AMREP Corporation


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Selected Financial Data
The selected consolidated financial data presented below for, and as of the end of, each of the last five fiscal years has been derived from and is qualified by reference to the Company’s consolidated financial statements. The information should be read in conjunction with the consolidated financial statements and related notes thereto and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, which are included in Item 7 of Part II of the Company’s annual report on Form 10-K. These historical results are not necessarily indicative of the results to be expected in the future (in thousands, except per share amounts).

Year Ended April 30,
  2010(a) 2009(b) 2008 2007 2006
Financial Summary :   
  Revenues      $ 120,498   $ 145,901   $ 172,061   $ 204,839   $ 148,296
  Income (Loss) from Continuing Operations      $ (9,480)   $ (43,466)   $ 13,762   $ 46,697   $ 22,494
  Income (loss) from Discontinued Operations,
    net of tax
     $ -   $ -   $ (57)   $ (1,591)   $ 3,556
  Net Income (Loss)      $ (9,480)   $ (43,466)   $ 13,705   $ 45,106   $ 26,050
  Total Assets      $ 211,509   $ 227,652   $ 284,951   $ 292,659   $ 189,041

Capitalization:  
  Shareholders' Equity      $ 86,567   $ 96,281   $ 145,056   $ 160,004   $ 118,970
  Notes Payable      $ 28,654   $ 37,936   $ 25,980   $ 32,299   $ 6,016

Per Share:  
  Earnings(Loss) from Continuing Operations      $ (1.58)   $ (7.25)   $ 2.20   $ 7.02   $ 3.39
  Income (Loss) from Discontinued Operations      $ -   $ -   $ (0.01)   $ (0.24)   $ 0.54
  Earnings (Loss)-     
    Basic and Diluted      $ (1.58)   $ (7.25)   $ 2.19   $ 6.78   $ 3.93
  Book Value      $ 14.44   $ 16.06   $ 24.20   $ 24.05   $ 17.91
  Cash Dividend      $ -   $ -   $ 1.00   $ 0.85   $ 4.05

Shares Outstanding       5,996    5,996    5,995    6,654    6,644

(a) Includes a pre-tax charge of $2,075 related to the impairment of certain real estate ($1,307 after tax, or $0.22 per share). See Note 9 to the consolidated financial statements included in the annual report on Form 10-K for further information.

(b) Includes a pre-tax charge of $50,246 related to the impairment of goodwill (after tax $41,557, or $6.93 per share), see Note 9 to the consolidated financial statements included in the annual report on Form 10-K for further information.


To view AMREP's financial statements and other SEC filings, you may go to the U.S. Securities and Exchange Commission's website for all documents files via EDGAR. This includes all Section 16 filings.