FOR AGE ORBIT INC CONSOLID A TED ST A TEMENTS OF EARNINGS Y ears ended January 31 2007 and 2006 2007 2006 CONTR A CT REVENUE 30495394 21137379 COST OF CONTR A CT REVENUE 18570520 17078775 GROSS PROFIT 11924874 4058604 EXPENSES General and administrative 1337871 1081095 Amortization of capital assets 1042417 830818 L oss on sale of capital assets 3 7 8 10037 Interest on longterm debt 170159 132659 Interest and bank charges 128432 50060 F oreign exchange losses gain 87072 7142 Gain on sale of longterm investments 47036 25165 2545149 2086646 EARNINGS BEFORE THE FOLLOWING ITEMS 9379725 1971958 SHARE OF NET EARNINGS OF COMP ANY SUBJECT TO SIGNIFICANT INFL UENCE 64802 24459 EARNINGS BEFORE INCOME T A XES AND NONCONTROLLING INTEREST 9444527 1996417 INCOME T A XES Note 10 Current 3097617 552232 F uture 75692 14615 3173309 566847 EARNINGS BEFORE NONCONTROLLING INTEREST 6271218 1429570 NONCONTROLLING INTEREST 132692 NET EARNINGS 6138526 1429570 F29