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Jura Announces Year End Results
Jura Announces Year End Results.
About this update from Jura Energy Corporation
[{"type":"text","content":"\n\n\n\n(JEC) TSX\n\n\nCALGARY, Dec. 20 /CNW/ - Jura Energy Corporation (\"JEC\") announced today\nits financial results for the year ended September 30, 2006.\n\n\n-------------------------------------------------------------------------\nConsolidated Balance Sheets\n\n-------------------------------------------------------------------------\nAs at September 30 2006 2005\n-------------------------------------------------------------------------\n\nAssets\nCurrent\n Cash and cash equivalents $ 21,591,496 $ 13,979,830\n Accounts receivable 364,664 2,326,290\n Loans and notes receivable - 8,280,456\n Prepaid expenses and deposits 354,683 102,741\n --------------- ---------------\n 22,310,843 24,689,317\n\nOil and gas interests 45,313,221 -\nLoans and notes receivable - 3,030,424\nRestricted cash deposits 3,949,721 5,032,371\nProperty and equipment 136,237 221,387\nInvestments 33,901 354,920\n --------------- ---------------\n $ 71,743,923 $ 33,328,419\n --------------- ---------------\n --------------- ---------------\nLiabilities\nCurrent\n Accounts payable and accrued\n liabilities $ 2,309,461 $ 1,410,598\n Notes payable 863,426 872,019\n Income taxes payable - 125,310\n Deferred revenue - 286,447\n --------------- ---------------\n 3,172,887 2,694,374\n\nNon-controlling interest in subsidiaries 833,298 1,769,509\n --------------- ---------------\n 4,006,185 4,463,883\n --------------- ---------------\nShareholders' Equity\nShare capital 178,884,558 142,319,358\nContributed surplus 20,170,769 15,724,319\nDeficit (131,317,589) (129,179,141)\n --------------- ---------------\n 67,737,738 28,864,536\n --------------- ---------------\n $ 71,743,923 $ 33,328,419\n --------------- ---------------\n --------------- ---------------\n\n\n-------------------------------------------------------------------------\nConsolidated Statements of Earnings and Deficit\n\n-------------------------------------------------------------------------\nFor the years ended September 30 2006 2005\n-------------------------------------------------------------------------\n\nRevenue\n\n Rental $ 10,700 $ 18,530\n Interest 1,260,071 1,385,689\n Gain on sale of assets 619,033 1,626,715\n Investment and other 709,183 1,895,108\n --------------- ---------------\n 2,598,987 4,926,042\n --------------- ---------------\n\nExpenses\n\n Rental 17,304 29,698\n General ...