1、7402 South Kyrene RoadSuite 101Tempe,Arizona 85283Phone:480-894-THE STORAGE AND OFFICE SOLUTIONS SPECIALISTS2003 Annual Report041065a 5/11/04 7:28 AM Page 1PortableStorage Solutions010203EARNINGS PER SHARE(diluted)$1.34$1.38(3)(4)$1.21(1)(2)010203OPERATING INCOME($in millions)$40.6$44.1(3)$44.9(1)01
2、0203REVENUES($in millions)$114.7$133.1$146.61Pro forma financial information for 2003 excludes Florida litigation expense of approximately$5.2 million,net of income tax benefit of$3.3 million.2Net income for 2003 excludes debt restructuring expense of approximately$6.4 million,net of income tax bene
3、fit of$4.0 million.3Net income for 2002 excludes debt restructuring expense of approximately$0.8 million,net of income tax benefit of$0.5 million.4Before extraordinary item.2003(1)2002(3)2001Margin Analysis%of total%of total%of totalrevenuesrevenuesrevenuesEBITDA38.240.242.6Operating Income30.733.13
4、5.3Net Income11.9(2)14.916.3Corporate Profile Mobile Mini,Inc.is North Americas leading provider of portable storage solutions through its total fleet of over 91,000portable storage units and portable offices.Through a Company-owned network of 47 branches located in 27 states and oneCanadian provinc
5、e,the Company implements a replicable operating strategy of leasing secure,high quality portable storage con-tainers and office units,to offer a diversified product line and to deliver excellent customer service.Mobile Minis ongoing success in deploying this strategy stems from the Companys consiste
6、nt attention to a number of keyoperational drivers.These include expanding and strengthening its infrastructure;adding new or adapting existing products thatsolve customers storage problems,marketing,retaining dedicated employees and promoting from within.Since its founding in 1983,Mobile Minis dili