BKH » Topics » Item 2.02 Results of Operations and Financial Condition

This excerpt taken from the BKH 8-K filed Nov 9, 2005.

Item 2.02    Results of Operations and Financial Condition

On November 9, 2005, the Registrant issued a press release announcing financial results for the third quarter 2005. For the three months ended September 30, 2005, net loss was $(23.9) million, or $(0.73) per share, compared to net income of $17.1 million, or $0.52 per share for the same period ended September 30, 2004. For the nine months ended September 30, 2005, net income was $6.6 million, or $0.20 per share, compared to $38.2 million, or $1.17 per share for the same period ended September 30, 2004.

The press release is attached as Exhibit 99 to this Form 8-K. This information is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

This excerpt taken from the BKH 8-K filed Nov 7, 2005.

Item 2.02    Results of Operations and Financial Condition

On November 4, 2005, the Registrant issued a press release announcing preliminary third quarter 2005 earnings and certain developments which affected results.

For the three months ended September 30, 2005, the Company expects to report a loss from continuing operations of approximately $(23.7) million, or $(0.72) per share. Included in the results are the following unanticipated items:

    a $(0.99) per share non-cash charge relating to the impairment of Las Vegas I assets;
    a $(0.18) per share expensing of certain development costs;
    a $(0.05) per share charge for the accrual for an expected legal settlement agreement.

In addition, the Registrant announced an expected range of earnings from continuing operations of approximately $0.55 to $0.60 per share for the fourth quarter of 2005. The Registrant also announced an expected range of earnings from continuing operations of $2.10 to $2.25 per share for the year 2006.

The press release is attached as Exhibit 99 to this Form 8-K. This information is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

This excerpt taken from the BKH 8-K filed Aug 9, 2005.

Item 2.02.  Results of Operations and Financial Condition.

On August 9, 2005, the Registrant issued a press release announcing financial results for the second quarter of 2005. For the three months ended June 30, 2005, net income was $14.9 million, or $0.45 per share, compared to $11.4 million, or $0.35 per share for the same period ended June 30, 2004. For the six months ended June 30, 2005, net income was $30.6 million, or $0.93 per share, compared to $21.1 million, or $0.65 per share for the same period ended June 30, 2004.

The press release is attached as Exhibit 99 to this Form 8-K. This information is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01  

Financial Statements and Exhibits

(c)

 

Exhibits

 

 

99

 

Press Release dated August 9, 2005.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

BLACK HILLS CORPORATION

 

 

 

 

 

By:  /s/ Mark T. Thies

 

Mark T. Thies

 

Executive Vice President

 

and Chief Financial Officer

 

 

Date:  August 9, 2005

 

 

 

 

 

This excerpt taken from the BKH 8-K filed May 10, 2005.

Item 2.02      Results of Operations and Financial Condition.

On May 9, 2005, the Registrant issued a press release announcing net income of $15.7 million for the three-month period ended March 31, 2005, or $0.48 per share, compared to $9.7 million or $0.30 per share for the three months ended March 31, 2004. Income from continuing operations was $15.9 for the three-month period ended March 31, 2005, or $0.48 per share, compared to $10.0 million, or $0.30 per share for the same period ended March 31, 2004.

The press release is attached as Exhibit 99 to this Form 8-K. This information is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

This excerpt taken from the BKH 8-K filed Feb 8, 2005.

Item 2.02      Results of Operations and Financial Condition

On February 7, 2005, the Registrant issued a press release announcing net income of $19.4 million for the three-month period ended December 31, 2004, or $0.59 per share, compared to $7.9 million or $0.24 per share for the three months ended December 31, 2003. Income from continuing operations was $20.4 million for the three-month period ended December 31, 2004, or $0.62 per share, compared to $9.6 million, or $0.29 per share for the same period ended December 31, 2003.

The press release is attached as Exhibit 99 to this Form 8-K. This information is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

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