Income Statement for West Timmins Mining Inc. (WTM)
| | | Income Statement for West Timmins Mining Inc. (WTM:CA) | | | | | | | Income | in Thousands of Dollars | | | 03/2008 | 03/2007 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 0 | 0 | 0 | 0 | 0 | | Adjustments to Revenue | 17 | 40 | - | - | - | | Cost of Revenue | (12) | (6) | - | - | - | | Gross Operating Profit | (29) | (46) | - | - | - | | | Selling/General/Admin Expense | (1,627) | (1,552) | (695) | (373) | (277) | | Research & Development | N/A | N/A | N/A | N/A | N/A | | EBITDA | (1,656) | (1,599) | (695) | (373) | (277) | | Depreciation & Amortization | (49) | (16) | - | - | - | | EBIT | (1,706) | (1,615) | (695) | (373) | (277) | | Interest Income | 362 | 137 | - | - | 16 | | Other Income, Net | (157) | 9 | 4 | (18) | 5 | | Total Income Avail For Interest Expense | (4,068) | (2,183) | (925) | (392) | (256) | | Interest Expense | (3) | (3) | - | - | - | | Pre-Tax Income | (4,071) | (2,186) | (925) | (392) | (256) | | Income Taxes | - | 630 | 131 | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (4,071) | (1,556) | (794) | (392) | (256) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (4,071) | (1,556) | (794) | (392) | (256) | | | Normalized Income | (1,504) | (841) | (560) | (392) | (256) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (2,567) | (715) | (234) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (4,071) | (1,556) | (794) | (392) | (256) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 03/2008 | 03/2007 | 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 | -0.04 | -0.03 | -0.02 | -0.01 | -0.01 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.04 | -0.03 | -0.02 | -0.01 | -0.01 | | | Diluted EPS from Continuing Operations | -0.04 | -0.03 | -0.02 | -0.01 | -0.01 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.04 | -0.03 | -0.02 | -0.01 | -0.01 | | | |
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| Date: | 2008-09-01 |
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