Management Accounts

EASSON TELECOM LIMITED
Pro Forma Financial Information of the Group
FOR THE PERIOD ENDED 30 JUNE 2007
	2007	2006
	Pro Forma	Pro Forma	Changes
	the ETL Group	the ETL Group	+/-
	(HK$)	(HK$)
Revenue	4,300,000	3,254,555	32.12%
Cost of services	(2,945,500)	(2,252,915)	30.74%
Gross profit	1,354,500	1,001,641	35.23%
Investment income		41
Administrative expenses	(989,000)	(739,897)	33.67%
Profit/(loss) before tax	365,500	261,764	39.63%
Income tax expense	(120,615)	(86,382)
Profit/(loss) for the year	244,885	175,382	39.63%
Note: 1 euro = 10.46 HK$ as at 30th June 2007