ORBIT GAR ANT DRILLING INC CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME March 31 March 31 March 31 March 31 June 30 2008 2007 2008 2007 2007 3 months 3 months 9 months 6 months 9 months unaudited unaudited unaudited unaudited CONTR A CT REVENUE 22070986 13127435 57502957 18853888 36732820 COST OF CONTR A CT REVENUE 14555294 9348029 37423033 13635178 26132158 GROSS PROFIT 7515692 3779406 20079924 5218710 10600662 EXPENSES General and administrative 1429338 847416 3543319 1041056 1989799 Amortization of capital assets 610793 557373 1860346 895063 1673821 Amortization of intangible assets 1005501 867609 3016501 1459436 2464935 Management fees 62500 62500 187500 125000 187500 Integration fees 26716 160925 26716 255697 L oss gain on sale of capital assets 4200 6972 22775 6972 130461 F oreign exchange losses gain 13224 391 30022 391 17131 Interest on longterm debt 349866 360670 1102161 562798 952796 Interest and bank charges 174332 40997 378531 43293 109867 3623306 2770644 10302080 4160725 7521085 EARNINGS BEFORE THE FOLLOWING ITEMS 3892386 1008762 9777844 1057985 3079577 OTHER REVENUE 71866 4111 76648 88054 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO SIGNIFICANT INFL UENCE 127493 283323 EARNINGS BEFORE INCOME T A XES AND NONCONTROLLING INTEREST 4019879 1080628 10065278 1134633 3167631 INCOME T A XES Note 12 Current 1465411 634803 3897207 852133 2082857 F uture 269452 242480 1792421 428491 898599 1195959 392323 2104786 423642 1184258 EARNINGS BEFORE NONCONTROLLING INTEREST 2823920 688305 7960492 710991 1983373 NONCONTROLLING INTEREST 50992 50992 84280 NET EARNINGS 2823920 637313 7960492 659999 1899093 OTHER COMPREHENSIVE LOSS NET OF 0 June 30 2007 6313 OF INCOME T A XES Unrealized losses on availableforsale investments 29175 4165 29175 30359 COMPREHENSIVE INCOME 2823920 608138 7956327 630824 1868734 Earnings per share Note 11 Basic 011 003 032 005 011 Diluted 011 003 031 004 010 F6