10 YEAR FINANCIAL REVIEW 10 Year Financial Review Note: Financial information has been calculated under Canadian GAAP for the years 2004 to 2009 and under  IFRS for the years 2010 through 2013. Readers should be aware that these two sets of accounting standards  are not consistent with each other. Revenue amounts reported for 2012 and 2013 include revenue solely  granted by the Company from its wholly owned operations.  65 AKITA DRILLING LTD.  ANNUAL REPORT $Thousands (except per share) Annual  Ranking 2013 2012 2011 Summary of Operations Revenue 4  $ 167,533  $ 203,440  $ 199,934  Income before income taxes 4  $ 35,682  $ 38,413  $ 31,762  Income taxes 5  $ 9,167  $ 9,658  $ 8,409  Net income 4  $ 26,515   $ 28,755   $ 23,353  As a percentage of average shareholders’ equity 7 11.3% 13.5% 12.1% Earnings per Class A and Class B share (basic) 4  $ 1.48   $ 1.60   $ 1.29  Funds flow from operations 2  $ 57,619   $ 59,412   $ 42,895  As a percentage of average shareholders’ equity 5 24.6% 28.0% 22.3% Financial Position at Year End Working capital 8  $ 40,645   $ 31,214   $ 44,265  Current ratio 5 2.93:1 1.70:1 2.37:1 Total assets 1  $ 291,748  $ 289,368  $ 247,130  Shareholders’ equity 1  $ 245,288  $ 223,695  $ 201,104  per share 1  $ 13.65  $ 12.49  $ 11.15  Other Capital expenditures (Net) 5  $ 35,113  $ 65,356  $ 54,509  Depreciation and amortization 1  $ 26,825   $ 24,342   $ 20,933  Dividends paid 1  $ 5,566  $ 5,038  $ 5,066 per share 1  $ 0.32  $ 0.28  $ 0.28 