Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value as of December 31, 2009 and the level in the fair value hierarchy:

The Company’s derivative financial assets and liabilities have historically been aluminum and natural gas forward contracts, and aluminum option contracts.

Aluminum futures contracts are fair valued using market prices as published by the London Metal Exchange, which is an active market (Level 1). Natural gas forwards are fair valued using market prices as published by the New York Mercantile Exchange (“NYMEX”), which is an active market (Level 1). Aluminum option contracts and Natural gas option contracts are valued using a Black Scholes model with observable market inputs for aluminum, natural gas and interest rates (Level 2).

Inventories, Net

The Company uses the last-in, first-out (“LIFO”) method of accounting for manufacturing inventories. Supplies inventory is valued on an average cost basis. Inventories maintained by Recycling that consist solely of raw materials are valued on a first-in, first-out (“FIFO”) basis.

Long-Lived Assets

The Company continually evaluates whether events and circumstances have occurred that indicate the remaining estimated useful life of long-lived assets may warrant revision or that the remaining balance may not be recoverable. These factors may include a significant deterioration of operating results, changes in business plans, or changes in anticipated cash flows. When factors indicate that an asset should be evaluated for possible impairment, the Company reviews long-lived assets to assess recoverability from future operations using undiscounted cash flows. Impairments are recognized in earnings to the extent that the carrying value exceeds fair value. The Company evaluated the recoverability of long-lived assets as of December 31, 2009 and no impairment charge was recorded. The Company evaluated events and circumstances to determine whether any impairment indicators were present during the threesix months ended March 31,June 30, 2010 and none were noted.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

Recently Adopted Accounting Standards

In June 2009, the FASB issued new authoritative guidance for accounting for transfers of financial assets. This guidance clarifies the information that an entity must provide in its financial statements surrounding a transfer of

financial assets and the effect of the transfer on its financial position, financial performance, and cash flows. This Statement is effective as of the beginning of the annual period beginning after November 15, 2009. The adoption of the new guidance on January 1, 2010 did not have a material impact on our consolidated financial statements or disclosures.

In June 2009, the FASB issued new authoritative guidance that clarifies and improves financial reporting by entities involved with variable interest entities. This Statement is effective as of the beginning of the annual period beginning after November 15, 2009. The adoption of the new guidance on January 1, 2010 did not have a material impact on our consolidated financial statements or disclosures.

3. Liquidity

The Company has incurred significant losses in the past three years as a result of unfavorable contracts, commodity pricing pressures, volume and liquidity issues which have had a negative impact on cash flows. During 2008 and 2009 and continuing into 2010, management has taken active steps to improve its contracts, improve productivity, reduce costs and implement new machinery to expand product offerings to include wider coil to supply the 14-out market. These investments, which were completed in 2009, have strengthened the Company’s competitive position by increasing capacity and product offerings and reducing operating costs while maintaining industry-leading quality standards. The market for the Company’s products remains quite competitive. Production levels in 2009 were lower than expected due to the continued effects of negotiated volume reductions on long term contracts in exchange for price concessions. The reduced volumes resulted in inefficiencies in the production process which had a negative impact on the Company’s operating results during 2009. During the fourth quarter of 2009, the Company ramped up its costs to increase inventory and production levels in anticipation of significantly higher contracted sales for 2010. These costs included training and costs to recall additional workers. This ramp upThese cost increases further negatively impacted the Company’s 2009 operating results. The Company’s 2010 production levels have increased significantly as a result of the Company’s investment in machinery and the resulting increased contractual commitments.

The Company entered into new supply contracts for 2010, including a multi-year contract to supply Anheuser-Busch InBev. These contracted salescontracts represent significantly higher sales volumes than each of the past five years. The Company believes the new supply contracts will provide for more effective pass throughs of its costs than did its prior contracts and are not constricted by artificial price constraints such as metal price ceilings or “caps”. The Company expects to have substantially all of its capacity committed under these contracts.

The Company’s revolving and secured credit facility was set to mature on May 5, 2010. On March 10, 2010 the facility was extended to May 5, 2011. There can be no assurance that the Company will be successful in obtaining a further extension or additional financing on favorable terms, or at all.

