• Values
• Responsibility
• Executive Team
• History
• Fast Facts
• News

                                           ABX HOLDINGS, INC.
                                           EARNINGS SUMMARY
                                           (In thousands)
                                           (Unaudited)

                                            Three Months Ended   Twelve Months Ended                                              Dec 31                         Dec 31

	--------------	-----------------	--------------------	------------
	2007	2006	2007	2006
	--------------	-----------------	--------------------	------------
REVENUES
DHL
ACMI
Base mark-up	$ 110,630	$114,447	$ 445,390	$ 466,967
Incremental mark-up	5,320	5,399	7,044	7,451
	-------------	------------	-------------	-------------
Total ACMI	115,950	119,846	452,434	474,418
Hub Services
Base mark-up	82,156	90,662	314,687	400,336
Incremental mark-up	2,316	2,063	2,316	3,015
	------------	------------	------------	-------------
Total Hub Services	84,472	92,725	317,003	403,351
Other Reimbursable	90,126	73,864	313,506	334,101
	------------	------------	-------------	--------------
Total DHL Contracts	290,548	286,435	1,082,943	1,211,870
Charters	17,669	8,602	55,580	24,440
Other Activities	10,975	11,233	35,992	24,051
	-------------	-------------	-------------	--------------
Total Revenues	$  319,192 -------------	$ 306,270 -------------	$ 1,174,515 --------------	$ 1,260,361 ---------------
EXPENSES
DHL
ACMI	$ 108,863	$ 112,725	$ 438,823	$ 459,926
Hub services	80,763	89,881	309,435	395,391
Other Reimbursable	90,126	73,864	313,506	334,101
	-------------	-------------	-------------	-------------
Total DHL	279,752	276,470	1,061,764	1,189,418
Charters	16,501	6,678	51,016	20,736
Other Activities	8,437	9,311	30,094	19,356
Total Expenses	------------- $ 304,690	------------- $ 292,459	-------------- $ 1,142,874	-------------- $ 1,229,510
	------------	-------------	---------------	--------------
PRE-TAX EARNINGS
DHL	$ 10,796	$ 9,965	$ 21,179	$ 22,452
Charters	1,168	1,924	4,564	3,704
Other Activities	2,538	1,922	5,898	4,695
Net Interest and Other	(96)	1,076	1,647	5,162
	------------	-----------	-------------	------------
Total Pre-tax Earnings	$ 14,406	$ 14,887	$  32,288	$ 36,013
	------------	-----------	-------------	------------

 

Note: The results above for customers other than DHL do not reflect an allocation of overhead costs that are reimbursed by DHL. The provisions of the commercial agreements with DHL do not require an allocation of reimbursed overhead until such time as ABX Air derives more than 10% of its total revenue from non-DHL sources.