Enterprise Products Partners L.P.

SEC Filings

S-1/A
ENTERPRISE PRODUCTS PARTNERS L P filed this Form S-1/A on 07/21/1998
Entire Document
 
<PAGE>
 
                  PRO FORMA CONDENSED STATEMENT OF OPERATIONS
                      FOR THE YEAR ENDED DECEMBER 31, 1997
                                  (UNAUDITED)
 
                (DOLLARS IN THOUSANDS, EXCEPT PER UNIT AMOUNTS)
 

<TABLE>
<CAPTION>
                                                               PRO FORMA
                                                         ----------------------
                                                                         AS
                                             HISTORICAL  ADJUSTMENT   ADJUSTED
                                             ----------  ----------- ----------
<S>                                          <C>         <C>         <C>
REVENUES...................................  $1,020,281              $1,020,281
                                             ----------              ----------
COST AND EXPENSES
Operating costs and expenses...............     937,068   (1,100)(a)    935,968
Selling, general and administrative
 expenses..................................      23,060  (11,060)(a)     12,000
                                             ----------              ----------
Total......................................     960,128                 947,968
                                             ----------              ----------
OPERATING INCOME...........................      60,153                  72,313
                                             ----------              ----------
OTHER INCOME (EXPENSE)
Interest expense...........................     (25,717)  25,717 (b)     (5,993)
                                                          (5,993)(c)
Interest income............................       1,934    3,296 (d)      5,230
Equity in income of unconsolidated
 affiliates................................      15,682                  15,682
Loss on sale of assets.....................        (155)                   (155)
Other income (expense), net................         793                     793
                                             ----------              ----------
Total......................................      (7,463)                 15,557
                                             ----------              ----------
INCOME FROM CONTINUING OPERATIONS BEFORE
 MINORITY INTEREST.........................      52,690                  87,870
MINORITY INTEREST IN INCOME FROM CONTINUING
 OPERATIONS................................        (527)     352 (e)       (879)
                                             ----------              ----------
INCOME FROM CONTINUING OPERATIONS..........  $   52,163                  86,991
                                             ==========
GENERAL PARTNER'S INTEREST IN INCOME FROM
 CONTINUING OPERATIONS.....................                                 870
                                                                     ----------
LIMITED PARTNERS' INTEREST IN INCOME FROM
 CONTINUING OPERATIONS.....................                          $   86,121
                                                                     ==========
INCOME FROM CONTINUING OPERATIONS PER UNIT.                          $     1.29
                                                                     ==========
NUMBER OF UNITS TO BE ISSUED...............                              66,525
                                                                     ==========
</TABLE>

 
 
 
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