On March 29, 2010, the Company executed Amendment No. 4 to the master lease agreement with the RSA which extended the term of the lease to May 5, 2011. The interest rate remainsCompany is working with lenders to negotiate an extension to the term of the facility and the lease. There can be no assurance that the Company will be successful in obtaining a further extension or additional financing on favorable terms, or at 10.7%.all.

Management believes that these initiatives as well as the availability under the revolving and secured credit agreement will be sufficient to pay operating expenses, satisfy debt service obligations, fund capital expenditures throughfor the remainder of 2010next twelve months and meet the production increases necessary to meet its new contractual obligations in 2010.the next twelve months. However, in the event they are not, the Company will seek alternative sources of funding.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

4. Inventories

Inventories consisted of the following:

Manufacturing inventories for Wise Alloys are stated at the lower of cost or market based on the LIFO method. If the FIFO method had been used at March 31,June 30, 2010 and December 31, 2009, inventories would have been approximately $30,599 higher. An actual valuation of inventory under the LIFO method can be made only at the end of each year based on the inventory levels and costs at that time. Interim LIFO calculations must necessarily be based on management’s estimates of expected year-end inventory levels and costs dependent upon prevailing aluminum costs and other factors which are beyond management’s control. Accordingly, management’s estimates of the effects of LIFO calculations on inventories and costs of sales are subject to change prior to the year-end calculation. Supplies inventory is valued on an average cost basis. Inventories at Wise Recycling are stated at the lower of cost or market based on the FIFO method. Inventories maintained by Recycling, total $10,264$9,784 and $8,455 at March 31,June 30, 2010 and December 31, 2009, respectively, and are comprised solely of raw materials. Wise Recycling inventory at March 31, 2010 and December 31, 2009 includes a lower of cost or market charge to income of $0 and $154, respectively.

5. Financing Arrangements

Debt consisted of the following:

Revolving and secured credit facility

At March 31,June 30, 2010, the Company had drawn $241,589$247,471 on the revolving and secured credit facility. In addition, the Company had approximately $628$878 of outstanding letters of credit against the $274,000 revolving credit line.

The applicable interest rates for the remaining commitment under the revolving credit facility ranged either from 1.25%—1.75% over the prime interest rate or 3.50%—4.00% over the LIBOR rate, as determined by the Agent, and was based upon the Adjusted EBITDA (defined in the revolving credit agreement as earnings before income taxes, interest expense and fees, net, and depreciation and amortization, adjusted to exclude early extinguishment of debt, income from affiliate, nonrecurring charges, severance charges and credits, LIFO adjustments, cumulative effect of change in accounting principle and mark-to-market adjustment for derivative contracts) of the Company for the immediately preceding two (2), three (3) or four (4) fiscal quarter periods. On March 10, 2010, as part of an extension to the facility, the rate was amended to range from 5.25%—5.50% over the LIBOR rate. At March 31,June 30, 2010 LIBOR was 0.23%0.35%.

As of March 31, 2010 and December 31, 2009, the Company was in compliance with all required financial covenants related to the revolving credit facility. A minimum availability covenant was in place for the 2009 first quarter until Amendment No. 16 was executed on April 30, 2009. The Company is restricted from drawing on funds that represent

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

the minimum availability amount. The minimum availability was set at $20,000 which was reduced to $15,000 and then $10,000 all within 2009. On March 10, 2010, as part of an extension to the facility, the minimum availability was reduced to $5,000 and will be incrementally increased beginning in May back to $10,000 by September 2010.

On March 10, 2010 the term of the facility was extended to May 5, 2011. The parties to the agreement agreed to a minimum EBITDA level for the first quarter of 2010 and a fixed charge coverage ratio for subsequent quarters. The failure to comply with these covenants could result in an event of default, which if not cured or waived, could have a material adverse effect on our business, financial condition, and results of operations. The Company expects to negotiate an extension of the term of the revolving credit agreement due May 5, 2011. There can be no assurance that we will reach agreement to extend the existing or for a new facility on satisfactory terms or at all. If we are not able to successfully negotiate an extension or a new facility prior to termination of the current facility, the Company will seek alternative sources of funding. However, there can be no assurance that we will be able to do so and the inability to do so could have a material adverse impact on our business, assets and ability to fund our liquidity needs.

