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TIMOTHY ROSE CONTRACTING , INC . <br /> DECEMBER 31 , 2007 <br /> CONTENTS <br /> Page <br /> Accountants ' Report 1 <br /> Financial Statements : <br /> Balance Sheet 2 <br /> Statement of Income <br /> and Retained Earnings 3 <br /> Statement of Cash Flows 4 <br /> Notes to Financial Statement 5 - 9 <br /> Supplementary Information : <br /> Schedule of Cost of Revenues and <br /> Schedule of General and <br /> Administrative Expenses 10 <br /> Schedule of Completed Contracts 11 - 12 <br /> Schedule of Contracts in Progress 13 <br /> Schedule of Total Revenues Earned and Costs 14 <br />