ORBIT GAR ANT DRILLING INC. NOTES TO THE UNA UDITED PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME (Continued) 7. DRIF T FINANCIAL INFORMA TION The column ‘‘Drift’’ on the unaudited pro forma consolidated statement of earnings and comprehensive income for the 3 months en ded March 31, 2007 includes the operations of Phyl-Don Holdings and Management Ltd., Drift Exploration Drilling Inc. and Drift de Mexico S.A. De C.V . for the 3 months ended March 31, 2007 which were derived as follows (before acquisition on April 16, 2007): Phyl-Don Holdings and Drift Exploration Drift de Drift Management Ltd. Drilling Inc. Mexico S.A . De C.V . 3 months 3 months ended 3 months ended 3 months ended ended March 31, March 31, March 31, March 31, 2007 2007 2007 2007 $$ $ $ CONTR A CT REVENUE ................. 150,000 513,704 315,561 979,265 COST OF CONTR A CT REVENUE .......... 189,945 411,935 150,000 751,880 GROSS PROFIT ....................... (39,945) 101,769 165,561 227,385 EXPENSES General and administrative ............... 88,174 14,657 — 102,831 Amortization of capital assets .............. 25,761 8,550 — 34,311 F oreign exchange gain .................. (29,207) — — (29,207) Interest and bank charges ................ — 10,000 — 10,000 84,728 33,207 — 117,935 EARNINGS (LOSS) BEFORE THE FOLLOWING ITEMS ............................ (124,673) 68,562 165,561 109,450 OTHER REVENUE (EXPENSES) ........... 196,315 (196,315) — — EARNINGS (LOSS) BEFORE INCOME T A XES . . 71,642 (127,753) 165,561 109,450 INCOME T A XES ...................... — — 29,539 29,539 NET EARNINGS (NET LOSS) ............. 71,642 (127,753) 136,022 79,911 F-67