text: Non-operating income was a loss of $0.1 million, a decrease of $0.3 million, primarily due to losses recorded for the 
  Company’s portfolio of investments, offset by an increase in patronage equity earned from CoBank, the Company’s 
  primary lender. 
  
  Income (loss) from continuing operations before taxes was a $5.0 million loss compared to a profit of $15.5 million in 
  2001, a decrease of $20.5 million. Gains and losses on external investments contributed $21.7 million to this change 
  from 2002 to 2001. 
  
  The Company recognized an income tax benefit of $2.1 million on continuing operations in 2002, which is an effective 
  tax rate of 42.2% due to the impact of net operating loss carry forwards generated in several states with higher tax 
  rates, offset by the need for a valuation allowance. 
  
  Net loss from continuing operations was $2.9 million, a decrease of $12.6 million from 2001. The results are primarily 
  made up of the one-time impact of the losses on the sale of the VeriSign stock and the improvement in operating 
  income. 
  
  Income from discontinued operations was $7.4 million after taxes, an increase of $0.7 million or 11%. Increased 
  revenues from use of our cellular network by customers of other wireless providers were the main cause for the 
  increase in net income. 