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Gatal Balance Sheet as Of: 31/Dec/2006 <table> <caption> as of 31/Dec/06 Assets Current Assets <s> <c> Advance Expenses $1,003.00 Total Current Assets $1,003.00 Fixed Assets Vehicle $15,305.00 Accumulated Depreciation ($191.00) Total Fixed Assets $15,114.00 - Total Assets $16,117.00 =========================== Liabilities & Equity Liabilities Current Liabilities Employees and Employee Institutes $17,034.00 Creditors $15,385.00 Accounts Payable $9,000.00 Shareholder Loan $3,667.00 Total Current Liabilities $45,086.00 Equity Common Stock $24.00 Accumulated Losses ($28,993.00) Total Equity ($28,969.00) - Total Liabilities & Equity $16,117.00 =========================== </Table> <page> Gatal Profit and Loss Date Range: November 1, 2006 - December 31, 2006 1/Nov/06 - 31/Dec/06 Ordinary Income/Expense Expense Salary $17,472.00 Legal $3,500.00 Accounting $3,500.00 Office $2,000.00 Other Expense $2,395.00 Total Expense $28,867.00 Net Losses ($28,867.00) Other Expense Exchange Loss $126.00 Net Other Income ($126.00) - Net Losses ($28,993.00) ============================== <page> Gatal Cash Flow Statement Date Range: November 1, 2006 - December 31, 2006 <table> <caption> 1/Nov/06 - 31/Dec/06 <s> <c> Operating Activities Net Income ($28,993.00) Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Advance Expenses ($1,003.00) Depreciation $191.00 Creditors $15,385.00 Employees and Employee Institutes $17,034.00 Accounts Payable $9,000.00 Net Cash Provided by Operating Activities $11,614.00 Investing Activities Acquisition of Fixed Assets ($15,305.00) Net Cash Provided by Investing Activities ($15,305.00) Financing Activities Common Stock $24.00 Loan From Related Parties $3,667.00 Net Cash Provided by Financing Activities $3,691.00 Net Cash Change for the Period $0.00 Cash at Beginning of the Period $0.00 - Cash at End of the Period $0.00 ============================ </Table>
