Income Statement for Garuda Capital (GRUA)

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Income Statement for Garuda Capital
Jun 30, 2006 Jun 30, 2005 Jun 30, 2004
Profit
Total Revenue 769,000 702,000 1,236,000
Cost of Revenue 951,000 808,000 1,054,000
Gross Profit -183,000 -106,000 182,000
Operating Expenses
Research Development - - -
Selling General and Administrative 1,770,000 1,307,000 805,000
Non Recurring - - -
Others 101,000 15,000 8,000
Total Operating Expenses - - -
Operating Income or Loss -2,053,000 -1,427,000 -630,000
Income from Continuing Operations
Total Other Income/Expenses Net 80,000 -388,000 -92,000
Earnings Before Interest And Taxes -1,973,000 -1,816,000 -722,000
Interest Expense 77,000 144,000 123,000
Income Before Tax -2,051,000 -1,960,000 -845,000
Income Tax Expense 2,000 8,000 -
Minority Interest - - -
Net Income From Continuing Ops -2,052,000 -1,968,000 -845,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -2,052,000 -1,968,000 -845,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -2,052,000 -1,968,000 -845,000
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