EX-99 2 exhibit_a.htm MYR CONSOLIDATED BALANCE SHEETS AND STATEMENT OF OPERATIONS MYR Consolidated Balance Sheets and Statement of Operations
Exhibit A
Page 1 of 3

MYR GROUP INC.
Consolidated Balance Sheet (Unaudited)
                    As of June 30, 2005                    
(In Thousands)   



Assets
     
       
Current Assets:
       
Cash and cash equivalents
 
$
12,778
 
Accounts receivable:
       
    Customers
   
69,343
 
    Associated companies
   
-
 
    Other
   
74
 
Notes receivable
   
3,990
 
Prepayments and other
   
37,468
 
     
123,653
 
         
Property, Plant and Equipment
   
13,971
 
         
Investments:
       
Other
   
4,332
 
     
4,332
 
         
Deferred Charges:
       
Goodwill, net
   
61,887
 
Accumulated deferred income tax benefits
   
1,668
 
Other
   
-
 
     
63,555
 
         
         
Total Assets
 
$
205,511
 
         




Exhibit A
Page 2 of 3

MYR GROUP INC.
Consolidated Balance Sheet (Unaudited)
     As of June 30, 2005     
(In Thousands)




Liabilities and Capitalization
     
       
Current Liabilities:
     
Accounts payable
       
Other
 
$
15,363
 
Associated companies
   
922
 
Accrued income taxes
   
-
 
Other
   
62,617
 
     
78,902
 
         
Capitalization:
       
Common stockholder’s equity
   
123,860
 
Long-term debt
   
-
 
     
123,860
 
         
Deferred Credits:
       
Other
   
2,749
 
     
2,749
 
         
         
Total Liabilities and Capitalization
 
$
205,511
 



Exhibit A
Page 3 of 3

MYR GROUP INC.
Consolidated Statement of Operations (Unaudited)
For the Twelve Months Ended June 30, 2005
(In Thousands)




 
$
390,221
 
         
Expenses:
       
Other operation expenses
   
393,290
 
Provision for depreciation and amortization
   
880
 
Total expenses
   
394,170
 
         
Loss before Interest and Income Taxes
   
(3,949
)
         
Interest expense
   
21
 
         
Income tax benefit
   
(1,600
)
         
Discontinued operations
   
282
 
         
Net Loss
 
$
(2,088
)