| 31-Mar-01 | Eagle Consolidated Report | |||||||
| Income Statement UNAUDITED | ||||||||
| 3 Months | 3 Months | Variance | ||||||
| Ended Mar/01 | Ended Mar/00 | Fav/<Unf> | % Var | |||||
| ========= | ========= | ========= | ========= | |||||
| Income | ||||||||
| Sales Account, Equipment | $16,344 | $0 | $16,344 | |||||
| --------------------- | --------------------- | ---------------- | ||||||
| TOTAL Income | 16,344 | 0 | 16,344 | |||||
| --------------------- | --------------------- | ---------------- | ||||||
| NET REVENUE | 16,344 | 0 | 16,344 | |||||
| --------------------- | --------------------- | ---------------- | ||||||
| Cost of Goods Sold | ||||||||
| Cost of Goods Sold, WaterEquip | 467 | 2,866 | 2,399 | 83.70% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| TOTAL Cost of Goods Sold | 467 | 2,866 | 2,399 | 83.70% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| GROSS PROFIT | 15,877 | -2,866 | 18,742 | 654.10% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| Expenses | ||||||||
| Payroll Costs | ||||||||
| Officers Salaries | 9,000 | 13,500 | 4,500 | 33.30% | ||||
| Key Man Insurance | 543 | 724 | 181 | 25.00% | ||||
| Auto insurance | 512 | 1,222 | 710 | 58.10% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| TOTAL Payroll Costs | 10,055 | 15,446 | 5,391 | 34.90% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| Other Advertising | 0 | 448 | 448 | 100.00% | ||||
| Stock/Trades/Expenses | 320 | 0 | -320 | |||||
| Promotional Material | 0 | 350 | 350 | 100.00% | ||||
| Gas/Propane | 642 | 415 | -227 | -54.70% | ||||
| Electricity | 725 | 638 | -88 | -13.80% | ||||
| Water/Sewer | 0 | 34 | 34 | 100.00% | ||||
| Bank/Finance charges | 104 | 456 | 352 | 77.10% | ||||
| Office Supplies/expenses | 301 | 1,634 | 1,334 | 81.60% | ||||
| Office Equipment/Lease Exp. | 0 | 529 | 529 | 100.00% | ||||
| Telephone, Nev Bell | 626 | 459 | -167 | -36.30% | ||||
| Telephone, Sparks, Long Dist. | 204 | 235 | 31 | 13.20% | ||||
| Telephone | 707 | 2,917 | 2,210 | 75.80% | ||||
| Internet Service | 40 | 70 | 30 | 43.00% | ||||
| Cellular-Sparks | 188 | 0 | -188 | |||||
| Contract Labor | 25,000 | 151,200 | 126,200 | 83.50% | ||||
| Consulting-general | 25,435 | 3,638 | -21,797 | -599.10% | ||||
| Contract Services | 5,142 | 370,226 | 365,085 | 98.60% | ||||
| Training & Seminars | 0 | 50 | 50 | 100.00% | ||||
| Dues & Subscriptions | 132 | 270 | 138 | 51.10% | ||||
| Auto lease expense | 0 | -19,308 | -19,308 | -100.00% | ||||
| Auto Operate Expense | 1,354 | 1,960 | 606 | 30.90% | ||||
| Freight/Postage Costs | -63 | 799 | 862 | 107.90% | ||||
| Freight Expense | -179 | 0 | 179 | |||||
| Travel & Entertainment | 14,484 | 9,186 | -5,298 | -57.70% | ||||
| Personal expenses | 0 | 139 | 139 | 100.00% | ||||
| Promotional | 0 | 165 | 165 | 100.00% | ||||
| Shareholder Meetings | 0 | 650 | 650 | 100.00% | ||||
| Interest expense | 3,128 | 2,754 | -373 | -13.50% | ||||
| Legal & Accounting | 3,295 | 17,267 | 13,972 | 80.90% | ||||
| Professional fees | 4,369 | 5,681 | 1,312 | 23.10% | ||||
| Rent | 10,860 | 63,120 | 52,260 | 82.80% | ||||
| Depreciation Expenses | 0 | 13,826 | 13,826 | 100.00% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| TOTAL Expenses | 106,869 | 645,255 | 538,386 | 83.40% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| OPERATING PROFIT | -90,992 | -648,121 | 557,128 | 86.00% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| Other Income & Expenses | ||||||||
| Stock Sales,Treasury Issue | 0 | -510,872 | 510,872 | 100.00% | ||||
| Stock sale, Convert. Debenture | 0 | -9,000 | 9,000 | 100.00% | ||||
| Stock sale, Warrants | 35,900 | 112,216 | -76,316 | -68.00% | ||||
| Miscellaneous Income | 0 | 2,509 | -2,509 | -100.00% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| TOTAL Other Income & Expenses | 35,900 | -405,147 | 441,047 | 108.90% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| PROFIT BEFORE TAXES | -55,092 | -1,053,268 | 998,176 | 94.80% | ||||
| --------------------- | --------------------- | ---------------- | ||||||
| NET PROFIT | ($55,092) | ($1,053,268) | $998,176 | 94.80% | ||||
| ============ | ============ | ========= | ||||||