| Income Statement for CE Franklin Ltd (CFK) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 469,492 | 476,607 | 414,818 | 282,273 | 201,494 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (384,328) | (387,768) | (336,297) | (232,067) | (167,676) | | Gross Operating Profit | 85,164 | 88,839 | 78,521 | 50,206 | 33,818 | | | Selling/General/Admin Expense | (58,454) | (54,326) | (47,555) | (36,919) | (29,003) | | Research & Development | - | - | - | - | - | | EBITDA | 26,710 | 34,513 | 30,966 | 13,287 | 4,815 | | Depreciation & Amortization | (2,814) | (2,420) | (3,778) | (3,607) | (3,412) | | EBIT | 23,896 | 32,093 | 27,188 | 9,680 | 1,403 | | Interest Income | - | - | - | - | - | | Other Income, Net | (843) | (112) | (7) | (13) | 599 | | Total Income Avail For Interest Expense | 23,053 | 31,981 | 27,181 | 9,667 | 2,002 | | Interest Expense | (2,045) | (2,284) | (1,673) | (1,213) | (867) | | Pre-Tax Income | 21,008 | 29,697 | 25,508 | 8,454 | 1,135 | | Income Taxes | (7,348) | (10,007) | (9,288) | (3,336) | (809) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 13,661 | 19,691 | 16,221 | 5,119 | 327 | | Net Income from Discontinued Operations | - | - | - | (23) | - | | Net Income from Total Operations | 13,661 | 19,691 | 16,221 | 5,096 | 327 | | | Normalized Income | 13,661 | 19,691 | 16,221 | 5,119 | 327 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 13,661 | 19,691 | 16,221 | 5,096 | 327 | | | 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 | 0.75 | 1.09 | 0.94 | 0.30 | 0.02 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.75 | 1.09 | 0.94 | 0.30 | 0.02 | | | Diluted EPS from Continuing Operations | 0.72 | 1.05 | 0.87 | 0.29 | 0.02 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.72 | 1.05 | 0.87 | 0.29 | 0.02 | | | |
