EX-99 4 r24_exh-a.txt EXHIBIT A Exhibit A Page 1 of 3 MYR GROUP INC. Consolidated Balance Sheet As of December 31, 2002 (Unaudited) Assets Current Assets: Cash and temporary cash investments $ 43,288,501 Accounts receivable: Contract 85,548,933 Associated companies 197,687 Other 186,491 Other 18,667,569 ----------- Total current assets 147,889,181 ----------- Other Property & Investments: Nonutility plant, net 16,313,266 Other investments 1,436,620 ----------- Total Other Property & Investments 17,749,886 ----------- Goodwill, net 60,686,935 ----------- Deferred Debits and Other Assets 10,448,000 ----------- Total Assets $236,774,002 =========== Exhibit A Page 2 of 3 MYR GROUP INC. Consolidated Balance Sheet As of December 31, 2002 (Unaudited) Liabilities and Stockholder's Equity Current Liabilities: Notes payable $ - Accounts payable 14,832,311 Accrued income taxes 4,937,435 Other 52,194,964 ----------- Total current liabilities 71,964,710 ----------- Non-Current Liabilities: Deferred income taxes 5,809,000 Other 220,495 ----------- Total non-current liabilities 6,029,495 ----------- Stockholder's Equity: Common stock & capital surplus 150,000,000 Retained earnings 8,779,797 ----------- Total stockholder's equity 158,779,797 ----------- Total Liabilities and Stockholder's Equity $236,774,002 =========== Exhibit A Page 3 of 3 MYR GROUP INC. Consolidated Statement of Income For the Twelve Months Ended December 31, 2002 (Unaudited) Operating Revenues $518,971,220 ----------- Operating Expenses: Operation and maintenance expenses 509,014,888 Provision for depreciation and amortization 1,648,237 ----------- Total operating expenses 510,663,125 ----------- Operating Income 8,308,095 Other Income & Deductions: Other income/(deductions) 250 263 Taxes - other income & deductions (3,015,343) ----------- Total other income & deductions (2,765,080) ----------- Income Before Net Interest Charges 5,543,015 Net interest charges - ----------- Net Income $ 5,543,015 ===========