text: **REPUBLIC SERVICES, INC. AND SUBSIDIARIES**
  
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              [html]<thead><tr><tdcolspan="4">( in millions, except earnings per share data )</td></tr><tr><td></td><tdcolspan="3">Year</td></tr><tr><td></td><td>Med Decer</td><td>1,</td><td>2004</td></tr></thead><tbody><tr><td>20</td><td>__2002</td><td>REVENUE</td><td>$ 2.7</td></tr><tr><td>708.1</td><td></td><td></td><td></td></tr><tr><td>$ 2.517.8</td><td>$ 2.365.1</td><td>EXPENSES :</td><td>Cost of operations</td></tr><tr><td>1.714.4</td><td>1.605.4</td><td>1.472.9</td><td>Depreciation, amortization and depletion</td></tr><tr><td>259.4</td><td>239.1</td><td>199.6</td><td>Accretion</td></tr><tr><td>13.7</td><td>12.7</td><td>—</td><td>Selling, general and administrative</td></tr><tr><td>268.3</td><td>247.9</td><td>238.7</td><td>Other charges ( income )</td></tr><tr><td>—</td><td>−</td><td>( 5.6 )</td><td>OPERATING INCOME</td></tr><tr><td>452.3</td><td>412.7</td><td>459.5</td><td>INTEREST EXPENSE</td></tr><tr><td>( 76.7 )</td><td>( 78.0 )</td><td>( 77.0 )</td><td>INTEREST INCOME</td></tr><tr><td>6.9</td><td>9.5</td><td>4.3</td><td>OTHER INCOME ( EXPENSE ), NET</td></tr><tr><td>1.2</td><td>3.2</td><td>_ (. 3 )</td><td>INCOME BEFORE INCOME TAXES</td></tr><tr><td>383.7</td><td>347.4</td><td>386.5</td><td>PROVISION FOR INCOME TAXES</td></tr><tr><td>145.8</td><td>132.0</td><td>146.9</td><td>INCOME BEFORE CUMULATIVE EFFECT OF CHANGES IN</td></tr><tr><td>ACCOUNTING PRINCIPLES</td><td></td><td></td><td></td></tr><tr><td>237.9</td><td>215.4</td><td>239.6</td><td>CUMULATIVE EFFECT OF CHANGES IN ACCOUNTING</td></tr><tr><td>PRINCIPLES, NET OF TAX</td><td>—</td><td>( 37.8 )</td><td>—</td></tr><tr><td>NET INCOME</td><td></td><td></td><td></td></tr><tr><td>$ __2</td><td>237.9</td><td>$ _177.6</td><td>$ 239.6</td></tr><tr><td>BASIC EARNINGS PER SHARE :</td><td>Before cumulative effect of changes in accounting principles</td><td>$</td><td>1.56</td></tr><tr><td>$</td><td>1.34</td><td>1</td><td>Cumulative effect of changes in accounting principles, net of tax</td></tr><tr><td>—</td><td>(. 23 )</td><td>—</td><td>Basic earnings per share................................................................................................................................</td></tr><tr><td>. 56</td><td></td><td></td><td></td></tr><tr><td>S</td><td>1.11</td><td>Species</td><td>Weighted average common shares outstanding</td></tr><tr><td>152.8</td><td>160.3</td><td>165.4</td><td>DILUTED EARNINGS PER SHARE :</td></tr><tr><td>Before cumulative effect of changes in accounting principles</td><td>$</td><td>1.53</td><td>$</td></tr><tr><td>1.33</td><td>$</td><td>1.44</td><td>Cumulative effect of changes in accounting principles, net of tax</td></tr><tr><td>—</td><td>(. 23 )</td><td>—</td><td>Diluted earnings per share</td></tr><tr><td>$ ___</td><td></td><td></td><td></td></tr><tr><td>. 53</td><td>$</td><td>1.10</td><td>$ __1.44</td></tr><tr><td>Weighted average common and common equivalent shares outstanding..............................</td><td>____</td><td>5.3</td><td>_</td></tr><tr><td>62.1</td><td>__166.7</td><td>CASH DIVIDENDS PER COMMON SHARE</td><td>36</td></tr></tbody>
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