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Jura Announces First Quarter Results
Jura Announces First Quarter Results.
About this update from Jura Energy Corporation
[{"type":"text","content":"\n\n\n\n(JEC) TSX\n\n\nCALGARY, Feb. 14 /CNW/ - Jura Energy Corporation (\"JEC\") announced today\nits first quarter results for the period ended December 31, 2006.\n\n\n-------------------------------------------------------------------------\n Consolidated Balance Sheets\n\n (unaudited)\n\n December 31, September 30,\n 2006 2006\n --------------- ---------------\n\n Assets\nCurrent\n\n Cash and short-term deposits $ 19,501,619 $ 21,591,496\n\n Accounts receivable 200,619 364,664\n\n Marketable securities, at fair value\n (September 30, 2006: at cost) 58,687 33,901\n\n Prepaid expenses and deposits 248,214 354,683\n --------------- ---------------\n\n 20,009,139 22,344,744\n\nOther assets 4,096,944 3,949,721\n\nProperty and equipment 47,009,443 45,449,458\n --------------- ---------------\n\n $ 71,115,526 $ 71,743,923\n --------------- ---------------\n --------------- ---------------\n\n\n Liabilities\n\nCurrent\n\n Accounts payable and accrued\n liabilities $ 1,986,270 $ 2,309,461\n\n Notes payable 650,000 863,426\n --------------- ---------------\n\n 2,636,270 3,172,887\n\nMinority interest in subsidiaries 833,298 833,298\n --------------- ---------------\n\n 3,469,568 4,006,185\n --------------- ---------------\n\n Shareholders' Equity\n\nShare capital 178,883,639 178,884,558\n\nContributed surplus 20,176,979 20,170,769\n\nDeficit (131,414,660) (131,317,589)\n --------------- ---------------\n\n 67,645,958 67,737,738\n --------------- ---------------\n\n $ 71,115,526 $ 71,743,923\n --------------- ---------------\n --------------- ---------------\n\n\n-------------------------------------------------------------------------\n Consolidated Statements of Operations and Deficit\n (unaudited)\n\n Three months ended December 31,\n 2006 2005\n --------------- ---------------\n\nRevenue\n\n Investment $ 207,093 $ 428,326\n\n Unrealized gain on revaluation of\n marketable securities 24,786 -\n\n Gain on sale of assets - 529,399\n --------------- ---------------\n\n 231,879 957,725\n --------------- ---------------\n\nExpenses\n\n Rental - 4,371\n\n General and administrative 698,147 1,700,365\n\n Interest - 404\n\n Recoveries on settlement of amounts\n payable (369,624) -\n\n Depletion, depreciation and\n amortization 427 2,706\n --------------- ---------------\n\n 328,950 1,707,846\n --------------- ---------------\n\nNet loss for...