North-West Oil Group Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2007	FY 2006	FY 2005
Period Ending	Mar '07 Mar 31, 2007	Mar '06 Mar 31, 2006	Mar '05 Mar 31, 2005
Revenue	43.15	104	1.75
Revenue Growth (YoY)	-58.51%	5849.42%	-
Cost of Revenue	28.05	83.82	1.43
Gross Profit	15.1	20.17	0.31
Selling, General & Admin	6.79	6.41	0.04
Operating Expenses	7.79	7.44	0.1
Operating Income	7.31	12.74	0.21
Other Non Operating Income (Expenses)	0.01	-0.02	0.01
Pretax Income	7.32	12.71	0.22
Income Tax Expense	1.76	3.05	0.05
Net Income	5.56	9.66	0.17
Net Income to Common	5.56	9.66	0.17
Net Income Growth	-42.43%	5610.55%	-
Free Cash Flow	34.79	-101.28	0.2
Gross Margin	35.00%	19.40%	18.01%
Operating Margin	16.95%	12.25%	12.12%
Profit Margin	12.89%	9.29%	9.68%
Free Cash Flow Margin	80.62%	-97.39%	11.55%
EBITDA	8.31	13.77	0.27
EBITDA Margin	19.26%	13.24%	15.70%
D&A For EBITDA	1	1.03	0.06
EBIT	7.31	12.74	0.21
EBIT Margin	16.95%	12.25%	12.12%
Effective Tax Rate	24.00%	24.00%	23.16%

Source: S&P Capital IQ. Standard template. Financial Sources.