DIAMONDHEAD POA YEAR-TO-DATE PROFIT & LOSS THROUGH JANUARY, 2008
OPERATIONS
		MEMBER-	CAPITAL	GOLF	COUNTRY	19TH							FACILITIES
	TOTAL	SHIP	IMPROVEM'TS	OPS	CLUB	HOLE	ADMIN	A & E	RECREAT'N	TENNIS	MARINA	AIRPORT	MAINT	SECURITY	MARKET'G
REVENUES	687,928	300,577	105,917	112,997	114,117	18,529	19,705	4,650	325	5,767	2,101	3,243	0	0
COST OF SALES	57,480	0	0	6,708	42,959	4,568	0	0	0	0	0	3,245	0	0
GROSS PROFIT	630,448	300,577	105,917	106,289	71,158	13,961	19,705	4,650	325	5,767	2,101	(2)	0	0
TOTAL EXPENSES	555,830	21,054	0	139,078	98,285	20,462	98,802	10,616	8,111	7,840	509	478	101,417	44,789	4,389
DEPT OPERATING P/(L)	74,618	279,523	105,917	(32,789)	(27,127)	(6,501)	(79,097)	(5,966)	(7,786)	(2,073)	1,592	(480)	(101,417)	(44,789)	(4,389)
NON-OPERATING ITEMS
DEPRECIATION	47,764	0	0	15,257	5,157	375	12,613	0	1,841	677	790	1,506	8,210	1,338	0
NET INCOME	26,854	279,523	105,917	(48,046)	(32,284)	(6,876)	(91,710)	(5,966)	(9,627)	(2,750)	802	(1,986)	(109,627)	(46,127)	(4,389)
COPIES OF MONTHLY STATEMENTS MAY BE OBTAINED IN THE OFFICE