The 30 Publicly-Held Kentucky Companies 2015 and 2014 Average Annual Audited Earnings Down 20% From Such Average Annual Earnings For the 3 Years 2011-2013 ..... The 20 Smallest Kentucky Companies With Market Caps Below $1 Bil Had Their 2015 and 2014 Audited Earnings Collapse With 2015 Total Audited Earnings Down 83% From 2013, Down 92% From 2012, Down 91% From 2011, Down 93% From 2010 and Down 90% From 2009

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:

				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
Market Caps Above $1 Bil
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
Ashland Inc	Covington	KY	Sep 15	191	72	553	14	3	7	(240)
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
Tempur Sealy Intl	Lexington	KY	Dec 15	75	110	79	107	220	157	85
Churchill Downs	Louisville	KY	Dec 15	65	46	55	58	61	20	18
Lexmark Intl Inc	Lexington	KY	Dec 15	(40)	80	259	111	281	350	161
Kindred Healthcare Inc	Louisville	KY	Dec 15	(52)	5	(41)	(46)	(69)	17	25
Total all 10 with Market Caps Above $1 Bil				3,680	3,309	3,948	3,727	3,946	3,394	2,713
Market Caps Below $1 Bil
Community Trust Bancorp Inc	Pikeville	KY	Dec 15	46	43	45	45	39	33	25
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
Computer Services Inc	Paducah	KY	Feb 16	29	28	27	26	26	24	22
Almost Family Inc	Louisville	KY	Dec 15	20	14	9	17	19	30	24
Farmers Capital Bank Corp	Frankfort	KY	Dec 15	15	16	13	12	3	7	(45)
Kentucky Bancshares	Paris	KY	Dec 15	7	7	6	7	6	5	5
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
HealthWarehouse.com	Florence	KY	Dec 15	(1)	(2)	(5)	(6)	(6)	(4)	(2)
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)
Rhino Resource Partners LP	Lexington	KY	Dec 15	(56)	(81)	8	39	37	41	19
General Cable Corp	Highland Heights	KY	Dec 15	(124)	(573)	(36)	(7)	54	64	45
Total all 20 with Market Caps Below $1 Bil				22	(480)	132	290	233	321	211
2015 Total Earnings % Below:
………. 2013				-83%
………. 2012				-92%
………. 2011				-91%
………. 2010				-93%
………. 2009				-90%
Total all 30				3,702	2,829	4,080	4,017	4,179	3,715	2,924
2015 and 2014 Average Annual Earnings				3,266
2013, 2012 and 2011 Average Annual Earnings				4,092
………. % Decline				-20%