Table T-VYTL.1
Viatel Inc.
Balance Sheets (in $ millions)
.	1998	1997
Assets	.	.
Cash	562	25
Receivables	29	11
Inventory	.	.
Other current assets	16	8
Total Current Assets	607	44
Fixed Assets	266	54
Intangibles	47	4
Other	89	25
Total Assets	1009	127
Liabilities	.	.
Notes payable	.	.
Current portion of LTD	9	3
Trade Payable	24	16
Tax Payable	.	.
Other Current Liabilites	145	17
Total Current Liabilities	178	36
Long Term Debt (LTD)	921	98
Postretirement benefits	.	.
Deferred Taxes	0	.
Other	47	2
Equity	-137	-9
Total	1009	127
Source: Viatel Inc.1998 Annual Report

Table T-VYTL.2
Viatel Inc.
Income Statements (in $ millions)
.	1998	1997	1996
Sales	135	73	50
Cost of Goods Sold	122	63	42
Gross Profit	13	10	8
Operating Expenses	61	44	37
Operating Profit	-48	-34	-29
Interest	79	13	11
Other	.	-4	-2
Profit before tax	-127	-43	-38
Tax	.	.	.
Profit after tax	-127	-43	-38
EPS	-4.44	-1.90	-2.47
Dividends	.	.	.
Stock price	15	7	10
Source: Viatel Inc.1998 Annual Report

Table T-VYTL.3
Viatel Inc.
Normalized Balance Sheets
.	1998	1997
Assets	.	.
Cash	56	20
Receivables	3	9
Inventory	0	0
Other current assets	2	6
Total Current Assets	60	35
Fixed Assets	26	43
Intangibles	5	3
Other	9	20
Total Assets	100	100
Liabilities	.	.
Notes payable	0	0
Current portion of LTD	1	2
Trade Payable	2	13
Tax Payable	0	0
Other Current Liabilites	14	13
Total Current Liabilities	18	28
Long Term Debt (LTD)	91	77
Postretirement benefits	0	0
Deferred Taxes	0	0
Other	5	2
Equity	-14	-7
Total	100	100
Source: Viatel Inc.1998 Annual Report

Table T-VYTL.4
Viatel Inc.
Normalized Income Statements
.	1998	1997	1996
Sales	100	100	100
Cost of Goods Sold	90	86	84
Gross Profit	10	14	16
Operating Expenses	45	60	74
Operating Profit	-36	-47	-58
Interest	59	18	22
Other	59	18	22
Profit before tax	-94	-59	-76
Tax	0	0	0
Profit after tax	-94	-59	-76
Source: Viatel Inc.1998 Annual Report

Table T-VYTL.5
Viatel Inc.
Ratios
.	1998	1997
Current ratio	3.41	1.22
Quick ratio	3.32	1
Working capital (in $ millions)	429	8
Receivables turnover	4.66	6.64
DSO (in days)	78	55
Inventory turnover	0	0
DSI (in days)	0	0
Payables turnover	5.08	3.94
DPO (in days)	72	93
Working capital turnover	0.31	9.13
TIE	-0.61	-2.62
Fixed assets/equity	-1.94	-6
Debt/equity	-8.02	-14.89
Pbt/equity	0.93	4.78
Pbt/total assets	-0.13	-0.34
Pat/equity	0.93	4.78
Pat/total assets	-0.13	-0.34
Sales/fixed assets	0.51	1.35
Sales/total assets	0.13	0.57
Payout	0	0
P/E	n/a	n/a

ÿÿÿ