2006 FOOD and BEVERAGE OPERATIONS and PRO FORMA AFTER LEASE
(Numbers below are
in thousand's of $)
		2006	2006	2006	2006
		RESTAURANT	BAR	SNACK BAR	COMBINED	AFTER LEASE
REVENUES
Sales		643.6	357.8	131.1	1132.5	0
Cost of Goods Sold		261	122.3	47	430.3	0
GROSS PROFIT		382.6	235.5	84.1	702.2	0
EXPENSES
Cost of Labor		362.7	83.4	36.4	482.5	0
Benefits and Taxes		100.3	24.2	11.4	135.9	0
Homeowner Discounts		31.7			31.7	0
Credit Card & Ads		10.1	4.9		15	0
Supplies		28.9	9.7	2.9	41.5	0
Supplies,Glass& Linens		31.1	0.7		31.8	0
Utilities		35.9	16.1	4.1	56.1	0
Taxes & Licenses		0.6	2.3	0.5	3.4	0
Equipment Rental		5.1	0.6	2.3	8	0
Promotions		1.8	2.5		4.3	0
Entertainment			19.5		19.5	0
Other Professional		10.1	14.9		25	0
Misc		4.2	0.6	0.9	5.7	0
TOTAL EXPENSES		622.5	179.4	58.5	860.4	0
PROFIT OR (LOSS)		-239.9	56.1	25.6	-158.2	0
OTHER EXPENSES
Wait Staff Meals					17	0
Employee Meals					29.3	0
Insurance					10	0
Maintenance					27	0
TOTAL OTHER EXPENSES					83.3	0
TOTAL LOSS and OTHER EXPENSES					241.5	0
TOTAL ANNUAL SAVINGS WITH LEASE  *						241.5
CONVERSION OF ASSETS TO CASH
Inventory						29.1
Liquor License						32.5
TOTAL CASH GENERATED						61.6
* The "TOTAL ANNUAL SAVINGS WITH LEASE" is based on the 2006 results