Selected Financial Data Clause Samples
The Selected Financial Data clause requires the presentation of key financial figures from a company over a specified period, typically several years. This clause mandates the inclusion of summarized data such as revenues, net income, total assets, and other significant financial metrics, often in a tabular format for easy comparison. Its core function is to provide stakeholders with a clear, concise overview of the company's financial performance and trends, facilitating informed decision-making and transparency.
Selected Financial Data. Not applicable.
Selected Financial Data. The following table sets forth selected financial data for the years ended December 31: 1998 1997 1996 1995 1994 ---------- ---------- ---------- ---------- ---------- OPERATING RESULTS: Oil and gas sales.............. $ 873,012 $1,273,373 $1,632,595 $1,416,748 $1,325,311 ========== ========== ========== ========== ========== Impairment of oil and gas properties.................. $ 295,542 $ 323,078 $ -- $ 104,290 $ -- ========== ========== ========== ========== ========== Net income (loss).............. $ (177,905) $ 222,730 $ 924,002 $ 483,679 $ 466,370 ========== ========== ========== ========== ========== Allocation of net income (loss): Managing general partner.... $ (1,779) $ 2,227 $ 9,240 $ 4,837 $ 4,664 ========== ========== ========== ========== ========== Limited partners............ $ (176,126) $ 220,503 $ 914,762 $ 478,842 $ 461,706 ========== ========== ========== ========== ========== Net income (loss) per limited partners' interest.......... $ (15.66) $ 19.60 $ 81.32 $ 42.57 $ 41.04 ========== ========== ========== ========== ========== Limited partners' cash distributions per limited partners' interest.......... $ 36.76 $ 75.32 $ 84.40 $ 70.24 $ 46.96 ========== ========== ========== ========== ========== AT YEAR END: Total assets................... $1,820,336 $2,424,808 $3,051,464 $3,131,023 $3,404,388 ========== ========== ========== ========== ========== ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS RESULTS OF OPERATIONS 1998 compared to 1997 The Partnership's 1998 oil and gas revenues decreased 31% to $873,012 from $1,273,373 in 1997. The decrease in revenues resulted from lower average prices received. In 1998, 49,100 barrels of oil, 17,427 barrels of natural gas liquids ("NGLs") and 68,244 mcf of gas were sold, or 77,901 barrel of oil equivalents ("BOEs"). In 1997, 49,485 barrels of oil, 7,536 barrels of NGLs and 90,255 mcf of gas were sold, or 72,064 BOEs. Due to the decline characteristics of the Partnership's oil and gas properties, management expects a certain amount of decline in production in the future until the Partnership's economically recoverable reserves are fully depleted. Consistent with the managing general partner, the Partnership has historically accounted for processed natural gas production as wellhead production on a wet gas basis. Effective September 30, 1997, as a result of the merger with Mesa, the managing general partner accounts for processed natural gas product...
