OHIO TURNPIKE AND INFRASTRUCTURE COMMISSION Statement of Operations As of February 28, 2014

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1 Statement of Operations As of February 28, 2014 Month-to-Date Year-to-Date 1 Month Month 2013 $ Change % Change 2 Months Months 2013 $ Change % Change Revenues Toll $ 16,702,586 16,249,378 $ 453, % $ 34,052,048 $ 34,205,281 $ (153,233) (.4%) Concession 855, , , % 1,769,780 1,522, , % State Fuel Tax Allocation 135, ,407 24, % 284, ,553 44, % Special Toll Permit 257, ,550 (6,541) (2.5%) 508, ,807 (41,471) (7.5%) Lease & License 91,575 90,228 1, % 177, ,027 (724) (.4%) Investment 515,846 62, , % 1,011, , , % Miscellaneous 235, ,027 12, % 474, ,292 83, % Total Revenues 18,794,263 17,721,272 1,072, % 38,278,576 37,201,712 1,076, % Operation, Maintenance & Administrative Expenses Administration and Insurance 654, ,126 (136,273) (17.2%) 1,353,083 1,399,238 (46,155) (3.3%) Maintenance of Roadway and Structures 4,553,334 4,068, , % 10,743,256 8,152,936 2,590, % Service Plazas and Toll Operations 4,119,343 3,658, , % 8,027,281 7,426, , % Traffic Control, Safety and Patrol 1,033,461 1,084,609 (51,148) (4.7%) 2,217,806 2,322,493 (104,687) (4.5%) Total Operation, Maint. & Administrative Expenses 10,360,990 9,603, , % 22,341,425 19,301,182 3,040, % Net Revenue Before Capital & Debt Service Expenditures 8,433,273 8,117, , % 15,937,151 17,900,530 (1,963,379) (11.0%) Capital Outlay/Major Repairs and Replacements 1,159, , , % 1,430,683 1,372,558 58, % Debt Service Principal 28,145,000 26,455,000 1,690, % 28,145,000 26,455,000 1,690, % Interest 7,000,996 2,397,366 4,603, % 14,035,238 4,852,595 9,182, % Capital Outlay & Debt Service Expenditures 36,305,391 29,773,498 6,531, % 43,610,921 32,680,153 10,930, % Total Expenditures 46,666,381 39,376,849 7,289, % 65,952,347 51,981,335 13,971, % Other Financing Sources / (Uses) Bond Proceeds Bond Issuance Costs Infrastucture Payments to ODOT (8,478,271) - (8,478,271) (16,515,997) - (16,515,997) Investments - Fair Value Adjustment 61,547 56,016 5, % 1,585,650 7,023 1,578, % Sale of Fixed Assets 9, ,179-9, , % Total Other Sources / (Uses) (8,407,439) 56,122 (8,463,562) ( %) (14,921,062) 7,129 (14,928,191) ( %) Excess / (Deficit) of Revenues over Expenditures $ (36,279,556) $ (21,599,455) $ (14,680,102) (68.0%) $ (42,594,832) $ (14,772,494) $ (27,822,338) (188.3%) 1