As of June 30, 2010 and December 31, 2009, the Company was in compliance with all required financial covenants related to the revolving credit facility. The Company’s most restrictive covenant is a fixed charge coverage ratio which was set at 0.75 for the second quarter, 0.90 for the third quarter and 1.10 for the fourth quarter on a twelve month trailing basis starting January 1, 2010. The ratio was set at increasingly higher levels based on the Company’s expected production levels. At June 30, 2010 the ratio was 0.82 . A minimum availability covenant was in place for the 2009 first quarter until Amendment No. 16 was executed on April 30, 2009. The Company is restricted from drawing on funds that represent the minimum availability amount. The minimum availability was set at $20,000 which was reduced to $15,000 and then $10,000 all within 2009. On March 10, 2010, as part of an extension to the facility, the minimum availability was reduced to $5,000. It is being incrementally increased beginning in May 2010 back to $10,000 by September 2010. The minimum availability was $7,000 at June 30, 2010.

The facility is considered short term based on its terms as well as that it provides for the use of a lockbox as well as material adverse effect language within the agreement. The Company’s ability to borrow the full available amount of the credit facility is limited by the available borrowing base under the revolving credit facility as determined based on a borrowing base formula which relates to the collateral value of trade receivables and inventory on a basis approximating the lower of current cost (on a FIFO basis) or fair market value. This borrowing base is then compared to the outstanding loan balance (including outstanding letters of credit) to determine a net amount available for additional borrowings (“Availability”). Availability as calculated under the revolving credit agreement at March 31,June 30, 2010 was $17.7$13.1 million prior to the application of the minimum availability level discussed above. In addition, any default under the revolving and secured credit facility or agreements governing other indebtedness could lead to an acceleration of debt under other debt instruments that contain cross acceleration or cross default provisions. In connection with Amendment No. 15, the Company also granted the Retirement Systems of Alabama (the “RSA”) a 4% membership interest in the Company and granted those members of the Company’s management board appointed by the RSA approval rights over certain matters. The 4% member interest was recorded separately as an increase in Members’ Deficit with the remaining proceeds from the debt issuance recorded as borrowings under the revolving and secured credit facility. This resulted in a debt discount of $654 which will behas been fully accreted over the lifeas of the loan. The unamortized balance at March 31, 2010 and December 31, 2009 were $46 and $163, respectively.June 30, 2010.

Senior notes

The Company issued $150,000 in senior secured notes which are due in May 2012. The notes bear a 10.25% interest rate payable bi-annually on May 15 and November 15. Total financing costs associated with the issuance of the senior secured notes were $8,200 and are included on the balance sheet as other long term assets. The unamortized balance at March 31,June 30, 2010 was and December 31, 2009 were $2,439$2,146 and $2,732, respectively.

Wise Metals Group LLC and Wise Alloys Finance Corporation are co-issuers of the senior notes. Wise Alloys Finance Corporation is an indirect wholly-owned subsidiary of Wise Metals Group LLC. Wise Metals Group LLC has no independent assets or operations. The senior notes are guaranteed by all Wise Metals Group LLC subsidiaries, other than Wise Alloys Finance Corporation and ASAP, which are all 100% owned, and the guarantees are full and unconditional and joint and several. There are no material restrictions on the ability of our subsidiaries to transfer cash to the co-issuers. All amounts in Wise Metals Group LLC’s consolidated financial statements would be representative of the combined guarantors.guarantors and non-guarantors. See Note 10.

