Huffman Trucking Income Statement & Vertical Analysis

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Huffman Trucking
Income Statement / Vertical Analysis
December 31st, 2006
| In Thousands$| Percent of Net-Sales(Rounded)|
| 2006| 2005| 2006| 2005|
Revenues| 879,944| 807,288| 100%| 100|
|
Operating Expenses| |
Salaries, Wages & Benefits| 353,739| 330,597| 40%| 41%| Fuel Expense| 217,363| 192,357| 25%| 24%|
Operating Supplies & Expenses| 152,318| 136,319| 17%| 17%| Purchased Transportation| 89,957| 82,429| 10%| 10%|
Operating Taxes & Licenses| 18,613| 17,989| 2%| 2%| Insurance & Claims| 13,526| 13,006| 2%| 2%|
Provision for Depreciation| 2,726| 2,738| .3%| .3%|
Total Operating Expenses| 848,242| 775,535| 97%| 97%|
|
Operating Income from Continuing Operations| 31,702| 31,753| 4%| 4%| |
Interest Expense| 790| 901| 1%| 1%|
Tax Expense| 11,701| 12,050| 1%| 2%|
Net Income| 19,211| 18,802| 2%| 2%|
Huffman Trucking
Income Statement / Horizontal Analysis
December 31st, 2006
| In Thousands$| Increase / (Decrease)(Rounded)|
| 2006| 2005| Amount| Percent|
Revenues| 879,944| 807,288| 72,656| 9%|
|
Operating Expenses| | | | |
Salaries, Wages & Benefits| 353,739| 330,597| 23,142| 7%| Fuel Expense| 217,363| 192,357| 25,006| 13|
Operating Supplies & Expenses| 152,318| 136,319| 15,999| 12%| Purchased Transportation| 89,957| 82,429| 7,428| 9%|
Operating Taxes & Licenses| 18,613| 17,989| 624| 4%| Insurance & Claims| 13,526| 13,006| 520| 4%|
Provision for Depreciation| 2,726| 2,738| (12)| (.4%)| Total Operating Expenses| 848,242| 775,535| 72,707| 9%| |
Operating Income from Continuing Operations| 31,702| 31,753| (51)| (.2%)| | | | | |
Interest Expense| 790| 901| (111)| (12%)|
Tax Expense| 11,701| 12,050| (349)| (3%)|
Net Income| 19,211| 18,802| 409| 2%|

Huffman Trucking
Balance Sheet / Vertical Analysis
December...
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