BENCHMARKS REPORT

Industry Measure: Company Level Data
| SIC: | 8300 |
| INDUSTRY: | SOCIAL SERVICES |
| BENCHMARKS FOR THE INDUSTRY |
| NO. OF SEGMENTS REPORTING IN THE INDUSTRY: 20 |
|
1997 SALES FOR THE INDUSTRY: $ 1091 (Total Sales in $Millions) |
|
OPERATING MARGIN: 5.6 (EBIT (divided by) Sales) |
|
CAPITAL INTENSITY: 315.0 (Sum of Total Debt plus Shareholder Equity (divided by) Sales) |
|
SALES GROWTH: 51.8 (Compound 3-Year Growth Rate in Sales for the Median Participant in the Industry) |
| BENCHMARKS FOR THE TOP FOUR COMPETITORS |
| ROE: Net Profits (divided by) Total Shareholder Equity RONCE: EBIT (divided by) Sum of Total Debt plus Shareholders' Equity |
| Competitor/Rank by Sales |
Market Share (% Ind. Sales) |
ROE | RONCE |
| #1: ALTERRA HEALTHCARE CORP |
12.0 | -5.7 | -1.3 |
| #2: EMERITUS CORP |
10.8 | -2372.5 | -9.1 |
| #3: YOUTH SERVICES INTL INC |
9.9 | -70.0 | -28.6 |
| #4: AMERICAN RETIREMENT CORP |
8.6 | 2.8 | 7.3 |
| Total of #1-4: | 41.3 | -5.9 | 1.8 |