Other notes payable and capital lease obligations

The Company executed a sale-financing agreement on certain pieces of production equipment with the RSA. The agreement qualifies as a capital lease and has a fixed interest rate of 10.7%. The lease was set to expire on May 5, 2010. On March 29, 2010, the Company executed Amendment No. 4 to the master lease agreement with the RSA which extended the term of the lease to May 5, 2011. The interest rate remains at 10.7%. The balance of the lease at March 31,June 30, 2010 and December 31, 2009 was $32,666$31,797 and $33,512, respectively. The notelease is classified as “Term loans“Current portion of long term debt and capital lease obligations, less current portion”obligations” on the Company’s consolidated balance sheet at March 31,June 30, 2010 and “Current portion of long-term debt and capital lease obligation” at December 31, 2009.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

On February 12, 2010, we entered into an Amendment No. 17 to our revolving credit facility (“Amendment No. 17”) permitting the formation of Alabama Spares and Parts, LLC (“ASAP”),ASAP, a subsidiary, which will operate in tandem with its third-party manager to more effectively and efficiently manage the company’s spare parts inventory. In addition, Amendment No. 17 permitted us to make a $10 million investment of various machinery spare parts and up to an additional $2.5 million contribution of cash and/or assets into ASAP in the future. ASAP’s inventory was used to secure an $8 million line of credit from the RSA, the proceeds of which were distributed to Alloys and used for operations.

The Company has other notes outstanding at March 31,June 30, 2010 in the amount of $2,716.$2,717. The fair value of the Company’s debt at March 31,June 30, 2010 was $421,702$437,428 compared to $412,918 at December 31, 2009.

6. Pension and Post-Retirement Benefits

The Company maintains defined contribution plans as well as a defined benefit pension plan. InFor the six months ended June 30, 2010, the Company has made nodid not make any cash contributions to its defined benefit pension plan. InFor the remainder of 2010, the Company expects to make cash contributions of approximately $540 to its defined benefit pension plan. In addition, the Company also expects to fund benefits paid under its unfunded post retirement benefit plans in 2010.

The 2010 and 2009 amounts shown below reflect the defined benefit pension and other postretirement benefit expense for the three and six month periodperiods ended March 31,June 30, 2010 for each year:

7. Redeemable Preferred Membership Interest

On October 4, 2007, the Company reached an agreement with the RSA in which the RSA agreed to purchase $75,000 of cumulative-convertible 10 percent PIK preferred membership interests of the Company. The preferred interest is convertible into 25 percent of the common interest of the Company. The Company has the right to call the preferred membership interest after seven years at the cost of the greater of the investment plus any accrued PIK dividends or the fair market value of the preferred interest on an as converted basis.

In conjunction with the transaction, deferred financing fees were incurred in the amount of $1,083 of which the amortization of those fees was $39 and $39 for the three months ended March 31,June 30, 2010 and 2009 respectively.and $77 for the six months ended June 30, 2010 and 2009. As of March 31,June 30, 2010 and December 31, 2009, total accumulated PIK interest on the $75,000 cumulative-convertible preferred membership interest was $20,288$22,557 and $18,019, respectively. As of March 31,June 30, 2010 and December 31, 2009, unamortized deferred financing fees in the amount of $696$657 and $735, respectively, are included as an offset to the total liquidation preference of $75,000 preferred membership interest and $20,288$22,557 and $18,019, respectively, of accumulated PIK interest classified as “mezzanine equity” on the consolidated balance sheets. In the event of any liquidation, dissolution or winding up of the Company, the preferred members are entitled to receive distributions before any distributions to the members.

8. Commitments and Contingencies

The Company has entered into long-term contracts to supply a significant amount of aluminum can stock with certain customers, which represents more than 50% of the production capacity of Alloys. The price of aluminum under these supply agreements is based on a quoted exchange.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

The Company is a defendant from time to time in various legal actions arising in the normal course of business, the outcomes of which, in the opinion of management, neither individually nor in the aggregate are likely to result in a material adverse effect on our business, results of operations or financial condition.

