EX-99 4 exhibit99-2.txt EXHIBIT 99.2
Exhibit 99.2 IOS CAPITAL, LLC CONSOLIDATED STATEMENTS OF INCOME (unaudited) Three months ended Six months ended March 31, March 31, ------------------------------------------------ 2002 2001 2002 2001 ------------------------------------------------ Revenues: Lease finance income $ 87,018 $ 79,090 $ 172,701 $ 155,747 Rental income 8,485 8,226 16,144 16,407 Other income 5,632 6,283 11,039 12,060 ---------- ----------- ----------- ----------- 101,135 93,599 199,884 184,214 ---------- ----------- ----------- ----------- Expenses: Interest 37,301 41,963 76,637 83,458 Lease default, net of recoveries 3,901 3,327 7,909 6,582 General and administrative 15,586 14,901 30,254 29,079 ---------- ----------- ----------- ----------- 56,788 60,191 114,800 119,119 ---------- ----------- ----------- ----------- Income before income taxes 44,347 33,408 85,084 65,095 Provision for income taxes 17,739 13,363 34,034 26,038 ---------- ----------- ----------- ----------- Net income $ 26,608 $ 20,045 $ 51,050 $ 39,057 ========== =========== =========== ===========