CONSOLIDATED FINANCIAL STATEMENTS Consolidated Statements of Net Income  and Comprehensive Income (1) Certain comparative figures have been restated to conform with IFRS 11 and IAS 19 (Note 22).  The accompanying notes are an integral part of these consolidated financial statements.  33 AKITA DRILLING LTD.  ANNUAL REPORT  Year Ended December 31 $Thousands except per share amounts 2013  2012  (1) Revenue Note 14 $ 167,533  $ 203,440  Costs and expenses Operating and maintenance Note 15 106,281  137,854  Depreciation and amortization Note 9 26,825  24,342  Selling and administrative Note 15 18,265  18,462  Total costs and expenses 151,371  180,658  Revenue less costs and expenses 16,162  22,782  Equity income from joint ventures Note 8 18,792 14,163 Other income (losses) Interest income 345  385  Interest expense (108)  (4) Gain on sale of joint venture interests in rigs and other assets 106  1,082  Net other gains 385 5 Total other income  728  1,468  Income before income taxes 35,682  38,413  Income taxes Note 11 9,167  9,658  Net income for the year attributable to shareholders 26,515  28,755  Other comprehensive income (loss) 109 (21) Comprehensive income for the year attributable to shareholders  $ 26,624  $ 28,734  Net income per Class A and Class B Share Note 17 Basic $ 1.48  $ 1.60  Diluted $ 1.47  $ 1.60 