ADCapital US Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2005	FY 2004
Period Ending	Jun '06 Jun 30, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004
Selling, General & Admin	0.01	0.01	0.13
Operating Expenses	0.01	0.01	0.13
Operating Income	-0.01	-0.01	-0.13
Currency Exchange Gain (Loss)	0	0	-0
Other Non Operating Income (Expenses)	-0.48	-0.48	-0
Pretax Income	-0.49	-0.49	-0.14
Net Income	-0.49	-0.49	-0.14
Net Income to Common	-0.49	-0.49	-0.14
Shares Outstanding (Basic)	3	3	1
Shares Outstanding (Diluted)	3	3	1
Shares Change (YoY)	450.73%	434.45%	-
EPS (Basic)	-0.15	-0.15	-0.23
EPS (Diluted)	-0.15	-0.15	-0.23
EBIT	-0.01	-0.01	-0.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.