EX-99 4 myr_rule24-exha.txt EXHIBIT A Exhibit A Page 1 of 3 MYR GROUP INC. Consolidated Balance Sheet As of September 30, 2002 -------------------------- (Unaudited) Assets Current Assets: Cash and temporary cash investments $ 29,514,340 Accounts receivable: Contract 87,085,111 Other 170,457 Other 18,281,090 ----------- Total current assets 135,050,998 ----------- Other Property & Investments: Nonutility plant, net 17,306,171 Other investments 1,733,519 ----------- Total Other Property & Investments 19,039,690 ----------- Goodwill, net 60,686,935 ----------- Deferred Debits and Other Assets 10,448,000 ----------- Total Assets $225,225,623 =========== Exhibit A Page 2 of 3 MYR GROUP INC. Consolidated Balance Sheet As of September 30, 2002 -------------------------- (Unaudited) Liabilities and Stockholder's Equity Current Liabilities: Notes payable $ - Accounts payable 6,156,145 Accrued income taxes 3,347,617 Other 52,053,271 ----------- Total current liabilities 61,557,033 ----------- Non-Current Liabilities: Deferred income taxes 5,809,000 Other 334,228 ----------- Total long-term liabilities 6,143,228 ----------- Stockholder's Equity: Common stock & capital surplus 150,000,000 Retained earnings 7,525,362 ----------- Total stockholder's equity 157,525,362 ----------- Total Liabilities and Stockholder's Equity $225,225,623 =========== Exhibit A Page 3 of 3 MYR GROUP INC. Consolidated Statement of Income For the Twelve Months Ended September 30, 2002 ---------------------------------------------- (Unaudited) Operating Revenues $577,498,488 ----------- Operating Expenses: Operation and maintenance expenses 553,938,502 Provision for depreciation and amortization 3,364,630 Income taxes 16,438 ----------- Total operating expenses 557,319,570 ----------- Operating Income 20,178,918 Other Income & Deductions: Other income/(deductions) (23,355,453) Taxes - other income & deductions 13,405,196 ----------- Total other income & deductions (9,950,257) ----------- Income Before Net Interest Charges 10,228,661 Net interest charges 64,467 ----------- Net Income $ 10,164,194 ===========