The Company is a defendant in an action brought by Merrill Lynch, Pierce, Fenner & Smith Incorporated pending in the New York Supreme Court, County of New York. In this action, Merrill Lynch seeks $900 for out-of-pocket costs and expenses allegedly incurred pursuant to a letter agreement between Wise Metals and Merrill Lynch dated January 31, 2002, in which Merrill Lynch alleges that Wise Metals agreed to reimburse Merrill Lynch for such costs and expenses. The Company has hired counsel and is vigorously contesting this lawsuit and believes it has meritorious defenses to the claims alleged therein. The Company has filed an answer to the complaint denying the material allegations and alleging several affirmative defenses and counterclaims which exceed in amount the sum sought by Merrill Lynch. Merrill Lynch moved to dismiss the Company’s counterclaims and by an order dated December 30, 2004, the Court granted this motion, dismissed the counterclaims and permitted the Company to replead two of the counterclaims. The Company appealed, which resulted in a reversal reinstating the dismissed counterclaims. By order dated April 21, 2010, the Court granted the Company’s motion to amend its counterclaims to seek punitive damages as relief with respect to the counterclaims against Merrill Lynch for alleged fraud and breach of fiduciary duty .duty. Merrill Lynch’s time to respond to the amended counterclaims has not yet expired. The action is proceeding and is presently in the discovery stages. The Company believes that it is not currently possible to estimate the ultimate outcome of this litigation. As a result, no expense for any potential adverse outcome of this matter has been recorded in the consolidated financial statements.

Future environmental regulations, including those under the Clean Air Act and Clean Water Act, or more aggressive enforcement of existing regulations, may result in stricter compliance requirements for the Company and for the aluminum industry in general.

In connection with our acquisition of the Listerhill facility in 1999, a consultant performed a soil and groundwater investigation (“Phase II Report”) to identify any environmental issues at the various plants that comprise the Listerhill facility. That Phase II Report identified certain on-site environmental areas of concern that may potentially require investigation or remediation and provided a then-present value estimate of approximately $18,000 to address them. Pursuant to the Listerhill facility purchase agreement, the prior owner of the Listerhill facility, Reynolds, now Alcoa, is required to perform the work necessary and to indemnify the Company against the environmental matters required by applicable law to be addressed that are identified in the Phase II Report and any other such environmental liabilities attributable to Reynolds that were identified on or before March 31, 2004 subject to certain limitations. Alcoa disagrees with the cost estimates contained in the Phase II Report and has stated that it estimates that the environmental issues identified in the Phase II Report will cost less than $18,000 to remediate. Although Alcoa has conducted some on-site environmental investigations and sampling and has submitted reports to the Alabama Department of Environmental Management (“ADEM”) regarding most of the on-site areas of concern, and it has commenced cleanup activities with respect to some of the areas of concern, Alcoa has not yet commenced cleanup activities with respect to some of the areas of concern.

The Company is also party to an Environmental Cooperation Agreement, (“ECA”), with Alcoa, which is Reynolds’ successor. The ECA addresses, among other things, the use of a surface water ditch system by both us and Alcoa, the use of process water retention ponds on Alcoa’s property and certain surface drainage easements across our property. The ECA was set to expire in December 2009, with automatic two year renewal periods unless either party elects to terminate, in which event the ECA will terminate one year following such election. Neither party elected to terminate the agreement. Under the ECA, each party defends and indemnifies the other against claims arising from its own violations of any applicable environmental laws, its handling, use, or disposal of hazardous materials at the Listerhill facility, a breach of any warranties, representations or covenants in the agreement, or damage or loss to property and injury to or death of any persons.

The Company is a defendant in an action brought by M&A Capital, LLC (“M&A”). In a suit dated May 8, 2008, M&A is seeking payment of fees in the amount of $1,400 related to a financial advisory engagement. Wise Metals has hired counsel and is vigorously contesting this lawsuit and believes it has meritorious defenses. The Company has accrued for this contingency and, accordingly, the ultimate resolution of these matters is not expected to have a material adverse effect on the Company’s consolidated financial statements.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

The Company may from time to time be a party to certain claims and litigation associated with employment related matters for which management believes that the ultimate resolution will not have a material adverse impact on the Company’s financial position.

In July 2008, the National Labor Relations Board issued a consolidated complaint against the Company which alleges that the Company failed to pay termination benefits to certain former employees represented by unions that, as of November November��1, 2007, no longer represent any employees at the Company. The complaint seeks benefits on behalf of a group of former employees but does not seek a specific amount for relief. The complaint was originally denied due to lack of timely filing. That decision was appealed and also denied. The Company has accrued for this contingency based on past negotiation and on-going arbitration hearings and, accordingly, the ultimate resolution of these matters is not expected to have a material adverse effect on the Company’s financial position, operating results and cash flows.

