AMT » Topics » Reconciliation of 2005 Outlook to GAAP Measures
This excerpt taken from the AMT 8-K filed Mar 30, 2005.
Reconciliation of 2005 Outlook to
The reconciliation of loss
from continuing operations to Adjusted EBITDA is as follows:
First Quarter 2005
Full Year 2005
(in millions of dollars)
Loss from continuing operations (1) (2)
Total interest expense
Other, including interest income, loss on retirement of long-term obligations, loss on equity method investments, other expense, depreciation,
amortization and accretion, minority interest in net earnings of subsidiaries, and income tax benefit (2)
The Company has not reconciled our Adjusted EBITDA to net loss because we do not provide guidance for loss from discontinued operations, net, which is the reconciling item between
loss from continuing operations and net loss.
The Companys first quarter loss from continuing operations includes $15 million pre-tax loss from retirement of long-term obligations as a result of our debt repurchases as of
March 30, 2005.