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Solutia Reports Third Quarter 2009 Results
Date:10/26/2009

g Comparability SOLUTIA INC. CONSOLIDATED STATEMENT OF OPERATIONS (Dollars and shares in millions, except per share amounts) (Unaudited) Successor --------- Three Months Three Months Ended Ended September 30, September 30, 2009 2008 ------------- ------------- Net Sales $448 $587 Cost of goods sold 312 431 --- --- Gross Profit 136 156 Selling, general and administrative expenses 53 75 Research, development and other operating expenses, net 8 3 --- --- Operating Income 75 78 Interest expense (31) (42) Other income (loss), net (1) 4 --- --- Income from Continuing Operations Before Income Tax Expense 40 43 Income tax expense 12 17 --- --- Income from Continuing Operations 31
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