| Income Statement for Western Canadian Coal Corp (WTN:CA) | | | | | | | Income | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Operating Revenue | 252,489 | 134,121 | 59,594 | 11,347 | 0 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (265,292) | (117,201) | (44,309) | (14,565) | - | | Gross Operating Profit | (12,803) | 16,920 | 15,285 | (3,218) | - | | | Selling/General/Admin Expense | (22,512) | (13,839) | (12,354) | (6,703) | (1,733) | | Research & Development | N/A | N/A | N/A | N/A | N/A | | EBITDA | (35,315) | 3,081 | 2,931 | (9,921) | (1,733) | | Depreciation & Amortization | (32,647) | (14,769) | (6,514) | (1,449) | (14) | | EBIT | (67,962) | (11,688) | (3,583) | (11,370) | (1,747) | | Interest Income | - | - | - | - | 11 | | Other Income, Net | 8,526 | 3,104 | 4,549 | 654 | - | | Total Income Avail For Interest Expense | (65,345) | (8,584) | 966 | (10,966) | (1,736) | | Interest Expense | (27,262) | (10,525) | (32) | (6) | (1) | | Pre-Tax Income | (92,607) | (19,109) | 934 | (10,972) | (1,737) | | Income Taxes | (13,380) | 6,124 | 6,520 | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (105,987) | (12,985) | 7,454 | (10,972) | (1,737) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (105,987) | (12,985) | 7,454 | (10,972) | (1,737) | | | Normalized Income | (100,078) | (12,985) | 7,454 | (10,722) | (1,737) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (5,909) | - | - | (250) | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (105,987) | (12,985) | 7,454 | (10,972) | (1,737) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.95 | -0.14 | 0.09 | -0.22 | -0.07 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.95 | -0.14 | 0.09 | -0.22 | -0.07 | | | Diluted EPS from Continuing Operations | -0.95 | -0.14 | 0.09 | -0.22 | -0.07 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.95 | -0.14 | 0.09 | -0.22 | -0.07 | | | |
