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<br />ie <br />i. <br />I. <br />. <br />.a <br />.I <br />. <br />.;.. <br />.~ <br />. <br />.1 <br />:! <br />.j <br />. <br />.i <br />.~ <br />. <br />.; <br />.~ <br />. <br />.~ <br />. <br />.~ <br />.~ <br />. <br />. ~ <br />. <br />. ~ <br />. ~ <br />. <br />. ~ <br />. ~ <br />. <br />. ~ <br />. ~ <br />. <br />. ~ <br />. <br />. ~ <br />. ~ <br />. <br />. ~ <br />. <br />~ <br />. ~ <br />. ~ <br />. <br />. ~ <br />. ~ <br />. <br />. <br />. ,. <br />. ~ <br />. ~ <br />. ,.. <br /> <br />BERMELLO, AJAMIL & PARTNERS, me. <br /> <br />STATEMENTS OF OPERATIONS <br />FOR THE YE.-\.PS ENDED DECEMBER 31, <br /> <br />REVENUES EARNED <br /> <br /> 2005 2004 <br />$ 31,130,292 $ 23,139,356 <br /> 19,257.402 13.637.785 <br /> 11.872.890 9.501.571 <br /> 3,385,658 2,980,554 <br /> 6,215.439 5.306.786 <br /> 9.601.097 8.287.340 <br /> 2.271.793 1.214.231 <br /> 127,412 206,394 <br /> (107.970) ( 124.695) <br /> 19,442 81.699 <br /> 2,291,235 1,295,930 <br /> 835.047 337,825 <br />$ 1.456.188 $ 958.105 <br /> <br />COST OF REVE1\TlJES EAR1\TED <br /> <br />GROSS PROFIT <br /> <br />lliTDIRECT COSTS <br />Labor <br />General and administrative expenses <br /> <br />INCOME FROM OPERATIONS <br /> <br />OTHER INCOME (EXPENSE) <br />Other income <br />Interest expense <br /> <br />INCOME FROM OPERATIONS BEFORE BONUS <br /> <br />Bonus expense <br /> <br />NET lNCOME <br /> <br />The accompanying notes 3re 211 integral part of these finan63.1 statements. <br /> <br />j <br />