FINANCIAL HIGHLIGHTS
(Amounts in millions of US dollars)
Three months ended
March 31,
2003 2002
Statement of Operations Data:
Revenue $20.8 $22.6
EBITDA 11.2 13.0
Operating income (loss) (0.7) 1.2
Interest expense, net* (7.8) (10.0)
Loss before income taxes (8.4) (8.9)
*Includes net foreign exchange gain (loss)
Other Data:
Capital expenditures
Construction in progress-Satmex 6 11.1 30.2
Other, net 0.0 0.1
Non-Financial Data:
Bookings 16.1 29.7
March 31, December 31,
2003 2002
Non-Financial Data:
Backlog 287.3 328.8
Balance Sheet Data:
Cash and cash equivalents 16.3 26.8
Restricted and segregated cash 6.8
Other current assets 17.1 18.3
Total current assets 33.4 51.9
Fixed assets 954.3 955.1
Other assets 4.0 4.1
Total assets 991.7 1,011.1
Current maturities of long-term debt 1.0 1.0
Total current liabilities 21.3 31.0
Total long-term debt 523.1 523.4
Total liabilities 629.7 642.4
Total stockholders' equity 362.0 368.7
Total liabilities and stockholders' equity 991.7 1,011.1