EXHIBIT 13.e
Crown Central Petroleum Corporation and Subsidiaries
OPERATING STATISTICS
Twelve Months Ended December 31
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1998 1997
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Combined Refinery Operations
Production (BPD - M) 155 159
Production (Mmbbl) 56.6 58.0
Sales (Mmbbl) 61.4 59.3
Gross Margin ($/bbl) 1.59 2.69
Gross Profit ($MM) 97.6 159.4
Operating Cost ($/bbl) (2.17) (2.25)
Operating Cost ($MM) (133.6) (133.5)
Refining Operating (Loss) Profit ($MM) (36.0) 25.9
Retail
Number Stores 343 336
Volume (pmps - Mgal) 129 132
Volume (MMgal) 529 530
Gasoline Gross Margin ($/gal) 0.125 0.116
Gasoline Gross Profit ($MM) 66.0 61.3
Merchandise Sales (pmps - $M) 27.3 25.7
Merchandise Sales ($MM) 112.4 103.7
Merchandise Gross Margin (%) 31.6 30.4
Merchandise Gross Profit ($MM) 35.5 31.5
Retail Gross Profit ($MM) 101.5 92.8
Retail Operating Costs (pmps - $M) (21.0) (18.7)
Retail Operating Costs ($MM) (86.4) (75.4)
Retail Non-Operating (Expense) ($MM) (0.7) (0.9)
Retail Net Profit ($MM) 14.4 16.5
Wholesale/Terminal Operating (Loss) ($MM) (10.5) (5.3)
Other
LIFO Recovery ($MM) 24.8 27.3
Corporate Overhead ($MM) (25.1) (21.3)
Net Interest (Expense) ($MM) (12.4) (11.5)
Other (Expense) ($MM) (1.0) (0.3)
Income Tax Benefit (Expense) ($MM) 16.4 (12.1)
Total Net (Loss) Income ($MM) (29.4) 19.2
Depreciation and Amortization ($MM) 34.0 31.6
Net Interest Expense ($MM) 12.4 11.5
LIFO (Recovery) ($MM) (24.8) (27.3)
(Gain) Loss from Asset Disposals ($MM) (0.4) 0.4
Income Tax (Benefit) Expense ($MM) (16.4) 12.1
EBITDAAL ($MM) (24.6) 47.5
Capital Expenditures ($MM) 36.2 31.9
BPD = Barrels per day
bbl = barrel or barrels as applicable
gal = gallon or
gallons as applicable
pmps = per month per store
M = in thousands
MM = in millions