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Superior Plus Income Fund 2006 Second Quarter Results
Superior Plus Income Fund 2006 Second Quarter Results.
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\n\nTSX: SPF.UN\n\nCALGARY, Aug. 10 /CNW/ -\n\n>\n\nCash Distribution Notice\n------------------------\nThe Fund announced today its cash distribution for the month of August\n2006 of $0.13 (13 cents) per trust unit, payable on September 15, 2006, to\nUnitholders of record at the close of business on August 31, 2006. The ex-\ndistribution date will be August 29, 2006. For income tax purposes, the cash\ndistribution of $0.13 per trust unit is considered to be \"other income\". A\ncash distribution summary since inception of the Fund, together with tax\ninformation, is posted on our website at www.superiorplus.com.\n\n\nManagement's Discussion and Analysis of 2006 Second Quarter Results\n-------------------------------------------------------------------\n\nForward Looking Statements\n--------------------------\nExcept for the historical and present factual information, certain\nstatements contained herein are forward-looking. Such forward-looking\nstatements are not guarantees of future performance and involve a number of\nknown and unknown risks and uncertainties which may cause the actual results\nof the Superior Plus Income Fund (the \"Fund\") or Superior Plus Inc.\n(\"Superior\") in future periods to differ materially from any projections\nexpressed or implied by such forward-looking statements and therefore should\nnot be unduly relied upon. Any forward-looking statements are made as of the\ndate hereof and neither the Fund nor Superior undertakes any obligation to\npublicly update or revise such statements to reflect new information,\nsubsequent events or otherwise.\n\nDistributable Cash Flow and Other Non-GAAP Measures\n---------------------------------------------------\nDistributable cash flow of the Fund available for distribution to\nUnitholders, is equal to cash generated from operations before natural gas\ncustomer acquisition costs and changes in working capital, less amortization\nof natural gas customer acquisition costs and maintenance capital\nexpenditures. Maintenance capital expenditures are equal to capital\nexpenditures incurred to maintain the capacity of Superior's operations and\nare deducted from the calculation of distributable cash flow. Acquisitions and\nother capital expenditures incurred to expand the capacity of Superior's\noperations or to increase its profitability (\"growth capital\"), are...