HARSCO CORPORATION Condensed Consolidated Statements of Operations (In thousands, except per share amounts) Years ended December 31 2014 2013 2012 Revenues from continuing operations: Service revenues $1,365,696 $2,229,966 $2,340,996 Product revenues 700,042 666,554 705,022 Total revenues 2,065,738 2,896,520 3,046,018 Costs and expenses from continuing operations: Cost of services sold  1,151,842 1,766,730 1,861,732 Cost of products sold  494,944 467,485 487,784 Selling, general and administrative expenses 285,252 481,052 503,339 Research and development expenses 6,348 9,570 9,139 Goodwill impairment charge – – 265,038 Loss on disposal of Harsco Infrastructure Segment and transaction costs 6,057 291,372 – Other expenses 57,824 15,110 93,776 Total costs and expenses 2,002,267 3,031,319 3,220,808 Operating income (loss) from continuing operation 63,471 (134,799) (174,790) Interest income 1,702 2,087 3,676 Interest expense (47,111) (49,654) (47,381) Change in fair value to unit adjustment liability (9,740) (966) – Income (loss) from continuing operations before income taxes and equity income (loss)  8,322 (183,332) (218,495) Income tax expense (27,171) (34,912) (35,251) Equity in income (loss) of unconsolidated entities, net (1,558) 1,548 564 Loss from continuing operations  (20,407) (216,696) (253,182) Discontinued operations: Income (loss) on disposal of discontinued business 176 (2,398) (1,843) Income tax (expense) benefit related to discontinued business (66) 906 924 Income (loss) from discontinued operations 110 (1,492) (919) Net loss (20,297) (218,188) (254,101) Less: Net income attributable to noncontrolling interests (4,495) (9,753) (511) Net loss attributable to Harsco Corporation ««÷$÷÷(24,792) «$««(227,941) «$««(254,612) Amounts attributable to Harsco Corporation common stockholders: Loss from continuing operations, net of tax $÷÷(24,902) $««(226,449) $««(253,693) Income (loss) from discontinued operations, net of tax 110 (1,492) (919) Net loss attributable to Harsco Corporation common stockholders $÷÷(24,792) $««(227,941) «$««(254,612) Weighted-average shares of common stock outstanding 80,884 80,755 80,632 Basic loss per share attributable to Harsco Corporation common stockholders: Continuing operations $÷÷÷÷(0.31) $««««««««(2.80) $««««««««(3.15) Discontinued operations – (0.02) (0.01) Basic loss per share attributable to Harsco Corporation common stockholders ÷÷$÷÷÷÷(0.31) ÷÷$÷÷««««(2.82) ÷÷$÷÷««««(3.16) Diluted weighted-average shares of common stock outstanding 80,884 80,755 80,632 Diluted loss per share attributable to Harsco Corporation common stockholders: Continuing operations $÷÷÷÷(0.31) $««««««««(2.80) $««««««««(3.15) Discontinued operations – (0.02) (0.01) Diluted loss per share attributable to Harsco Corporation common stockholders ÷÷$÷÷÷÷(0.31) ÷÷$÷÷««««(2.82) ÷÷$÷÷««««(3.16) The complete financial statements for Harsco Corporation as of December 31, 2014 may be found in the Company’s Form 10-K for the year ended December 31, 2014, as filed with the Securities and Exchange Commission on March 2, 2015. 2014 SUMMARY ANNUAL REPORT 12