Harsco Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported operating loss from continuing operations of $56,648,000, loss from continuing operations before income taxes and equity income of $67,845,000, loss from continuing operations of $92,720,000 or $1.14 per diluted share and net loss attributable to company of $92,468,000 or $1.14 per diluted share on total revenues of $792,730,000 compared with operating loss from continuing operations of $55,746,000, loss from continuing operations before income taxes and equity income of $68,311,000, loss from continuing operations of $49,210,000 or $0.62 per diluted share and net loss attributable to company of $51,122,000 or $0.63 per diluted share on total revenues of $757,351,000 for the same period a year ago. Net cash provided by operating activities of $108,669,000 and purchase of property, plant and equipments of $72,281,000 compared with net cash provided by operating activities of $165,447,000 and purchase of property, plant and equipments of $62,406,000 for the same period a year ago. Sales in the fourth quarter of 2011 increased approximately 5% to $793 million, compared with $757 million in the fourth quarter of last year. Foreign currency translation decreased sales in the fourth quarter of 2011 by approximately $5 million when compared with the fourth quarter of 2010. For the full year, the company reported operating income from continuing operations of $87,649,000, income from continuing operations before income taxes and equity income of $41,665,000, loss from continuing operations of $7,493,000 or $0.12 per diluted share and net loss attributable to company of $11,510,000 or $0.14 per diluted share on total revenues of $3,302,740,000 compared with operating income from continuing operations of $78,431,000, income from continuing operations before income taxes and equity income of $20,476,000, income from continuing operations of $16,590,000 or $0.13 per diluted share and net income attributable to company of $6,754,000 or $0.08 per diluted share on total revenues of $3,038,678,000 for the same period a year ago. Net cash provided by operating activities of $298,776,000 and purchase of property, plant and equipments of $313,101,000 compared with net cash provided by operating activities of $401,427,000 and purchase of property, plant and equipments of $192,348,000 for the same period a year ago. Sales for the full year 2011 were $3.30 billion, an increase of almost 9% over 2010 sales of $3.04 billion. For the full year 2011 foreign currency translation increased sales by approximately $104 million and increased pre-tax income by approximately $4 million or $0.04 per diluted share, compared with the full year 2010 results. The company gives initial guidance for the first quarter of 2012 in the range of $0.01 to $0.06 per diluted share from continuing operations, excluding carry-over restructuring charge. A much higher tax rate in the area of 50% is expected in the first quarter, this compares with 25% in the first quarter of 2011. The higher first quarter 2012 rate results from a lower UK tax benefit. The company reaffirms earnings guidance for 2012 in the range of $1.55 to $1.70 per diluted share from continuing operations, excluding carry-over restructuring charge. The effective income tax rate for the full year 2012 is expected to be in the area of 27.5%.