Eagle Plains Resources Ltd.

Annual Report:

Income Statement: As of Dec. 31 Thou. Canadian Dollars	2008	2007
Revenues	2,256	2,656
Cost & exps.	3,696	3,331
Write down of mineral properties	6,139
Option proceeds in excess of carrying value	856	948
Other income	227	308
Gain on sale of invstmt.	(31)	27
Investment income	191	244
Depr. & amort.	124	97
Income tax	(1,936)	66
Net income	(4,523)	689
Share earns. basic	(0.07)	0.01
Share earns. diluted	(0.07)	0.01

Balance Sheet: As of Dec. 31 Thou. Canadian Dollars	2008	2007
Assets:
Cash & equiv.	3,780	6,167
Accounts receivable	732	1,262
Mineral exploration tax credits rec.	676	592
Due from related company	164	250
Due from affil.	20	100
Long-term investments	1,507	2,236
Investment in and advances to related company	20	100
Property and equipment	809	702
Mineral exploration properties	7,422	9,791
Total assets	15,110	21,100
Liabilities:
Accounts payable and accrued liabilities	285	460
Future income tax	623	1,649
Com. stk. n.p.	21,092	19,310
Warrants	509	1,203
Accumulated other comprehensive loss	(1,946)	(82)
Capital surplus	1,830	1,320
Retained earns.	(7,282)	(2,760)
Total stockholders' equity	14,202	18,991
Total liabs.	15,110	21,100

---

Privacy Notice Copyright © 2009, Standard & Poor's. All rights reserved.