ORBIT GAR ANT DRILLING INC NOTES TO THE UNA UDITED PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME Continued 4 FOR AGE ORBIT INC FINANCIAL INFORMA TION The column F orage Orbit Inc on the unaudited pro forma statement of earnings and comprehensive income includes the operati ons of F orage Orbit Inc consolidated for the 7 months ended January 31 2007 which were determined as follows before acquisitio n on January 31 2007 F orage Orbit inc F orage Orbit inc F orage Orbit inc year ended 5 months ended 7 months ended January 31 June 30 January 31 2007 2006 2007 1 2 1 2 CONTR A CT REVENUE 30495394 12191598 18303796 COST OF CONTR A CT REVENUE 18570520 7983112 10587408 GROSS PROFIT 11924874 4208486 7716388 EXPENSES General and administrative 1337871 476110 861761 Amortization of capital assets 1042417 373929 668488 L oss on sale of capital assets 3 7 8 3 7 8 F oreign exchange gain 87072 42047 45025 Gain on sale of longterm investments 47036 44501 2535 Interest on longterm debt 170159 63160 106999 Interest and bank charges 128432 48695 79737 2545149 875346 1669803 EARNINGS BEFORE THE FOLLOWING ITEMS 9379725 3333140 6046585 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO A SIGNIFICANT INFL UENCE 64802 27001 37801 EARNINGS BEFORE INCOME T A XES 9444527 3360141 6084386 INCOME T A XES 3173309 1182097 1991212 NET EARNINGS BEFORE NONCONTROLLING INTEREST 6271218 2178044 4093174 NONCONTROLLING INTEREST 132692 34672 98020 NET EARNINGS 6138526 2143372 3995154 F58