2 Cash and Investments at Market Value As of February 28, 2014 Change from Change from Fund Description 2/28/14 2/28/13 12/31/13 2/13 to 2/14 12/13 to 2/14 General Fund $ 45,025,143 $ 43,948,321 $ 47,709,996 $ 1,076,822 $ (2,684,853) Non Trust Fund 45,340,952 45,183,932 45,281, ,020 59,750 Service Plaza Capital Improvement Fund 2,710,116 3,777,601 2,635,993 (1,067,486) 74,122 Fuel Tax Fund 733,351 3,074, ,490 (2,341,187) 316,861 Renewal & Replacement Fund 7,496,423 5,339,120 6,730,062 2,157, ,361 Systems Project Fund 72,924,270 15,753,896 72,454,324 57,170, ,946 Construction Fund 9,480,302-11,111,291 9,480,302 (1,630,988) Infrastructure Fund 915,704, ,120, ,704,110 (7,416,226) 1998A Debt Service Fund 10,463 2,314 19,887,609 8,150 (19,877,146) 2001B Debt Service Fund - 14,415 - (14,415) A Debt Service Fund 6,134 9,981 10,737,679 (3,847) (10,731,545) 2010A Debt Service Fund ,175,436 (388) (2,174,904) 2013A Debt Service Fund 284-1,225, (1,224,875) 2013A Jr Lien Debt Service Fund 2,798-12,051,113 2,798 (12,048,316) Sr Lien Debt Service Reserve 59,993,408 55,626,700 59,627,335 4,366, ,073 Jr Lien Debt Service Reserve 79,289,189-79,050,752 79,289, ,437 Total All Funds $ 1,238,717,475 $ 172,731,738 $ 1,294,214,777 $ 1,065,985,738 $ (55,497,302) Record of Transfers in Accordance with the Master Trust Agreement 2014 Approved Current Month Year to Date Remaining Transfers Transfers Transfers Transfers To Debt Service Funds $ 90,968,600 $ 7,662,817 $ 13,759,318 $ 77,209,282 To Renewal & Replacement Fund 9,387, , ,677 8,503,823 To Systems Project Fund 67,984, ,608 67,790,792 To Expense Reserve Fund (238,200) - (238,200) - (From) SPCI Fund To Non Trust Fund To / (From) General Reserve Fund Total $ 168,102,300 $ 7,764,202 $ 14,598,403 $ 153,503,897 2

3 Toll Traffic Report As of February 28, 2014 Month-to-Date Year-to-Date 1 Month Month 2013 Change % Change 2 Months Months 2013 Change % Change Number of Vehicles Passenger Cars 2,492,660 2,498,426 (5,766) (.2%) 5,027,477 5,204,779 (177,302) (3.4%) Commercial Vehicles 784, ,014 15, % 1,607,262 1,610,962 (3,700) (.2%) Total 3,277,637 3,267,440 10,197.3% 6,634,739 6,815,741 (181,002) (2.7%) Percentage of Vehicles Passenger Cars 76.1% 76.5% 75.8% 76.4% Commercial Vehicles 23.9% 23.5% 24.2% 23.6% Number of Miles Passenger Cars 96,995,483 98,295,026 (1,299,543) (1.3%) 199,360, ,712,791 (10,352,410) (4.9%) Commercial Vehicles 69,705,797 68,039,523 1,666, % 141,701, ,087,776 (386,726) (.3%) Total 166,701, ,334, ,730.2% 341,061, ,800,566 (10,739,136) (3.1%) Percentage of Miles Passenger Cars 58.2% 59.1% 58.5% 59.6% Commercial Vehicles 41.8% 40.9% 41.5% 40.4% Toll Revenue Passenger Cars $ 5,840,378 $ 5,865,036 $ (24,657) (.4%) $ 11,976,141 $ 12,502,559 $ (526,418) (4.2%) Commercial Vehicles 10,862,208 10,384, , % 22,075,907 21,702, , % Total $ 16,702,586 $ 16,249,378 $ 453, % $ 34,052,048 $ 34,205,281 $ (153,233) (.4%) Percentage of Toll Revenue Passenger Cars 35.0% 36.1% 35.2% 36.6% Commercial Vehicles 65.0% 63.9% 64.8% 63.4% Miles per Trip Passenger Cars Commercial Vehicles Revenue per Trip Passenger Cars $ 2.34 $ 2.35 $ 2.38 $ 2.40 Commercial Vehicles Revenue per Mile Passenger Cars $.06 $.06 $.06 $.06 Commercial Vehicles

