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

P financial measures. Reconciliations of these measures to GAAP measures are included immediately below. Reconciliation of Income (Loss) Attributable to Solutia to Adjusted EBITDA from Continuing Operations Successor Successor --------- --------- Three Months Three Months Ended Ended September 30, September 30, (dollars in millions) 2009 2008 ---- ---- Net Income (Loss) Attributable to Solutia $29 $(7) Plus: Income Tax Expense 12 17 Interest Expense 31 42 Depreciation and Amortization 27 28 (Income) Loss from Discontinued Operations, net of tax - 28 Events affecting comparability, pre-tax: Reorganization items - - Other items (see below) 16 (1) Non-cash Stock Compensation Expense 4 3 Nylon Cost Overhang - 1 --- --- Adjusted EBITDA from Continuing Operations $119 $111 --- --- Successor Predecessor Successor Combined --------- ----------- --------- -------- Nine Months Two Months Seven Months Nine Months
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