Kentucky Publicly-Held Company Earnings: It's a Story of The Haves .. The 14 Louisville Companies .. and The Have Nots .. The 16 Companies in the Rest of the State ..... Louisville Company Total Audited Earnings Were 96% of Total Kentucky Company Earnings in 2015 and 110% in 2014 ..... The 16 Kentucky Companies HQ'd Outside of Louisville Generated Audited Average Annual Losses of $61 Mil in the 2 Years 2014-15 as Compared to Average Annual Earnings of $691 Mil in the 4 Years 2010-2013 ..... Operating Results of Kentucky Companies Were Especially Poor in 2015 and 2014 in Both the Lexington Area and in the Cincinnati Area, Which Had Combined Average Annual Losses of $168 Mil in 2014-15 as Compared to Average Annual Earnings of $586 Mil in 2010-13 ..... The Republican and Democratic Establishments Have Done Nothing to Help These Kentucky Companies HQ'd Outside of Louisville, Their Employees and Their Families ..... When Things Are This Bad For Kentuckians Living Outside of Louisville and Even For Many Living in Louisville, the Last Thing You Need is a US President Whose Principal Strategy Is Being "Cautious" ..... The Country is Looking For "Bold' Ideas Not "Cautious" Ones ..... Being "Cautious" Just Hasn't Worked For Them Economically

From a review of US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Mostly Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and for each FYE from 2009 to 2014 for each of the 30 Publicly-Held Kentucky HQed Companies, Broken Down by Kentucky Metro Areas:

				2015	2014	2013	2012	2011	2010	2009
				Net	Net	Net	Net	Net	Net	Net
			Most	Income	Income	Income	Income	Income	Income	Income
	City	State	Recent	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)
All Kentucky Publicly-Held Companies	HQs	HQs	FYE	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils	$ mils
Louisville Area
Yum! Brands	Louisville	KY	Dec 15	1,298	1,021	1,064	1,608	1,335	1,178	1,083
Humana	Louisville	KY	Dec 15	1,276	1,147	1,231	1,222	1,419	1,099	1,040
Brown Forman	Louisville	KY	Apr 15	684	659	591	513	572	449	435
Texas Roadhouse	Louisville	KY	Dec 15	101	91	84	74	66	61	49
Papa John's Intl Inc	Louisville	KY	Dec 15	82	78	73	66	58	56	57
Churchill Downs	Louisville	KY	Dec 15	65	46	55	58	61	20	18
Stock Yards Bancorp Inc	Louisville	KY	Dec 15	37	35	27	26	24	23	16
PharMerica Corp	Louisville	KY	Dec 15	35	7	19	23	23	19	42
Republic Bancorp Inc KY	Louisville	KY	Dec 15	35	29	25	119	94	65	42
Almost Family Inc	Louisville	KY	Dec 15	20	14	9	17	19	30	24
Porter Bancorp	Louisville	KY	Dec 15	(3)	(11)	(2)	(33)	(107)	(4)	11
Industrial Services of America	Louisville	KY	Dec 15	(9)	(9)	(14)	(7)	(4)	8	5
Sypris Solutions	Louisville	KY	Dec 15	(27)	(1)	(10)	10	8	(10)	(5)
Kindred Healthcare Inc	Louisville	KY	Dec 15	(52)	5	(41)	(46)	(69)	17	25
Total all 14 Louisville				3,542	3,111	3,111	3,650	3,499	3,011	2,842
2015 and 2014 Average Annual Earnings				3,327
2010 to 2014 Average Annual Earnings				3,318
………. % Change				0%
Lexington Area
Tempur Sealy Intl	Lexington	KY	Dec 15	75	110	79	107	220	157	85
Kentucky Bancshares	Paris	KY	Dec 15	7	7	6	7	6	5	5
Lexmark Intl Inc	Lexington	KY	Dec 15	(40)	80	259	111	281	350	161
Rhino Resource Partners LP	Lexington	KY	Dec 15	(56)	(81)	8	39	37	41	19
Total all 4 Lexington Area				(14)	116	352	264	544	553	270
Cincinnati OH Area
Ashland Inc	Covington	KY	Sep 15	191	72	553	14	3	7	(240)
HealthWarehouse.com	Florence	KY	Dec 15	(1)	(2)	(5)	(6)	(6)	(4)	(2)
General Cable Corp	Highland Heights	KY	Dec 15	(124)	(573)	(36)	(7)	54	64	45
Total all 3 Cincinnati OH Area				66	(503)	512	1	51	67	(197)
Total Lexington and Cincinnati Combined				52	(387)	864	265	595	620	73
2015 and 2014 Average Annual Earnings				(168)
2010 to 2014 Average Annual Earnings				586
………. % Decline				-129%
Rest of Kentucky
Community Trust Bancorp Inc	Pikeville	KY	Dec 15	46	43	45	45	39	33	25
Computer Services Inc	Paducah	KY	Feb 16	29	28	27	26	26	24	22
Farmers Capital Bank Corp	Frankfort	KY	Dec 15	15	16	13	12	3	7	(45)
Delta Natural Gas Company Inc	Winchester	KY	Jun 15	6	8	7	6	6	6	5
Citizens First Corp	Bowling Green	KY	Dec 15	4	3	2	3	3	3	(2)
Poage Bankshares	Ashland	KY	Dec 15	3	2	2	2	2	2	1
Kentucky First Federal Bancorp	Hazard	KY	Jun 15	2	2	3	2	2	0	1
HopFed Bancorp	Hopkinsville	KY	Dec 15	2	2	4	4	3	7	2
Investors Heritage Capital Corp	Frankfort	KY	Dec 15	1	1	2	2	1	2	0
Total all 9 Rest of Kentucky				108	105	105	102	85	84	9
Total all 16 Except Louisville				160	(282)	969	367	680	704	82
2015 and 2014 Average Annual Earnings				(61)
2010 to 2014 Average Annual Earnings				680
………. % Decline				-109%
Total all 30				3,702	2,829	4,080	4,017	4,179	3,715	2,924