| Income Statement for Quest Resource Corp. (QRCP) | | | | After Hours: $ 0.58 |  0.03 (+5.45%) | Volume: 3.54 k | 6:22 PM EDT Oct 10, 2008 | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 05/2004 | | | Operating Revenue | 122,879 | 60,251 | 48,504 | 26,156 | 30,854 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (76,945) | (30,498) | (17,833) | (7,987) | (10,354) | | Gross Operating Profit | 45,934 | 29,753 | 30,671 | 18,169 | 20,500 | | | Selling/General/Admin Expense | (17,976) | (8,840) | (4,802) | (2,681) | (2,555) | | Research & Development | - | - | - | - | - | | EBITDA | 27,958 | 20,913 | 25,869 | 15,488 | 17,945 | | Depreciation & Amortization | (13,530) | (31,982) | (27,224) | (8,726) | (7,637) | | EBIT | 14,428 | (11,069) | (1,355) | 6,762 | 10,308 | | Interest Income | 416 | 390 | 46 | 9 | 1 | | Other Income, Net | (6,824) | 16,647 | (4,267) | (1,487) | (2,862) | | Total Income Avail For Interest Expense | 8,020 | (24,751) | (5,576) | 5,284 | 7,447 | | Interest Expense | (42,916) | (23,483) | (26,365) | (10,147) | (8,057) | | Pre-Tax Income | (34,896) | (48,234) | (31,941) | (4,863) | (610) | | Income Taxes | - | - | - | - | 245 | | Minority Interest | 4,482 | (244) | - | - | - | | Net Income from Continuing Operations | (30,414) | (48,478) | (31,941) | (4,863) | (365) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (30,414) | (48,478) | (31,941) | (4,863) | (365) | | | Normalized Income | (30,414) | (17,759) | (31,941) | (4,863) | (365) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (30,719) | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | (28) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (30,414) | (48,478) | (31,941) | (4,863) | (393) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 05/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | 10 | 6 | 10 | | | Basic EPS from Continuing Operations | -1.37 | -2.19 | -3.81 | -0.85 | -0.08 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.37 | -2.19 | -3.81 | -0.85 | -0.08 | | | Diluted EPS from Continuing Operations | -1.37 | -2.19 | -3.81 | -0.85 | -0.08 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.37 | -2.19 | -3.81 | -0.85 | -0.08 | | | |
