| Income Statement for Golden Star Resources Ltd (GSS) | | | | After Hours: $ 1.01 | -0.02 (-1.94%) | Volume: 355.41 k | 5:20 PM EDT Oct 15, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 175,614 | 126,612 | 93,841 | 60,690 | 63,512 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (155,262) | (93,764) | (81,025) | (40,635) | (33,297) | | Gross Operating Profit | 20,352 | 32,848 | 12,816 | 20,055 | 30,215 | | | Selling/General/Admin Expense | (13,869) | (10,873) | (8,879) | (12,701) | (5,566) | | Research & Development | N/A | N/A | N/A | N/A | N/A | | EBITDA | 6,483 | 21,975 | 3,937 | 7,354 | 24,649 | | Depreciation & Amortization | (36,627) | (21,888) | (16,270) | (8,096) | (4,993) | | EBIT | (30,144) | 87 | (12,333) | (742) | 19,656 | | Interest Income | 2,173 | 2,078 | 1,624 | 1,290 | 858 | | Other Income, Net | 12,105 | 83,473 | 403 | 2,769 | 4,236 | | Total Income Avail For Interest Expense | (26,432) | 73,367 | (23,768) | 2,516 | 24,575 | | Interest Expense | (6,040) | (1,846) | (2,416) | (139) | (42) | | Pre-Tax Income | (32,472) | 71,521 | (26,184) | 2,377 | 24,533 | | Income Taxes | (5,206) | (6,038) | 12,930 | 1,542 | - | | Minority Interest | 1,274 | (794) | (277) | (1,277) | (2,577) | | Net Income from Continuing Operations | (36,404) | 64,689 | (13,531) | 2,642 | 21,956 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (36,404) | 64,689 | (13,531) | 2,642 | 21,956 | | | Normalized Income | (25,838) | 76,960 | (308) | 3,112 | 22,131 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (10,566) | (12,271) | (13,223) | (470) | (175) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (36,404) | 64,689 | (13,531) | 2,642 | 21,956 | | | 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 | -0.16 | 0.31 | -0.09 | 0.02 | 0.20 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.16 | 0.31 | -0.09 | 0.02 | 0.20 | | | Diluted EPS from Continuing Operations | -0.16 | 0.31 | -0.09 | 0.02 | 0.19 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.16 | 0.31 | -0.09 | 0.02 | 0.19 | | | |