Gerdau Ameristeel Corporation

(NYSE:GNA)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Operating revenue
Total Revenue 2,514,412 2,545,810 2,031,662 1,734,603
Operating Revenue 2,514,412 2,545,810 2,031,662 1,734,603
Adjustments To Revenue — — — —
Cost Of Sales 1,878,579 1,980,192 1,600,627 1,375,393
Cost Of Sales With Depreciation 1,878,579 1,980,192 1,600,627 1,375,393
Gross Operating Profit 635,833 565,618 431,035 359,210
Operating Expenses
Research And Development Expenses — — — —
Selling General And Administrative Expenses 57,977 74,829 54,576 53,554
Advertising Expenses — — — —
Operating Income Before Depreciation 577,856 490,789 376,459 305,656
Operating Income 498,691 412,888 300,326 230,102
Depreciation 84,108 80,932 79,374 79,763
Depreciation Unreconciled 55,073 51,984 52,520 47,506
Amortization 2,779 2,691 24,163 32,257
Amortization Of Intangibles 26,256 26,257 2,691 —
Operating Income After Depreciation 493,748 409,857 297,085 225,893
Non Operating Expenses
Interest Expense 38,024 35,564 51,839 75,500
Pre Tax Income 481,901 402,445 252,050 194,923
Income Taxes 163,318 136,795 84,647 45,285
Minority Interest 1,685 3,543 4,395 8,246
Income Before Income Taxes 480,216 398,902 247,655 186,677
Net Income From Continuing Operations 316,898 262,107 163,008 141,392
Net Income From Discontinued Operations — — — —
Net Income From Total Operations 316,898 262,107 163,008 141,392
Non Recurring Events
Extraordinary Income Losses — — — —
Income From Cummulated Effect Of Accounting Changes — — — —
Income From Tax Loss Carryforward — — — —
Other Gains And Losses — — — —
Total Net Income 316,898 262,107 163,008 141,392
Normalized Income 323,928 279,111 185,675 150,271
NetIncome Available For Common 316,898 262,107 163,008 141,392
Preferred Dividends — — — —
Excise Taxes — — — —