| Income Statement for Brazil Fast Food Corp. (BOBS) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 58,808 | 45,524 | 37,459 | 27,632 | 23,173 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (47,486) | (35,340) | (29,247) | (22,726) | (19,606) | | Gross Operating Profit | 11,322 | 10,184 | 8,212 | 4,906 | 3,567 | | | Selling/General/Admin Expense | (8,712) | (7,181) | (4,984) | (2,819) | (2,478) | | Research & Development | - | - | - | - | - | | EBITDA | 2,610 | 3,003 | 3,228 | 2,087 | 1,089 | | Depreciation & Amortization | (1,825) | (1,378) | (1,435) | (1,275) | (1,158) | | EBIT | 785 | 1,625 | 1,793 | 812 | (69) | | Interest Income | - | - | 230 | - | - | | Other Income, Net | 4,751 | 2,586 | 904 | 826 | (241) | | Total Income Avail For Interest Expense | 5,536 | 4,127 | 2,864 | 1,638 | (380) | | Interest Expense | (391) | (291) | - | (1,187) | (1,042) | | Pre-Tax Income | 5,145 | 3,836 | 2,864 | 451 | (1,422) | | Income Taxes | 2,413 | 812 | (962) | (226) | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 7,557 | 4,647 | 1,902 | 226 | (1,422) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 7,557 | 4,647 | 1,902 | 226 | (1,422) | | | Normalized Income | 7,557 | 4,731 | 1,965 | 226 | (1,352) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (84) | (63) | - | (70) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 7,557 | 4,647 | 1,902 | 226 | (1,422) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.93 | 0.57 | 0.24 | 0.03 | -0.19 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.93 | 0.57 | 0.24 | 0.03 | -0.19 | | | Diluted EPS from Continuing Operations | 0.93 | 0.57 | 0.24 | 0.03 | -0.19 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.93 | 0.57 | 0.24 | 0.03 | -0.19 | | | |