Selected Financial Data. The following table sets forth selected financial data for the years ended December 31:
Selected Financial Data. (a) Net worth (inclusive of home,
(b) Cash and cash equivalents and liquid securities (includes stocks, bonds, government obligations, etc. at fair Under $100,000- $200,000- Over market value) $100,000 $199,999 $500,000 $500,000
(c) Investments in closely held companies, personal business and/or real estate Under $150,000- $250,000- Over $150,000 $249,999 $500,000 $500,000
Selected Financial Data. 27 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT OF THE COMPANY......... 28
Selected Financial Data. YEAR ENDED DECEMBER 31, --------------------------------------------------- 2000 1999 1998 1997 1996 ------- -------- -------- -------- -------- (IN THOUSANDS, EXCEPT PER SHARE DATA) CONSOLIDATED STATEMENT OF OPERATIONS DATA: Product sales................................ $15,054 $ 17,090 $ 18,611 $ 23,421 $ 624 License and royalty revenue.................. 5,166 1,000 -- -- -- ------- -------- -------- -------- -------- Total revenue................................ 20,220 18,090 18,611 23,421 624 ------- -------- -------- -------- -------- Cost of product sales........................ 7,989 10,634 16,846 15,395 561 ------- -------- -------- -------- -------- Gross profit................................. 12,231 7,456 1,765 8,026 63 Operating expenses: Research and development................... 4,519 7,039 10,985 18,005 21,059 Selling, general and administrative........ 11,655 18,520 33,151 43,005 11,223 Patent acquisition......................... -- -- -- -- 5,216 Restructuring charges...................... 1,275 2,363 12,158 -- -- ------- -------- -------- -------- -------- Loss from operations......................... (5,218) (20,466) (54,529) (52,984) (37,435) Interest and other, net...................... (2,825) (933) (1,692) 1,653 3,381 ------- -------- -------- -------- -------- Loss before extraordinary item............... (8,043) (21,399) (56,221) (51,331) (34,054) Extraordinary item -- gain on extinguishment of debt.................................... 1,750 -- 15,563 -- -- ------- -------- -------- -------- -------- Net loss..................................... $(6,293) $(21,399) $(40,658) $(51,331) $(34,054) ======= ======== ======== ======== ======== Basic and diluted loss per share before extraordinary item......................... $ (0.32) $ (0.88) $ (2.39) $ (2.29) $ (2.11) ======= ======== ======== ======== ======== Extraordinary item per share................. $ 0.07 $ 0.66 ======= ======== Basic and diluted loss per share............. $ (0.25) $ (0.88) $ (1.73) $ (2.29) $ (2.11) ======= ======== ======== ======== ======== DECEMBER 31, -------------------------------------------------------- 2000 1999 1998 1997 1996 --------- --------- --------- --------- -------- (IN THOUSANDS) CONSOLIDATED BALANCE SHEET DATA: Current assets.......................... $ 21,055 $ 48,683 $ 74,761 $ 124,848 $ 94,226 Working capital......................... 17,445 24,906 46,170 113,923 87,561 Total assets............................ 34,425 60,813 87,537 142,810...
Selected Financial Data. The information required by this item is included in the Digest of Financial Data for the years 1999 through 2003 under the captions Net operating revenues, Income (loss) from continuing operations, Income (loss) from discontinued operations, Net income (loss), Net income (loss) per share from continuing operations, Net income (loss) per share from discontinued operations, Net income (loss) per share and pro forma net loss per share, Total assets and Long-term debt 25 Management’s Discussion and Analysis of Financial Condition and Results of Operations 2-10
Selected Financial Data. The selected financial data for the Company and its subsidiaries on page 13 of the Annual Report is incorporated herein by reference.
Selected Financial Data. (a) Sellers do not prepare financial statements (whether balance sheets, statements of operations and cash flows, or profit and loss statements) for the Business on a stand alone basis in the ordinary and usual course (whether on a daily, weekly, monthly, or other regular period).
(b) Section 3.12 of the Sellers' Disclosure Schedule contains certain selected financial data concerning the Business (the "BUSINESS SELECTED DATA"). The Business Selected Data has been prepared in good faith by the management of the Business based upon the financial records of the Business (it being understood that the foregoing sentence is not a representation with respect to this presentation in accordance with U.S. GAAP).
(c) The books of account and other financial records of the Business (i) are in all material respects true, complete and correct, and do not contain or reflect any material inaccuracies or discrepancies and (ii) have been maintained in accordance with ML & Co.'s business and accounting practices.
Selected Financial Data. The information required by this item is included under the caption "Six-Year Summary of Selected Financial Data" on page 29 of the Company's 1997 Annual Report and is incorporated herein by reference as part of Exhibit 13. ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. The information required by this item is included in the text contained under the caption "Financial Review" on pages 21-28 of the Company's 1997 Annual Report and is incorporated herein by reference as part of Exhibit 13. ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. The information required by this item is included in the text contained on pages 24 through and including the second paragraph on page 25 of the Company's 1997 Annual Report, and in Notes 1 and 9 to the consolidated financial statements contained in the Company's 1997 Annual Report, and each is incorporated herein by reference as part of Exhibit 13.