1 video track, 2 audio tracks. As for the edits, they just aren't there. Here's a screencap of the original timeline that I am testing with:
That's three videos in the timeline, with a bunch of cuts made to the first one.
I then exported an EDL, started a new project, imported the EDL, and it looks like this:
Notice that it's putting the three videos into the timeline, but none of the cuts that I've made are in there. Basically, it knows what elements to bring in, and that they go into that timeline, but they left out all of the work I did on it.
By contrast, I exported a "Final Cut Pro XML," imported that into a new project, and it worked perfectly.