Allegheny Technologies Incorporated Financial Information for Subsidiary and Guarantor Parent Statements of Operations For the year ended December 31, 2003 Non- Guarantor guarantor (In millions) Parent Subsidiary Subsidiaries Eliminations) Consolidated Sales $000,0––) $0,962.1) $0,975.3) $0000,––) $1,937.4) Cost of sales 94.5) 963.9) 815.2) ––) 1,873.6) Selling and administrative expenses 87.4) 19.2) 142.2) ––) 248.8) Restructuring costs 7.6) 49.1) 5.7) ––) 62.4) Income (loss) before interest, other income  and income taxes and cumulative effect of change in accounting principle (189.5) (70.1) 12.2) ––) (247.4) Interest expense (income), net  20.2) 10.0) (2.5) ––) 27.7) Other income (expense) including equity  in income (loss) of unconsolidated subsidiaries  (71.8) (7.3) 9.1) 64.9) (5.1) Income (loss) before income tax provision (benefit) and cumulative effect of change in accounting principle (281.5) (87.4) 23.8) 64.9) (280.2) Income tax provision (benefit)  31.8) (29.1) 140.7) (110.3) 33.1) Net income (loss) before cumulative effect of change in accounting principle (313.3) (58.3) (116.9) 175.2) (313.3) Cumulative effect of change in accounting principle, net of tax (1.3) ––) ––) ––) (1.3) Net income (loss) $0,(314.6) $00(58.3) $0(116.9) $0,175.2) $0(314.6) Allegheny Technologies Incorporated Financial Information for Subsidiary and Guarantor Parent Condensed Statements of Cash Flows For the year ended December 31, 2003 Non- Guarantor guarantor (In millions) Parent Subsidiary Subsidiaries Eliminations) Consolidated Cash flows provided by (used in) operating activities $00,(57.5) $0,136.7) $00,24.5) $00(21.7) $00,82.0) Cash flows provided by (used in)  investing activities ––) (28.2) (46.3) 4.2) (70.3) Cash flows provided by (used in)  financing activities 57.6) (109.2) 42.6) 17.5) 8.5) Increase (decrease) in cash  and cash equivalents $00000.1) $000(0.7) $00,20.8) $0000,––) $00,20.2) ATI Annual Report 2003 57