landdrill international inc
(LDI:TSX Venture Exchange)

Financial Statements for landdrill international inc (LDI)

Currency in Millions of Canadian Dollars	As of:	Dec 31 2008 Restated CAD	Dec 31 2009 CAD	Dec 31 2010 Restated CAD	Dec 31 2011 CAD	4 Year Trend
Revenues		24.5	15.0	34.7	64.8
TOTAL REVENUES		24.5	15.0	34.7	64.8
Cost of Goods Sold		15.4	9.4	26.9	52.1
GROSS PROFIT		9.1	5.6	7.8	12.6
Selling General & Admin Expenses, Total		5.6	5.6	7.2	9.3
Depreciation & Amortization, Total		1.5	2.1	--	1.9
Other Operating Expenses		--	--	-0.1	0.0
OTHER OPERATING EXPENSES, TOTAL		7.1	7.7	7.1	11.1
OPERATING INCOME		1.9	-2.1	0.7	1.5
Interest Expense		-0.7	-1.1	-1.1	-1.9
Other Non-Operating Expenses, Total		0.2	-0.9	0.1	-0.4
Other Non-Operating Income (Expenses)		--	0.2	--	--
Impairment of Goodwill		--	--	--	0.2
Gain (Loss) on Sale of Investments		--	0.1	0.6	0.1
Gain (Loss) on Sale of Assets		0.0	0.0	0.4	0.2
Other Unusual Items, Total		--	--	--	-0.4
EBT, INCLUDING UNUSUAL ITEMS		1.4	-4.0	0.6	-0.7
Income Tax Expense		0.9	0.5	0.7	1.0
Minority Interest in Earnings		--	--	0.1	0.6
Earnings from Continuing Operations		0.5	-4.5	-0.1	-1.6
NET INCOME		0.5	-4.5	0.0	-1.1
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		0.5	-4.5	0.0	-1.1
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		0.5	-4.5	0.0	-1.1

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