| Income Statement for Daleco Resources Corp. (DLOV) | | | | | | | Income | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Operating Revenue | 1,088 | 2,018 | 1,406 | 1,291 | 1,555 | | Adjustments to Revenue | 45 | 162 | 116 | 100 | 115 | | Cost of Revenue | (907) | (876) | (810) | (912) | (685) | | Gross Operating Profit | 136 | 980 | 481 | 279 | 755 | | | Selling/General/Admin Expense | (3,732) | (2,627) | (1,061) | (921) | (918) | | Research & Development | - | - | - | - | - | | EBITDA | (3,596) | (1,646) | (581) | (642) | (163) | | Depreciation & Amortization | (1,025) | (1,810) | (1,535) | (1,521) | (1,884) | | EBIT | (4,621) | (3,456) | (2,115) | (2,163) | (2,047) | | Interest Income | 52 | 63 | 0 | 0 | 0 | | Other Income, Net | 50 | (311) | 231 | 213 | 67 | | Total Income Avail For Interest Expense | (4,697) | (5,917) | (1,884) | 3,838 | (1,960) | | Interest Expense | (137) | (113) | (402) | (258) | (692) | | Pre-Tax Income | (4,834) | (6,030) | (2,286) | 3,580 | (2,652) | | Income Taxes | (107) | (139) | - | - | - | | Minority Interest | - | - | (55) | (25) | (21) | | Net Income from Continuing Operations | (4,941) | (6,169) | (2,341) | 3,556 | (2,672) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (4,941) | (6,169) | (2,341) | 3,556 | (2,672) | | | Normalized Income | (4,762) | (3,956) | (2,341) | (2,232) | (2,692) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (179) | (2,213) | - | 5,788 | 20 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (4,941) | (6,169) | (2,341) | 3,556 | (2,672) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | 84 | - | - | | | Basic EPS from Continuing Operations | -0.12 | -0.15 | -0.08 | 0.13 | -0.10 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.12 | -0.15 | -0.08 | 0.13 | -0.10 | | | Diluted EPS from Continuing Operations | -0.12 | -0.15 | -0.08 | 0.09 | -0.10 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.12 | -0.15 | -0.08 | 0.09 | -0.10 | | | |
