ABK: Income Statement for AMBAC FINL GRP INC - Yahoo!7 Finance

PERIOD ENDING		30-Sep-09	31-Mar-09	30-Sep-08	30-Jun-08
Total Revenue		2,689,511	1,129,521	488,175	547,166
Cost of Revenue		-	-	-	-

Gross Profit		-	1,129,521	488,175	547,166

	Operating Expenses
	Research Development	-	-	-	-
	Selling General and Administrative	568,677	804,439	668,091	(266,931)
	Non Recurring	-	-	-	-
	Others	-	-	4,013,524	(1,989,572)

	Total Operating Expenses	-	-	-	-


Operating Income or Loss		2,067,999	325,082	(4,193,440)	2,803,669

	Income from Continuing Operations
	Total Other Income/Expenses Net	-	-	1,204,916	(1,204,916)
	Earnings Before Interest And Taxes	2,103,367	325,082	(2,988,524)	1,598,753
	Interest Expense	(50,592)	45,382	83,385	91,368
	Income Before Tax	2,153,959	279,700	(3,071,909)	1,507,385
	Income Tax Expense	(34,284)	671,900	(640,687)	684,251
	Minority Interest	-	-	-	-

	Net Income From Continuing Ops	2,188,243	(392,200)	(2,431,222)	823,134

	Non-recurring Events
	Discontinued Operations	-	-	-	-
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-


Net Income		2,188,259	(392,200)	(2,431,222)	823,134
Preferred Stock And Other Adjustments		(2)	13	-	-

Net Income Applicable To Common Shares		$2,188,257	($392,187)	($2,431,222)	$823,134

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