Exhibit 99.2

Encore Capital Group, Inc.
Supplemental Financial Information
Reconciliation of GAAP Net Income to
Net Income Excluding One-Time Benefits and Charges
For the Quarters Ended December 31, 2003 and 2002
(in thousands)

	For the Quarter Ended,
		Dec 31			Sep 30			Jun 30			Mar 31
2003
GAAP, as reported	$	3,841		$	3,104		$	3,309		$	8,166
Gain on settlement of litigation		–			–			–			(4,376	)
Write off of deferred costs		528			–			–			–
Net income, excluding
one-time benefits and charges	$	4,369		$	3,104		$	3,309		$	3,790
2002
GAAP, as reported	$	10,343		$	2,521		$	692		$	233
Benefit from restoration
of net deferred tax assets		(8,830	)		(914	)		(184	)		41
Net income, excluding
one-time benefits and charges	$	1,513		$	1,607		$	508		$	274

Encore Capital Group, Inc.
Supplemental Financial Information
Reconciliation of GAAP Interest Expense and Weighted Average Effective Interest to
Interest Expense and Weighted Average Effective Interest Excluding One-Time Charges
For the Year and Quarter Ended December 31, 2003
(in thousands, except percentages)

	Interest Expense			Weighted Average Effective Interest Rate
For the Year Ended December 31, 2003
GAAP, as reported	$	20,479			49.1	%
Write off of deferred costs		(870	)		(2.1	)
Excluding one-time charges	$	19,609			47.0	%
For the Quarter Ended December 31, 2003
GAAP, as reported	$	6,622			69.8	%
Write off of deferred costs		(870	)		(9.2	)
Excluding one-time charges	$	5,752			60.6	%