<PAGE>
ZAPATA CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
NOTE 16. INDUSTRY SEGMENT AND GEOGRAPHIC INFORMATION (UNAUDITED)--(CONTINUED)
INDUSTRY SEGMENT INFORMATION
<TABLE>
<CAPTION>
OPERATING DEPRECIATION,
INCOME IDENTIFIABLE DEPLETION AND CAPITAL
YEAR ENDED SEPTEMBER 30, REVENUES (LOSS) ASSETS AMORTIZATION EXPENDITURES
- ------------------------ -------- --------- ------------ ------------- ------------
(IN THOUSANDS)
<S> <C> <C> <C> <C> <C>
1995
Marine protein.......... $ 94,959 $ (6,437)(1) $ 85,012 $14,977(1) $ 5,573
Oil and gas............. 8,109 658 13,571 2,856 1,767
Corporate............... -- (3,441) 38,914 115 1
-------- -------- -------- ------- -------
$103,068 $ (9,220) $137,497 $17,948 $ 7,341
======== ======== ======== ======= =======
1994
Marine protein.......... $ 96,614 $ 5,445 $ 87,565 $ 4,535 $ 3,671
Oil and gas............. 12,549 (28,285)(3) 20,062 33,770(3) 11,792
Corporate............... -- (8,767) 44,044(2) 2,321 67
-------- -------- -------- ------- -------
$109,163 $(31,607) $151,671 $40,626 $15,530
======== ======== ======== ======= =======
1993
Marine protein.......... $ 58,565 $ 4,296 $ 92,728 $ 4,510 $ 1,477
Oil and gas............. 20,189 6,032 41,630 7,688 1,327
Corporate............... -- (6,769) 169,888(2) 378 8
-------- -------- -------- ------- -------
$ 78,754 $ 3,559 $304,246 $12,576 $ 2,812
======== ======== ======== ======= =======
</TABLE>
- --------
(1) Includes a $12.3 million provision for asset impairment to reduce the
marine protein assets to their fair market value as a result of adopting
SFAS 121.
(2) Includes Zapata's investment in Tidewater. See Note 6.
(3) Includes a $29.2 million provision for oil and gas property valuation
required as a result of low gas prices and a revision of estimated future
costs.
58