ORBIT GAR ANT DRILLING INC NOTES TO THE UNA UDITED PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME Continued 5 FOR AGE ORBIT INC FINANCIAL INFORMA TION The column F orage Orbit Inc on the unaudited pro forma statement of earnings and comprehensive income for the 12 months en ded March 31 2007 includes the operations of F orage Orbit Inc consolidated for the 10 months ended January 31 2007 which were determined as follows before acquisition on January 31 2007 F orage Orbit inc F orage Orbit inc F orage Orbit inc 10 months year ended 2 months ended ended January 31 March 31 January 31 2007 2006 2007 1 2 1 2 CONTR A CT REVENUE 30495394 4579711 25915683 COST OF CONTR A CT REVENUE 18570520 3506211 15064309 GROSS PROFIT 11924874 1073500 10851374 EXPENSES General and administrative 1337871 199226 1138645 Amortization of capital assets 1042417 139577 902840 L oss on sale of capital assets 3 7 8 3 7 8 F oreign exchange gain 87072 45938 41134 L oss gain on sale of longterm investments 47036 133762 86726 Interest on longterm debt 170159 20204 149955 Interest and bank charges 128432 6844 121588 2545149 186151 2358998 EARNINGS BEFORE THE FOLLOWING ITEMS 9379725 887349 8492376 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO A SIGNIFICANT INFL UENCE 64802 64802 EARNINGS BEFORE INCOME T A XES 9444527 952151 8492376 INCOME T A XES 3173309 373270 2800039 NET EARNINGS BEFORE NONCONTROLLING INTEREST 6271218 578881 5692337 NONCONTROLLING INTEREST 132692 132692 NET EARNINGS 6138526 578881 5559645 F65