| Income Statement for Northern Dynasty Minerals Ltd (NAK) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | - | - | - | - | - | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (87,020) | (43,446) | (37,033) | (29,758) | (4,602) | | Gross Operating Profit | (87,020) | (43,446) | (37,033) | (29,758) | (4,602) | | | Selling/General/Admin Expense | (20,252) | (9,862) | (6,900) | (4,752) | (1,939) | | Research & Development | N/A | N/A | N/A | N/A | N/A | | EBITDA | (107,272) | (53,308) | (43,933) | (34,510) | (6,541) | | Depreciation & Amortization | (147) | (106) | (80) | (38) | (3) | | EBIT | (107,419) | (53,414) | (44,013) | (34,548) | (6,544) | | Interest Income | 2,768 | 1,921 | 503 | 298 | 50 | | Other Income, Net | (3,915) | 830 | 242 | (502) | 48 | | Total Income Avail For Interest Expense | (108,566) | (50,663) | (43,268) | (34,752) | (6,443) | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | (108,566) | (50,663) | (43,268) | (34,752) | (6,443) | | Income Taxes | 3,841 | 547 | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (104,725) | (50,116) | (43,268) | (34,752) | (6,443) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (104,725) | (50,116) | (43,268) | (34,752) | (6,443) | | | Normalized Income | (104,725) | (50,116) | (43,268) | (34,752) | (6,446) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | 3 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (104,725) | (50,116) | (43,268) | (34,752) | (6,443) | | | 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 | -1.14 | -0.64 | -0.77 | -0.87 | -0.27 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.14 | -0.64 | -0.77 | -0.87 | -0.27 | | | Diluted EPS from Continuing Operations | -1.14 | -0.64 | -0.77 | -0.87 | -0.27 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.14 | -0.64 | -0.77 | -0.87 | -0.27 | | | |
