Leucadia National Corporation Announces 2006 Results
biz.yahoo.com
Wednesday February 28, 3:36 pm ET
NEW YORK--(BUSINESS WIRE)--Leucadia National Corporation (LUK) today announced its operating results for the year ended December 31, 2006. Net income was $189,399,000 or $.85 per diluted common share for the year ended December 31, 2006 compared to net income of $1,636,041,000 or $7.14 per diluted common share for the year ended December 31, 2005. As previously disclosed, the 2005 results included an adjustment that reduced the deferred tax asset valuation allowance and credited income tax expense by $1,135,100,000. Net income also included income of $59,630,000 or $.25 per diluted common share for 2006 and $415,701,000 or $1.80 per diluted common share for 2005 related to discontinued operations, including gain on disposal. |
