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FINANCIALS
 
TEXTAINER GROUP HOLDINGS LIMITED & SUBSIDIARIES
ADDITIONAL INFORMATION

INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2001

(Note: the comparative figures are for the year ended 31 December 2000)
 

2001  2000 
REVENUE US$'000  US$'000 
LEASE RENTAL INCOME 91 174  83 904 
MANAGEMENT FEES 14 920  16 846 
TRADING CONTAINER SALES PROCEEDS 10 545  14 118 
GAIN ON SALES OF ASSETS, NET 1 633  809 
OTHER, NET 1 869  3 160 
TOTAL REVENUES 20 141  118 837 
OPERATING EXPENSES    
DIRECT CONTAINER EXPENSES 16 564  12 679 
COST OF TRADING CONTAINERS SOLD 8 704  10 613 
DEPRECIATION 37 267  31 530 
GENERAL AND ADMINISTRATIVE EXPENSE 15 752  16 720 
TOTAL OPERATING EXPENSES 78 287  71 542 
INCOME FROM OPERATIONS 41 854  47 295 
OTHER (EXPENSE)/INCOME    
NET INTEREST EXPENSE (22 791) (21 101)
MINORITY INTEREST IN NET INCOME OF SUBSIDIARIES (2 029) (553)
LOSS ON EXTINGUISHMENT OF DEBT (618)
OTHER, NET (50) (302)
NET OTHER EXPENSE (25 488) (21 956)
INCOME BEFORE INCOME TAX EXPENSE 16 366  25 339 
INCOME TAX EXPENSE (1 520) (2 305)
INCOME AFTER INCOME TAX EXPENSE 14 846  23 034 

 
 
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