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

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



Assets
     
       
Current Assets:
       
Cash and cash equivalents
 
$
15,565
 
Accounts receivable:
       
Customers
   
84,063
 
Associated companies
   
-
 
Other
   
84
 
Notes receivable
   
2,061
 
Prepayments and other
   
34,354
 
     
136,127
 
         
Property, Plant and Equipment
   
13,809
 
         
Investments:
       
Other
   
4,300
 
     
4,300
 
         
Deferred Charges:
       
Goodwill, net
   
61,887
 
Accumulated deferred income tax benefits
   
1,668
 
Other
   
-
 
     
63,555
 
         
         
Total Assets
 
$
217,791
 
         





Exhibit A
Page 2 of 3

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




Liabilities and Capitalization
     
       
Current Liabilities:
     
Accounts payable
       
Other
 
$
12,717
 
Associated companies
   
982
 
Accrued income taxes
   
-
 
Other
   
74,903
 
     
88,602
 
         
Capitalization:
       
Common stockholder’s equity
   
126,465
 
Long-term debt
   
-
 
     
126,465
 
         
Deferred Credits:
       
Other
   
2,724
 
     
2,724
 
         
         
Total Liabilities and Capitalization
 
$
217,791
 

 



Exhibit A
Page 3 of 3

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




 
$
442,728
 
         
Expenses:
       
Other operation expenses
   
439,358
 
Provision for depreciation and amortization
   
767
 
Total expenses
   
440,125
 
         
Income before Interest and Income Taxes
   
2,603
 
         
Interest expense
   
27
 
         
Income tax
   
798
 
         
Discontinued operations
   
149
 
         
Net Income
 
$
1,927