| Income Statement for Bow Valley J (BVX:CA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 48,464 | 46,512 | 62,940 | 37,419 | 41,753 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (5,228) | (17,107) | (25,665) | (13,053) | (11,709) | | Gross Operating Profit | 43,236 | 29,405 | 37,275 | 24,366 | 30,045 | | | Selling/General/Admin Expense | (8,778) | (8,239) | (5,252) | (4,502) | (2,533) | | Research & Development | - | - | - | - | - | | EBITDA | 34,458 | 21,166 | 32,023 | 19,865 | 27,512 | | Depreciation & Amortization | (19,027) | (18,810) | (19,993) | (17,165) | (20,718) | | EBIT | 15,431 | 2,356 | 12,030 | 2,700 | 6,794 | | Interest Income | 1,766 | 286 | 989 | 1,323 | 1,833 | | Other Income, Net | 22,410 | (4,141) | (1,839) | (6,503) | (5,037) | | Total Income Avail For Interest Expense | 39,028 | (2,351) | 10,528 | (2,578) | 3,591 | | Interest Expense | (2,293) | (1,059) | (1,162) | (1,017) | (661) | | Pre-Tax Income | 36,735 | (3,410) | 9,366 | (3,595) | 2,930 | | Income Taxes | (13,431) | 890 | (2,888) | 394 | 919 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 23,304 | (2,520) | 6,478 | (3,201) | 3,849 | | Net Income from Discontinued Operations | (8,817) | - | - | - | - | | Net Income from Total Operations | 14,487 | (2,520) | 6,478 | (3,201) | 3,849 | | | Normalized Income | 23,883 | (1,668) | 7,130 | (3,103) | 3,849 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (579) | (852) | (652) | (99) | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 14,487 | (2,520) | 6,478 | (3,201) | 3,849 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.29 | -0.04 | 0.10 | -0.05 | 0.06 | | Basic EPS from Discontinued Operations | -0.11 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.18 | -0.04 | 0.10 | -0.05 | 0.06 | | | Diluted EPS from Continuing Operations | 0.29 | -0.04 | -0.05 | -0.05 | 0.06 | | Diluted EPS from Discontinued Operations | -0.11 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.18 | -0.04 | -0.05 | -0.05 | 0.06 | | | |