4 Detail By Class of Vehicle - Month of February 2014 All: Class Vehicles % Revenue % Miles % 1 2,492, % $ 5,840, % 96,995, % 2 78, % 394, % 4,004, % 3 37, % 287, % 2,420, % 4 28,817.9% 244, % 1,770, % 5 608, % 9,060, % 58,164, % 6 19,008.6% 360, % 1,669, % 7 12,693.4% 514, % 1,676, % Total 3,277, % $ 16,702, % 166,701, % E-ZPass: % of % of % of Class Vehicles Total Class Revenue Total Class Miles Total Class 1 1,176, % 47.2% $ 2,207, % 37.8% 45,550, % 47.0% 2 51, % 66.2% 205, % 52.0% 2,415, % 60.3% 3 25,059.8% 67.0% 142,510.9% 49.6% 1,392,327.8% 57.5% 4 24,029.7% 83.4% 166, % 68.2% 1,306,069.8% 73.8% 5 506, % 83.1% 7,155, % 79.0% 48,005, % 82.5% 6 17,687.5% 93.1% 331, % 91.9% 1,557,881.9% 93.3% ,579.4% 99.1% 512, % 99.5% 1,668, % 99.5% Total 1,813, % $ 10,720, % 101,896, % Non E-ZPass: % of % of % of Class Vehicles Total Class Revenue Total Class Miles Total Class 1 1,316, % 52.8% $ 3,632, % 62.2% 51,444, % 53.0% 2 26,431.8% 33.8% 189, % 48.0% 1,589, % 39.7% 3 12,319.4% 33.0% 144,762.9% 50.4% 1,027,827.6% 42.5% 4 4,788.1% 16.6% 77,673.5% 31.8% 464,366.3% 26.2% 5 102, % 16.9% 1,905, % 21.0% 10,159, % 17.5% 6 1,321.0% 6.9% 29,138.2% 8.1% 111,779.1% 6.7% %.9% 2,725.0%.5% 7,685.0%.5% Total 1,464, % $ 5,981, % 64,804, % 4

5 Monthly Detail By Class of Vehicle - February 2014 Compared to February 2013 Vehicles Revenue Miles Class 1 Month Month 2013 % Incr(Dec) 1 Month Month 2013 % Incr(Dec) 1 Month Month 2013 % Incr(Dec) 1 2,492,660 2,498,426 (.2%) $ 5,840,378 $ 5,865,036 (.4%) 96,995,483 98,295,026 (1.3%) 2 78,135 73, % 394, , % 4,004,735 3,836, % 3 37,378 37,373.0% 287, ,951.1% 2,420,154 2,450,233 (1.2%) 4 28,817 26, % 244, , % 1,770,435 1,673, % 5 608, , % 9,060,616 8,637, % 58,164,776 56,756, % 6 19,008 17, % 360, , % 1,669,660 1,505, % 7 12,693 13,423 (5.4%) 514, ,884 (5.2%) 1,676,038 1,817,254 (7.8%) Total 3,277,637 3,267,440.3% $ 16,702,586 $ 16,249, % 166,701, ,334,549.2% Summary: Class 1 2,492,660 2,498,426 (.2%) $ 5,840,378 $ 5,865,036 (.4%) 96,995,483 98,295,026 (1.3%) Class , , % 10,862,208 10,384, % 69,705,797 68,039, % Total 3,277,637 3,267,440.3% $ 16,702,586 $ 16,249, % 166,701, ,334,549.2% 5

