Exhibit 99

CERBCO, Inc.

CONSOLIDATING SCHEDULE – STATEMENT OF OPERATIONS INFORMATION

THREE MONTHS ENDED DECEMBER 31, 2004

(unaudited)

	CERBCO, Inc. Consolidated					Eliminations			CERBCO, Inc. Unconsolidated			INEI Corporation
Sales	$	0		(A	)	$	(156,736	)	$	0		$	156,736
Costs and Expenses:
Cost of sales		0		(A	)		(103,382	)		0			103,382
Selling, general and administrative expenses		229,359		(A	)		(161,781	)		229,359			161,781
Total Costs and Expenses		229,359					(265,163	)		229,359			265,163
Operating Loss		(229,359	)				108,427			(229,359	)		(108,427	)
Investment Income		75,793		(A	)		(14,751	)		75,793			14,751
Other Income (Expense) - Net		(10,494	)	(A	)		(12,610	)		(10,494	)		12,610
Loss Before Income Taxes		(164,060	)				81,066			(164,060	)		(81,066	)
Credit for Income Taxes		0					0			0			0
Loss from Continuing Operations		(164,060	)				81,066			(164,060	)		(81,066	)
Loss from Discontinued Operations - Net		0					0			0			0
NET LOSS	$	(164,060	)	(F	)	$	81,066		$	(164,060	)	$	(81,066	)

Exhibit 99

CERBCO, Inc.

CONSOLIDATING SCHEDULE – STATEMENT OF OPERATIONS INFORMATION

SIX MONTHS ENDED DECEMBER 31, 2004

(unaudited)

	CERBCO, Inc. Consolidated					Eliminations			CERBCO, Inc. Unconsolidated			INEI Corporation
Sales	$	0		(B	)	$	274,006		$	0		$	274,006
Costs and Expenses:
Cost of sales		0		(B	)		(203,006	)		0			203,006
Selling, general and administrative expenses		385,594		(B	)		(832,629	)		385,594			832,629
Total Costs and Expenses		385,594					(1,035,635	)		385,594			1,035,635
Operating Loss		(385,594	)				761,629			(385,594	)		(761,629	)
Investment Income		116,248		(B	)		(31,116	)		116,248			31,116
Other Income (Expense) - Net		(17,756	)	(B	)		(46,571	)		(17,756	)		46,571
Loss Before Income Taxes		(287,102	)				683,942			(287,102	)		(683,942	)
Credit for Income Taxes		(35,000	)				0			(35,000	)		0
Loss from Continuing Operations		(252,102	)				683,942			(252,102	)		(683,942	)
Loss from Discontinued Operations - Net		0					0			0			0
NET LOSS	$	(252,102	)	(G	)	$	683,942		$	(252,102	)	$	(683,942	)

Exhibit 99

CERBCO, Inc.

CONSOLIDATING SCHEDULE – BALANCE SHEET INFORMATION

DECEMBER 31, 2004

(unaudited)

	CERBCO, Inc. Consolidated			Eliminations			CERBCO, Inc. Unconsolidated			INEI Corporation
ASSETS
Current Assets:
Cash and cash equivalents	$	8,409,774	(D)	$	(3,588,051	)	$	8,409,7740		$	3,588,051
Cash in escrow		0	(D)		(225,000	)		0			225,000
Marketable securities		8,510,828			0			8,510,828			0
Accounts receivable		52,343	(D)		(255,050	)		52,343			255,050
Inventories		0	(D)		(138,179	)		0			138,179
Prepaid expenses and other		18,732	(D)		(7,168	)		18,732			7,168
TOTAL CURRENT ASSETS		16,991,677			(4,213,448	)		16,991,677			4,213,448
Investment in subsidiary		0	(E)		(1,267,985	)		0			0
Intercompany receivables and payables		0			0			(33,441	)		33,441
Property, Plant and Equipment - net of accumulated depreciation		4,450	(D)		(59,897	)		4,450			59,897
Other Assets:
Cash surrender value of SERP life insurance		2,145,169			0			2,145,169			0
Marketable securities		993,906			0			993,906			0
Deposits and other		44,489			0			44,489			0
Total assets of discontinued operations		4,273,345	(D)		4,273,345			0			0
TOTAL ASSETS	$	24,453,036		$	(1,267,985	)	$	21,414,235		$	4,306,786
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable and accrued liabilities	$	22,089	(D)	$	(1,066,872	)	$	22,089		$	1,066,872
Distributions payable		0			0			0			0
TOTAL CURRENT LIABILITIES		22,089			(1,066,872	)		22,089			1,066,872
Accrued SERP liability		3,050,334			0			3,050,334			0
Total liabilities of discontinued operations		1,479,361	(C)(D)		1,479,361			0			0
TOTAL LIABILITIES		4,551,784			412,489			3,072,423			1,066,872
Non-Owned Interests		1,971,929	(B)(E)		1,971,929			0			0
Stockholders’ Equity:
Common stock		121,786	(E)		(176,086	)		121,786			176,086
Class B Common stock		29,009	(E)		(11,904	)		29,009			11,904
Additional paid-in capital		7,768,428	(E)		(4,022,324	)		7,768,428			4,022,324
			(B)(C)
Retained earnings		10,010,100	(E)(G)		(631,702	)		10,422,589			219,213
Treasury stock		0	(E)		1,189,613			0			(1,189,613	)
TOTAL STOCKHOLDERS’ EQUITY		17,929,323			(3,652,403	)		18,341,812			3,239,914
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	24,453,036		$	(1,267,985	)	$	21,414,235		$	4,306,786

Exhibit 99

CERBCO, Inc.

CONSOLIDATING RECLASSIFICATION AND ELIMINATION ENTRIES

DECEMBER 31, 2004

(unaudited)

(A)
Sales	$	156,736
Investment income		14,751
Other income		12,610
Non-owned interests		49,340
Retained earnings		31,726
Cost of sales			$	103,382
Selling, general and administrative expenses				161,781
To reclassify the discontinued operations of INEI Corporation for the three months ended December 31, 2004.
(B)
Sales	$	274,006
Investment income		31,116
Other income		46,571
Non-owned interests		416,272
Retained earnings		267,670
Cost of sales			$	203,006
Selling, general and administrative expenses				832,629
To reclassify the discontinued operations of INEI Corporation for the six months ended December 31, 2004.
(C)
Retained earnings	$	412,489
Total liabilities of discontinued operations			$	412,489
To adjust investment in INEI Corporation to fair value at December 31, 2004.
(D)
Accounts payable and accrued liabilities	$	1,066,872
Total assets of discontinued operations		4,273,345
Cash and cash equivalents			$	3,588,051
Cash in escrow				225,000
Accounts receivable				255,050
Inventories				138,179
Prepaid expenses and other				7,168
Property, plant and equipment-net				59,897
Total liabilities of discontinued operations				1,066,872
To reclassify the assets and liabilities of discontinued operations at December 31, 2004.

(E)
Common stock	$	176,086
Class B stock		11,904
Additional paid-in capital		4,022,324
Retained earnings		635,485
Treasury stock			$	1,189,613
Investment in subsidiary				1,267,985
Non-owned interests				2,388,201
To eliminate investment in INEI Corporation at December 31, 2004.
(F)
Current period loss adjustments	$	81,066
Retained earnings			$	81,066
To close out impact of eliminating entries on statement of operations for the quarter ended December 31, 2004.
(G)
Current year operations adjustments	$	683,942
Retained earnings			$	683,942
To close out impact of eliminating entries on statement of operations for the six months ended December 31, 2004.