EX-99.2 3 a08-12703_2ex99d2.htm EX-99.2

Exhibit 99.2

 

PLIANT CORPORATION

Reconciliation of income from continuing operations before income taxes

and EBITDA(R) or Segment Profit

 

 

 

12 Months Ended

 

Amounts in $ millions

 

December 31, 2007

 

 

 

 

 

Loss from continuing operations before income taxes

 

$

(15.1

)

 

 

 

 

Add(deduct)

 

 

 

Depreciation and amortization

 

44.9

 

Interest

 

87.2

 

Restructuring and other costs

 

2.2

 

Reorganization and other costs

 

9.9

 

Gain on extinquishment of debt

 

(32.5

)

 

 

 

 

Segment profit

 

96.6

 

 

 

 

 

Plant closing cost savings

 

8.9

 

Reduction in workforce cost savings

 

6.3

 

 

 

 

 

Proforma EBITDAR

 

$

111.8