(In millions except per share amounts) Allegheny Technologies Incorporated and Subsidiaries Consolidated Statements of Operations For the Years Ended December 31, 2003) 2002) 2001) Sales $1,937.4) $1,907.8) $2,128.0) Costs and expenses: Cost of sales 1,873.6) 1,744.5) 1,862.3) Selling and administrative expenses 248.8) 188.3) 198.8) Restructuring costs 62.4) 42.8) 74.2) Loss before interest, other income and income taxes (247.4) (67.8) (7.3) Interest expense, net 27.7) 34.3) 29.3) Other income (expense), net (5.1) (1.7) 0.2) Loss before income tax provision (benefit) and cumulative effect of change in accounting principle (280.2) (103.8) (36.4) Income tax provision (benefit) 33.1) (38.0) (11.2) Net loss before cumulative effect of change in accounting principle (313.3) (65.8) (25.2) Cumulative effect of change in accounting principle, net of tax (1.3) —) —) Net loss $0(314.6) $00(65.8) $00(25.2) Basic and diluted net loss per common share before cumulative effect of change in accounting principle $00(3.87) $00(0.82) $00(0.31) Cumulative effect of change in accounting principle (0.02) —) —) Basic and diluted net loss per common share $00(3.89) $00(0.82) $00(0.31) The accompanying notes are an integral part of these statements. ATI Annual Report 2003 31