6 Detail by Class of Vehicle - February 2014 year-to-date Vehicles Revenue Miles Class 2 Months Months 2013 % Incr(Dec) 2 Months Months 2013 % Incr(Dec) 2 Months Months 2013 % Incr(Dec) 1 5,027,477 5,204,779 (3.4%) $ 11,976,141 $ 12,502,559 (4.2%) 199,360, ,712,791 (4.9%) 2 156, , % 778, , % 7,914,659 7,837, % 3 76,223 77,178 (1.2%) 574, ,523 (3.1%) 4,855,930 5,080,351 (4.4%) 4 58,797 56, % 488, , % 3,550,546 3,496, % 5 1,251,106 1,259,216 (.6%) 18,478,026 18,067, % 118,635, ,687,679 (.0%) 6 39,303 37, % 745, , % 3,452,988 3,154, % 7 25,036 28,375 (11.8%) 1,011,075 1,145,073 (11.7%) 3,291,364 3,831,112 (14.1%) Total 6,634,739 6,815,741 (2.7%) $ 34,052,048 $ 34,205,281 (.4%) 341,061, ,800,566 (3.1%) Summary: Class 1 5,027,477 5,204,779 (3.4%) $ 11,976,141 $ 12,502,559 (4.2%) 199,360, ,712,791 (4.9%) Class 2-7 1,607,262 1,610,962 (.2%) 22,075,907 21,702, % 141,701, ,087,776 (.3%) Total 6,634,739 6,815,741 (2.7%) $ 34,052,048 $ 34,205,281 (.4%) 341,061, ,800,566 (3.1%) 6

7 Vehicles By Interchange - As of February 28, 2014 Increase / (Decrease) From Total Total Total February 2013 Milepost Name Entering Exiting February 2 Months Months 2013 # % 2 Westgate 210, , , , ,810 (23,622) (2.7%) 13 Bryan-Montpelier 20,712 20,545 41,257 81,830 83,869 (2,039) (2.4%) 25 Archbold-Fayette 12,047 11,952 23,999 47,060 51,503 (4,443) (8.6%) 34 Wauseon 23,987 22,539 46,526 93,438 94,784 (1,346) (1.4%) 39 Delta-Lyons 18,910 18,263 37,173 74,751 77,424 (2,673) (3.5%) 52 Toledo Airport-Swanton 42,184 43,036 85, , ,380 (17,331) (9.3%) 59 Maumee-Toledo 105, , , , ,967 (39,749) (8.7%) 64 Perrysburg-Toledo 165, , , , ,690 (27,319) (4.0%) 71 Stony Ridge-Toledo 203, , , , ,719 (29,201) (3.4%) 81 Elmore-Woodville-Gibsonburg 18,253 16,614 34,867 68,765 71,804 (3,039) (4.2%) 91 Fremont-Port Clinton 54,580 56, , , ,123 (11,228) (4.8%) 110 Sandusky-Bellevue 42,329 42,932 85, , ,598 (1,384) (.8%) 118 Sandusky-Norwalk 45,358 49,941 95, , ,064 3, % 135 Vermilion-Baumhart Road 18,919 20,407 39,326 79,430 84,531 (5,101) (6.0%) 140 Amherst-Oberlin 44,254 45,028 89, , ,017 (4,593) (2.5%) 142 Lorain County West 81,048 77, , , ,464 (17,631) (5.3%) 145 Lorain-Elyria 202, , , , ,097 (15,050) (1.8%) 151 North Ridgeville-Cleveland 186, , , , ,540 (17,102) (2.2%) 152 North Olmsted-Cleveland 91,618 89, , , ,397 (180) (.0%) 161 Strongsville-Cleveland 240, , , , ,093 (15,510) (1.6%) 173 Cleveland 232, , , , ,426 (14,823) (1.5%) 180 Akron 212, , , , ,959 20, % 187 Streetsboro 221, , , , ,126 (28,805) (3.0%) 193 Ravenna 56,730 55, , , ,508 (1,982) (.9%) 209 Warren 63,471 63, , , ,066 (4,913) (1.9%) 215 Lordstown West 20,928 21,007 41,935 84,817 80,731 4, % 216 Lordstown East 14,799 18,537 33,336 66,877 65, % 218 Niles-Youngstown 250, , ,681 1,035,212 1,070,270 (35,058) (3.3%) 232 Youngstown 60,338 68, , , ,066 (30,506) (10.5%) 234 Youngstown-Poland 43,044 52,379 95, , ,573 (6,568) (3.3%) 239 Eastgate 273, , ,985 1,062,557 1,092,899 (30,342) (2.8%) TOTALS 3,277,637 3,277,637 6,555,274 13,269,478 13,631,482 (362,004) (2.7%) 7