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|James P. Zeumer|
|Senior Vice President, Public Affairs, Communications & Investor Relations|
|||Internal revenue growth of 4.0% was driven by average price increases of 4.8%, partially offset by a decrease in volume of 0.8%;|
|||Operating income increased 8.1% to $254 million compared to $235 million for the fourth quarter 2005 and the operating margin expanded by 100 basis points in the quarter, compared with 2005. The fourth quarter 2006 operating income includes an $8 million charge due to asset impairments;|
|||Reported fourth quarter 2006 diluted earnings from continuing operations of $0.00 per share includes a $0.16 charge for income tax related matters and a $0.01 charge due to asset impairments. Before these charges, fourth quarter diluted earnings were $0.17 per share. Prior year fourth quarter EPS of $0.15 per share includes a $0.03 benefit for tax related matters;|
|||Cash flow from operations increased 17% to $280 million from $240 million in the fourth quarter 2005; and|
|||Debt, net of cash, was reduced by $146 million during the fourth quarter 2006.|
The following information was filed by Allied Waste Industries Inc on Thursday, February 15, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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