ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Wednesday, February 5, 1997            TAG: 9702050096
SECTION: BUSINESS                 PAGE: B-5  EDITION: METRO 


REPORTED EARNINGS

Carmike Cinemas Inc.

4th qtr. ended 12-31 1996 1995

Revenues $108.8 million $97.2 million

Net Income $4.2 million $3.1 million

Share earnings 37 cents 28 cents

Full year ended 12-31

Revenues $426.7 million $364.7 million

Net Income ($7.3 million) $13.1 million

Share earnings (65 cents) $1.16

Carmike, based in Columbus, Ga., operates 2,519 screens in movie theaters, including three complexes in the Roanoke Valley. The company said its net loss last year includes non-cash charges in the first quarter of $28.2 million for new accounting methods.

Tower Automotive Inc.

4th qtr. ended 12-31 1996 1995

Revenues $119.9 million $58 million

Net Income $6.9 million $3.5 million

Share earnings 47 cents 30 cents

Year ended 12-31

Revenues $399.9 million $222.8 million

Net Income $20.6 million $12.1 million

Share earnings $1.55 $1.05

Tower Automotive Inc. is a Minneapolis-based designer and maker of components for cars and trucks. It intends to buy the Botetourt County operation of A.O. Smith Corp. of Milwaukee this year.

*Figures in parentheses indicate a loss.


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