Gulf Alternative Energy Corp. (GAEC)

Gulf Alternative Energy Income Statement

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

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Mar 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Revenue	-	-	-	0	-
Gross Profit	-	-	-	0	-
Selling, General & Admin	0.56	0.61	4.15	0.29	0
Research & Development	0.16	0.16	-	-	-
Operating Expenses	0.73	0.77	4.17	0.29	0
Operating Income	-0.73	-0.77	-4.17	-0.29	-0
Interest Expense	-0.02	-0.02	-0	-0	-0.01
EBT Excluding Unusual Items	-0.75	-0.79	-4.17	-0.29	-0.02
Gain (Loss) on Sale of Investments	-	-	-0.05	-	-
Gain (Loss) on Sale of Assets	-	-	-	0.01	-
Asset Writedown	-	-	-	-0.01	-
Other Unusual Items	-1.62	-1.61	-	0.3	-
Pretax Income	-2.37	-2.4	-4.22	0.01	-0.02
Net Income	-2.37	-2.4	-4.22	0.01	-0.02
Net Income to Common	-2.37	-2.4	-4.22	0.01	-0.02
Shares Outstanding (Basic)	2	2	2	1	0
Shares Outstanding (Diluted)	2	2	2	1	0
Shares Change (YoY)	18.25%	35.14%	184.71%	223.97%	-
EPS (Basic)	-1.04	-1.13	-2.69	0.01	-0.09
EPS (Diluted)	-1.04	-1.13	-2.69	0.01	-0.09
Gross Margin	-	-	-	100.00%	-
Operating Margin	-	-	-	-447418.75%	-
Profit Margin	-	-	-	11843.75%	-
EBIT	-0.73	-0.77	-4.17	-0.29	-0
Revenue as Reported	-	-	-	0	-

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