| Income Statement for Teranet Income Fund (TF.UN:CA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 03/2006 | | | Operating Revenue | 253,681 | 134,459 | 233,396 | | Adjustments to Revenue | - | - | - | | Cost of Revenue | (25,298) | (60,172) | (32,708) | | Gross Operating Profit | 228,383 | 74,287 | 200,688 | | | Selling/General/Admin Expense | (32,457) | (21,736) | (115,193) | | Research & Development | (11,693) | (6,936) | (13,445) | | EBITDA | 184,233 | 45,615 | 72,050 | | Depreciation & Amortization | (89,740) | - | (46,908) | | EBIT | 94,493 | 45,615 | 25,142 | | Interest Income | - | - | 4,261 | | Other Income, Net | 515 | (1,125) | - | | Total Income Avail For Interest Expense | 95,008 | 44,490 | 29,403 | | Interest Expense | (14,517) | (9,182) | (35,543) | | Pre-Tax Income | 80,491 | 35,308 | (6,140) | | Income Taxes | 56,158 | 12,646 | (4,728) | | Minority Interest | - | (44) | - | | Net Income from Continuing Operations | 136,649 | 47,910 | (10,868) | | Net Income from Discontinued Operations | - | - | - | | Net Income from Total Operations | 136,649 | 47,910 | (10,868) | | | Normalized Income | 136,649 | 47,910 | (10,868) | | Extraordinary Income | - | - | - | | Special Income/Charges | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | | Income from Tax Loss Carryforward | - | - | - | | Other Gains | - | - | - | | Total Net Income | 136,649 | 47,910 | (10,868) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 03/2006 | | | Dividends Paid Per Share | 0.75 | 0.34 | 0.00 | | Preferred Dividends | - | - | - | | | Basic EPS from Continuing Operations | 0.88 | 0.31 | -108.68 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.88 | 0.31 | -108.68 | | | Diluted EPS from Continuing Operations | 0.88 | 0.31 | -108.68 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.88 | 0.31 | -108.68 | | | |
