99 4 myr_rule24-exha.txt EXHIBIT A Exhibit A Page 1 of 3 MYR GROUP INC. Consolidated Balance Sheet As of June 30, 2002 -------------------------- (Unaudited) Assets Current Assets: Cash and temporary cash investments $ 24,275,677 Accounts receivable: Contract 90,881,919 Other 997,629 Other 18,680,458 ----------- Total current assets 134,835,683 ----------- Other Property & Investments: Nonutility plant, net 17,593,151 Other investments 1,276,200 ----------- Total Other Property & Investments 18,869,351 ----------- Goodwill, net 61,268,374 ----------- Deferred Debits and Other Assets 10,448,000 ----------- Total Assets $225,421,408 =========== Exhibit A Page 2 of 3 MYR GROUP INC. Consolidated Balance Sheet As of June 30, 2002 --------------------------- (Unaudited) Liabilities and Stockholder's Equity Current Liabilities: Notes payable $ - Accounts payable 6,868,973 Accrued income taxes 4,680,971 Other 52,559,114 ----------- Total current liabilities 64,109,058 ----------- Non-Current Liabilities: Deferred income taxes 5,809,000 Other 307,393 ----------- Total long-term liabilities 6,116,393 ----------- Stockholder's Equity: Common stock & capital surplus 150,000,000 Retained earnings 5,195,957 ----------- Total stockholder's equity 155,195,957 ----------- Total Liabilities and Stockholder's Equity $225,421,408 =========== Exhibit A Page 3 of 3 MYR GROUP INC. Consolidated Statement of Income For the Twelve Months Ended June 30, 2002 (Unaudited) Operating Revenues $624,142,299 ----------- Operating Expenses: Operation and maintenance expenses 590,440,203 Provision for depreciation and amortization 5,363,810 Income taxes 16,438 ----------- Total operating expenses 595,820,451 ----------- Operating Income 28,321,848 Other Income & Deductions: Other income/(deductions) (24,116,910) Taxes - other income & deductions 6,845,633 ----------- Total other income & deductions (17,271,277) ----------- Income Before Net Interest Charges 11,050,571 Net interest charges 217,400 ----------- Net Income $ 10,833,171 ===========