1)Income statement (also referred as profit and loss statement (P&L), statement of financial performance, earnings statement, operating

statement or statement of operations)[1] is a company's financial statement that indicates how the revenue (money received from the sale of
products and services before expenses are taken out, also known as the "top line") is transformed into the net income (the result after all
revenues and expenses have been accounted for, also known as the "bottom line"). It displays the revenues recognized for a specific period,
and the cost and expenses charged against these revenues, including write-offs (e.g., depreciation and amortization of various assets) and
taxes.[1] The purpose of the income statement is to show managers and investors whether the company made or lost money during the period
being reported.

2) While some lines of an income statement rely on estimates or forecasts, the interest expense line is basically a key equation. When
accounting for income tax expense, still, a business can exercise different accounting techniques in support of some of its expenses than it uses
for calculating its chargeable income. The hypothetical amount of taxable income, if generally the accounting methods used were normally
used in the tax return is actually calculated.

4) - INCOME STATEMENT BOND LLC -

For the year ended DECEMBER 31 2007

€ €
Debit Credit
Revenues
GROSS PROFIT (including rental income) 496,397
--------
Expenses:
ADVERTISING 6,300
BANK & CREDIT CARD FEES 144
BOOKKEEPING 3,350
EMPLOYEES 88,000
ENTERTAINMENT 5,550
INSURANCE 750
LEGAL & PROFESSIONAL SERVICES 1,575
LICENSES 632
PRINTING, POSTAGE & STATIONERY 320
RENT 13,000
RENTAL MORTGAGES AND FEES 74,400
TELEPHONE 1,000
UTILITIES 491
--------
TOTAL EXPENSES (195,512)
--------
NET INCOME 300,885
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5)