As of March 31,June 30, 2010, the Company had no other known probable exposures relating to claims, environmental matters, or other legal proceedings that are expected to have a material adverse effect on the Company. There can be no assurance, however, that unanticipated events will not require the Company to increase the amount it has accrued for any matter or accrue for a matter that has not been previously accrued because it was not considered probable. While it is possible that the increase or establishment of an accrual could have a material adverse effect on the Company’s financial results for any particular fiscal quarter or year, in the opinion of management there exists no known potential exposure that would have a material adverse effect on the financial condition or on the financial results of the Company beyond such fiscal quarter or year.

The Company is subject to certain monthly purchase commitments for raw materials. The amount of inventory under this commitment not yet received was $200,000$195,496 and $220,557 as of March 31,June 30, 2010 and December 31, 2009, respectively.

9. Business Segment Information

A reportable segment is a component of an enterprise in which the operating results are regularly reviewed by the enterprise’s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. The Company has two reportable segments: Alloys and Recycling.

Wise Alloys: Alloys principally manufactures and sells aluminum can sheet to aluminum can producers and also serves the transportation, building, and construction markets. Beverage can stock is aluminum sheet specifically designed and engineered for use in the production of aluminum beverage cans and represents the Company’s primary product. Can stock customers include Ball Corporation, Crown Holdings, Inc. and Rexam PLC, the three largest beverage can manufacturers in the world. In addition, Alloys produces food can stock and semi-fabricated aluminum sheet for building and construction, transportation and other markets.

Wise Recycling: Recycling is engaged in the recycling and sale of scrap aluminum and other non-ferrous metals for use by Alloys as well as for sale to third parties. Recycling provides the Company with an effective, profitable infrastructure to obtain a portion of Alloys’ scrap requirements. Recycling has developed a collection process that utilizes both direct acquisitions from scrap dealers and industrial accounts, as well as “off-the-street” from the actual consumer. Furthermore, Recycling collects other forms of non-ferrous scrap, primarily non-UBC (used beverage containers) aluminum, copper and brass, for sale in the merchant market. The Company is currently expanding the business of Recycling to include warehousing operations in order to provide regional shipping centers for our scrap collection and to enhance the ability to provide a vendor managed inventory program for Alloys customers.

Substantially all of our revenues and assets are attributed to or are located in the United States. The Company evaluates segment performance based on profit or loss from operations before corporate general and administrative expenses, LIFO adjustments, and mark-to-market adjustments for derivative contracts. The accounting policies of the segments are the same as those described in the significant accounting policies.

We have concluded that both TMC, AEM and ASAP are not reportable segments because they are not significant to our consolidated operations and represent less than 10% of our revenues and their absolute profits or losses represent less than 10% of our absolute profit or loss for the three and six months ended March 31,June 30, 2010 and 2009. Additionally, TMC’s and AEM’s assets were less than 10% of the combined assets of our operating segments as of March 31,June 30, 2010 and December 31, 2009. Financial information about TMC, AEM and ASAP are included in the “Other” caption in the tables below.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

The following table sets forth information on the Company’s reportable segments:

Note 1: The Company has eliminated all intercompany sales and cost of sales associated with transfers of recycled aluminum from Recycling to Alloys. Recycling transfers aluminum to Alloys at market value and recognizes profit only when the sale to the end consumer is completed. Recycling transferred aluminum to Alloys with a cost of $9,432 and $7,178 for the three month periods ended March 31, 2010 and 2009, respectively.

Wise Metals Group LLC

Notes to Condensed Consolidated Financial Statements—(Continued)

March 31, 2010

(Unaudited)

(Dollars in thousands)

10. Issuer and Non-Guarantor Financial Information

ASAP, a wholly owned unrestricted subsidiary, does not guarantee the senior secured notes and is reported as part of continuing operations. Condensed combining balance sheets, statements of operations, and statements of cash flows for the Issuerissuer, guarantors and for ASAPnon-guarantor follow:

Wise Metals Group LLC

Condensed Consolidated Balance Sheets

(Unaudited)

(Unaudited)

(In thousands)

Wise Metals Group LLC

Condensed Consolidated Statements of Operations

(In thousands)

(In thousands)

(Unaudited)