FOR AGES GAR ANT FR ERES INC ST A TEMENTS OF EARNINGS 3month period ended September 30 Y ears ended June 30 2006 2006 2005 restated restated CONTR A CT REVENUE 6481279 24641773 28003588 COST OF CONTR A CT REVENUE 4557109 21193043 25145277 GROSS PROFIT 1924170 3448730 2858311 EXPENSES General and administrative 444742 813178 764287 Amortization of capital assets 176927 738523 734846 Gain on sale of capital assets 11513 4022 56887 Gain on sale of longterm investments 5837 Interest on longterm debt 20136 68482 67702 Interest and bank charges 54023 121369 34421 684315 1731693 1544369 EARNINGS BEFORE THE FOLLOWING ITEMS 1239855 1717037 1313942 OTHER REVENUE 4394 25895 185513 INCOME BEFORE BONUSES AND INCOME T A XES 1244249 1742932 1499455 DIRECTORS BONUSES 1150000 EARNINGS BEFORE INCOME T A XES 1244249 1742932 349455 INCOME T A XES Note 9 Current 440099 578575 54511 F uture 11046 81550 17175 429053 660125 71686 NET EARNINGS 815196 1082807 277769 Earnings per share Note 8 Basic 815196 1082707 277769 Diluted 815196 6083 1172 F45