Contents - Index


Earnings Statement

ALASKA LIMB AND BRACE                   
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS                                                              


REVENUES:              

SALES RETURNS AND ALLOWANCES                      
  4050 ADDITIONAL NON-ALLOWED SALES-O                        -$2,932.95
       ----------------------------------------------------------------
       SUBTOTAL FOR SALES RETURNS AND ALLOWANCES             -$2,932.95

SALES RETURNS AND ALLOWANCES 706                  
  4060 A/R CASH DISCOUNTS  ALLOWED                           -$2,293.12
       ----------------------------------------------------------------
       SUBTOTAL FOR SALES RETURNS AND ALLOWANCES 706         -$2,293.12

SALES                                             
  4400 SALES - ORTHOTICS   400                               $31,178.74
  4410 SALES - PROSTHETICS   410                             $41,294.71
  4420 SALES - PED ORTHOTICS   420                            $3,205.00
  4430 SALES - SOFT GOODS - ORTHOTICS                         $2,248.04
  4431 SALES - SOFT GOODS - PROSTHETI                         $2,328.04
  4440 SALES - DME   440                                         $98.00
  4450 SALES - OTHER   450                                        $3.00
       ----------------------------------------------------------------
       SUBTOTAL FOR SALES                                    $80,355.53

BAD DEBTS                                         
  4714 BAD DEBT 714  UNCOLLECTABLE AC                          -$282.00
  4715 MERCHANDISE RETURN 715                                  -$121.20
       ----------------------------------------------------------------
       SUBTOTAL FOR BAD DEBTS                                  -$403.20

MISC. INCOME                                      
  4810 INTEREST INCOME   675  A/R INT                             $0.01
       ----------------------------------------------------------------
       SUBTOTAL FOR MISC. INCOME                                  $0.01

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TOTAL REVENUES:                                              $74,726.27

EXPENSES:              

COST OF SALES                                     
  5500 COS - ORTHOTICS   500                                  $4,156.62
  5510 COS - PROSTHETICS   510                                $7,782.66
  5520 COS - PED ORTHOTICS   520                              $1,264.23
  5530 COS - SOFT GOODS - ORTHOTICS                           $1,450.46
  5531 COS - SOFT GOODS - PROSTHETICS                         $1,162.61
       ----------------------------------------------------------------
       SUBTOTAL FOR COST OF SALES                            $15,816.58








ALASKA LIMB AND BRACE                   
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS                                                              

WAGES
EXPENSES:              

       ----------------------------------------------------------------
       SUBTOTAL FOR WAGES                                         $0.00

COST OF SALES                                     
       ----------------------------------------------------------------
       SUBTOTAL FOR COST OF SALES                                 $0.00

OPERATING EXPENSE                                 
  7717 BUSINESS MEALS   717                                      $48.55
  7725 EXTERIOR MAINTENANCE   725                               $749.05
  7727 MAINTENANCE SUPPLIES   727                               $337.49
       ----------------------------------------------------------------
       SUBTOTAL FOR OPERATING EXPENSE                         $1,135.09

COST OF SALES                                     
       ----------------------------------------------------------------
       SUBTOTAL FOR COST OF SALES                                 $0.00

OPERATING EXPENSE                                 
  7730 OFFICE SUPPLIES   730                                    $249.51
  7733 RENT   733                                             $7,250.00
       ----------------------------------------------------------------
       SUBTOTAL FOR OPERATING EXPENSE                         $7,499.51

COST OF SALES                                     
  7736 401K PENSION EXPENSE (COMPANY)                           $426.18
       ----------------------------------------------------------------
       SUBTOTAL FOR COST OF SALES                               $426.18

OPERATING EXPENSE                                 
  7743 TRAVEL & LODGING   743                                 $1,727.26
  7744 UTILITIES - WATER   745                                  $169.22
  7745 UTILITIES - MGE   745                                    $457.17
  7747 ADVERTISING - AD SPACE   712                             $195.40
  7750 AUTO - LEASE     746                                     $249.88
  7751 AUTO - MILAGE - REPAIRS  713                             $509.33
  7756 COMPUTER SUPPORT   720                                 $1,148.85
       ----------------------------------------------------------------
       SUBTOTAL FOR OPERATING EXPENSE                         $4,457.11

PROFESSIONAL EXPENSE                              
  7761 ACCOUNTING  724                                          $370.00
       ----------------------------------------------------------------
       SUBTOTAL FOR PROFESSIONAL EXPENSE                        $370.00









ALASKA LIMB AND BRACE                   
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS                                                              


EXPENSES:              
COST OF SALES                                     
  7765 LAB EQUIPMENT - HAND TOOLS - P                         $1,029.34
  7767 LAB SUPPLIES - MISC    722                               $893.78
  7770 INSURANCE - BUSINESS   723                             $7,459.00
  7771 INSURANCE - EMPLOYEE BENEFITS                            $280.46
       ----------------------------------------------------------------
       SUBTOTAL FOR COST OF SALES                             $9,662.58

OPERATING EXPENSE                                 
  7775 TELEPHONE    737                                         $507.15
  7776 TELEPHONE - CELLULAR   737                                $62.67
  7780 MISC EXP - SUBSCRIPTIONS   732                           $105.00
  7785 POSTAGE - STAMPS   729                                   $427.34
  7786 FREIGHT IN   729                                         $557.78
  7788 VENDOR SALES TAX PD  729                                  $48.48
       ----------------------------------------------------------------
       SUBTOTAL FOR OPERATING EXPENSE                         $1,708.42

GENERAL EXPENSE                                   
  8810 A/P DISCOUNTS ALLOWED                                   -$262.23
       ----------------------------------------------------------------
       SUBTOTAL FOR GENERAL EXPENSE                            -$262.23

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TOTAL EXPENSES:                                              $40,813.24
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NET EARNINGS:                                                $33,913.03