BEL FUSE AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS ($000s omitted, except for per share data) (Unaudited) Three Months Ended December 31, 2006 2005 Twelve Months Ended December 31, 2006 2005 $ 60,573 $ 56,684 $ 254,933 $ 215,916 46,927 9,093 -56,020 42,346 8,500 -50,846 192,985 37,800 1,030 231,815 156,147 33,152 -189,299 4,553 5,838 23,118 26,617 Other income - net Gain on sale of marketable securities 817 -- 325 -- 2,780 5,150 1,098 -- Earnings before income tax provision 5,370 6,163 31,048 27,715 673 2,898 5,845 7,482 Net earnings $ 4,697 $ 3,265 $ 25,203 $ 20,233 Net earnings per common share -- Basic Class A Class B $ $ 0.38 0.40 $ $ 0.26 0.28 $ $ 2.03 2.16 $ $ 1.67 1.79 Net earnings per common share -- Diluted Class A Class B $ $ 0.38 0.40 $ $ 0.26 0.28 $ $ 2.03 2.15 $ $ 1.67 1.77 Net Sales Cost of expenses: Cost of sales Selling, general and administrative expenses Casualty loss Income from operations Income tax provision Weighted average Class A common shares outstanding Basic Diluted 2,703 2,703 2,703 2,703 2,703 2,703 2,703 2,703 Weighted average Class B common shares outstanding Basic Diluted 9,160 9,172 8,995 9,054 9,105 9,150 8,807 8,891 CONDENSED CONSOLIDATED BALANCE SHEET DATA ( 000s omitted) ASSETS December 31, 2006 2005 (unaudited) (audited) $ 186,296 $ 165,232 Property, plant & equipment, net 44,289 42,379 Goodwill 28,117 22,428 9,795 12,017 $ 268,497 $ 242,056 Current Assets Intangibles & other assets Total Assets LIABILITIES & EQUITY December 31, 2006 2005 (unaudited) (audited) $ 41,619 $ 37,029 4,728 3,451 222,150 201,576 Total Liabilities & Equity $ 268,497 $ 242,056 Current liabilities Non-current liabilities Stockholders' equity