| Income Statement for Total Energy Services Trust (TOT.UN:CA) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 135,584 | 202,666 | 157,542 | 106,291 | 79,933 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (81,507) | (113,456) | (88,788) | (64,853) | (48,051) | | Gross Operating Profit | 54,077 | 89,210 | 68,754 | 41,438 | 31,882 | | | Selling/General/Admin Expense | (15,001) | (17,855) | (18,283) | (11,390) | (9,470) | | Research & Development | - | - | - | - | - | | EBITDA | 39,076 | 71,355 | 50,471 | 30,048 | 22,412 | | Depreciation & Amortization | (11,255) | (10,731) | (9,067) | (6,233) | (5,255) | | EBIT | 27,821 | 60,624 | 41,404 | 23,815 | 17,157 | | Interest Income | - | - | - | - | - | | Other Income, Net | 606 | 918 | 875 | 68 | 328 | | Total Income Avail For Interest Expense | 28,427 | 61,542 | 41,435 | 23,883 | 17,485 | | Interest Expense | (2,384) | (1,604) | (1,491) | (1,060) | (1,456) | | Pre-Tax Income | 26,043 | 59,938 | 39,944 | 22,823 | 16,029 | | Income Taxes | 4,815 | (5,361) | (8,174) | (6,850) | (4,524) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 30,858 | 54,577 | 31,770 | 15,973 | 11,505 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 30,858 | 54,577 | 31,770 | 15,973 | 11,505 | | | Normalized Income | 30,858 | 54,577 | 32,614 | 15,973 | 11,505 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | (844) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 30,858 | 54,577 | 31,770 | 15,973 | 11,505 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.04 | 1.83 | 1.12 | 0.58 | 0.45 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.04 | 1.83 | 1.12 | 0.58 | 0.45 | | | Diluted EPS from Continuing Operations | 1.04 | 1.82 | 1.12 | 0.57 | 0.44 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.04 | 1.82 | 1.12 | 0.57 | 0.44 | | | |
