INTERNATIONAL BANKNOTE CO INC <IBK> 4TH QTR LOSS
Oper shr loss 11 cts vs loss 14 cts
    Oper net loss 1,963,000 vs loss 2,199,000
    Revs 17.5 mln vs 40.9 mln
    Year
    Oper shr profit nine cts vs profit two cts
    Oper net profit 1,555,000 vs 456,000
    Revs 86.3 mln vs 143.7 mln
    NOTE: Net excludes extraordinary tax charges of 115,000
dlrs vs 995,000 dlrs in quarter and credits 8,096,000 dlrs vs
1,173,000 dlrs in year.
    1985 year net includes pretax gain 7,400,000 dlrs from
termination of pension plan.
    1985 net includes pretax charge 1,200,000 dlrs in quarter
and gain 1,400,000 dlrs in year from restructuring and
consolidation.
    1985 quarter net includes 1,480,000 dlr tax credit.
    1986 year net includes pretax gain 17.2 mln dlrs from sale
of foreign subsidiary.
 Reuter
