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Exhibit 1

ALLIANCE CONCRETE
Income Statements
2002
Income Statement (in thousands of dollars)
Revenue
Cost of goods sold
Gross margin
General and administrative
Earnings before interest and taxes
Interest
Tax
Net income
Additional Data
Yards sold (in thousands)
Average price per yard (in dollars)
Average cost per yard (in dollars)
Depreciation (in thosands of dollars)

2003

2004

128,978 143,560 161,863


100,857 111,203 125,756
28,121 32,357 36,107
12,482 13,685 18,131
15,639 18,672 17,976
4,537
6,150
5,964
11,102 12,522 12,012
3,882
4,288
4,312
7,220
8,234
7,700

1,751
73.66
57.60
5,436

1,850
77.60
60.11
5,762

1,957
82.71
64.26
5,983

2005
185,815
144,594
41,221
17,327
23,894
5,695
18,199
6,210
11,989

2,085
89.12
69.35
6,439

Exhibit 2
ALLIANCE CONCRETE
Balance Sheets

Balance Sheet ($1,000)


Cash
Accounts receivable
Inventory
Current assets
Plant and equipment
Accounts payable
Other accrued expenses
Current liabilities
Long-term debt
Owners' equity

Financial Statement Relations


Margins and Returns
Gross margin
Net margin
Return on book assets
Return on book equity
Asset Ratios
Days receivables
Days inventory
Days payables
Total asset turnover
Fixed asset turnover
Leverage Ratios
Debt to prior year EBITDA
Debt to total value (book)
Interest coverage

2002

2003

2004

2005

2,837
18,092
3,549
24,478
87,534
112,012

3,330
19,823
4,238
27,391
91,392
118,783

3,043
23,104
4,233
30,380
93,569
123,949

4,180
28,203
4,615
36,998
97,476
134,474

8,891
5,313
14,204
55,000
42,808
112,012

9,609
5,713
15,322
75,000
28,461
118,783

11,067
6,490
17,557
71,000
35,392
123,949

13,534
7,897
21,431
67,000
46,043
134,474

21.80%
5.60%
6.45%
16.87%

22.54%
5.74%
6.93%
28.93%

22.31%
4.76%
6.21%
21.76%

22.18%
6.45%
8.92%
26.04%

51.20
12.84
32.18
1.15
1.47

50.40
13.91
31.54
1.21
1.57

52.10
12.29
32.12
1.31
1.73

55.40
11.65
34.16
1.38
1.91

2.98
49.10%
3.45

3.56
63.14%
3.04

2.91
57.28%
3.01

2.80
49.82%
4.20

Yards sold (in thousands)


Average price per yard (in dollars)
Average cost per yard (in dollars)
Income Statement ($1,000)
Revenue
Cost of goods sold
Gross margin
General and administrative
Earnings before interest and taxes
Interest
Tax
Net income
Balance Sheet ($1,000)
Cash
Accounts receivable
Inventory
Current assets
Plant and equipment

2002

2003

2004

2005 Forecast

1,751
73.66
57.60

1,850
77.60
60.11

1,957
82.71
64.26

2,085
89.12
69.35

######
######
28,121
12,482
15,639
4,537
11,102
3,882
7,220

######
######
32,357
13,685
18,672
6,150
12,522
4,288
8,234

######
######
36,107
18,131
17,976
5,964
12,012
4,312
7,700

Assumptions

2,200 increase to 2.2 million


95.36 7% increase
75.59 10% increase

###### 209,788 yards sold * avg PPY


###### 166,300 yards sold * avg CPY
41,221 43,488
17,327 19,510 % of revenue
23,894 23,978
5,695
5,695 interest rate * debt
18,199 18,283
6,210
6,399 tax/EBT to find tax rate and multiply prior tax by
11,989 11,884

2,837 3,330 3,043 4,180


18,092 19,823 23,104 28,203
3,549 4,238 4,233 4,615
24,478 27,391 30,380 36,998

4,720 % of sales
30,893 rev. * inventory turnover / 365
5,308 cogs * AR turnover / 365
40,922
additional $16 million
planned
87,534 91,392 93,569 97,476 105,976
capital expenditure minus
$7.5 million in depreciation

###### ###### ###### ###### 146,898


Accounts payable
Other accrued expenses
Current liabilities
Long-term debt
Owners' equity

Financial Statement Relations


Margins and Returns
Gross margin
Net margin
Return on book assets
Return on book equity
Asset Ratios
Days receivables
Days inventory
Days payables
Total asset turnover
Fixed asset turnover
Leverage Ratios
Debt to prior year EBITDA
Debt to total value (book)
Interest coverage

8,891
5,313
14,204
55,000
42,808
######

9,609
5,713
15,322
75,000
28,461
######

11,067
6,490
17,557
71,000
35,392
######

13,534 15,564
7,897
8,916
21,431 24,480
67,000 67,000
46,043 54,927
###### 146,407
EFN

21.80%
5.60%
6.45%
16.87%

22.54%
5.74%
6.93%
28.93%

22.31%
4.76%
6.21%
21.76%

22.18% 20.73%
6.45% 5.66%
8.92% 8.09%
26.04% 21.64%

51.20
12.84
32.18
1.15
1.47

50.40
13.91
31.54
1.21
1.57

52.10
12.29
32.12
1.31
1.73

55.40
11.65
34.16
1.38
1.91

53.75
11.65
34.16
1.43
1.98

2.98
49%
3.45

3.56
63%
3.04

2.91
57%
3.01

2.80
50%
4.20

2.21
46%
4.21

491

5737

ate and multiply prior tax by tax rate

over / 365

0.0411931

0.03980 0.0400956 0.0424993