FOR AGES GAR ANT FR ERES INC ST A TEMENTS OF RET AINED EARNINGS 3month period ended September 30 Y ears ended June 30 2006 2006 2005 restated restated BALANCE BEGINNING OF PERIOD As previously reported 3557944 2496199 2204105 Change in accounting policy income taxes Note 2 256902 175352 158177 As restated 3301042 2320847 2045928 NET EARNINGS 815196 1082807 277769 REFUND ABLE T A XES RECO VERED 38126 4154364 3403654 2323697 DIVIDENDS 1000000 CAPIT AL DIVIDENDS 98608 REFUND ABLE T A XES P A Y ABLE 4004 2850 1000000 102612 2850 BALANCE END OF PERIOD 3154364 3301042 2320847 F46