VHC LTD <VHCL> 4TH QTR OPER NET Oper shr profit 18 cts vs loss one ct Oper net profit 387,832 vs loss 29,312 Revs 6,872,630 vs NA Year Oper shr profit 39 cts vs loss 23 cts Oper net profit 835,010 vs loss 441,836 Revs 20.8 mln vs NA Avg shrs 2,135,909 vs 1,885,909 NOTE: Excludes gains of 378,000 dlrs or 18 cts and 715,000 dlrs or 33 cts in current qtr and year, respectively, from benefit of tax loss carryforwards. Year-ago excludes losses of 75,809 dlrs or four cts in qtr and 146,061 dlrs or eight cts in year from discontinued operations. 1985 restated.