Financial Statements
Gaden Relief Projects

Consolidated Income Statement 
For the year ending June 30, 2003

                 General        Zuru     General     Exchange        Zadoh       Total
                      C$          C$         US$           C$*          C$          C$
Revenue               
 
 Donations
  Receipted     41523.30        0.00       120.00       48.00     14755.37    56446.67
  To be recptd      0.00        0.00         0.00        0.00       780.00      780.00
  No receipt     3758.60        0.00      3083.00     1233.20      1523.06     9597.86
  Total         45281.90        0.00      3203.00     1281.20     17058.43    66824.53
 Interest           6.32        0.09         0.00        0.00        12.51       18.92
 Sales              0.00        0.00         0.00        0.00      3132.18     3132.18
 
 Total Rev      45288.22        0.08      3203.00     1281.20     20203.12    69975.63

Expenditures

 Direct Aid         
  Aid            7901.00        0.00         0.00        0.00         0.00     7901.00      
  Shipping          0.00        0.00         0.00        0.00         0.00        0.00
  Total          7901.00        0.00         0.00        0.00         0.00     7901.00

 Admin
  Office           38.00        0.00         0.00        0.00       856.79      894.79
  Travel         2419.00        0.00         0.00        0.00         0.00     2419.00
  Bank Ch         134.36        0.00        60.00       24.00        36.50      254.86
  Purchases         0.00        0.00         0.00        0.00      2372.15     2372.15
  Exchange**        0.00        0.00         0.00       21.86         0.00       21.86
  Total          2591.36        0.00        60.00       45.86      3265.44     5962.66

 Total Exp      10492.36        0.00        60.00       45.86      3265.44    13863.66

Excess          34795.86        0.09      3143.00     1235.34     16937.68    56111.97




Consolidated Balance Statement 
June 30, 2003

                 General       Zuru       General    Exchange        Zadoh       Total
                      C$         C$           US$          C$           C$          C$
Assets               
 
 Cash in bank   51381.69       89.39      3331.10     1332.44     23910.34    80044.96

 Total assets   51381.69       89.39      3331.10     1332.44     23910.34    80044.96

Liabilities         0.00        0.00         0.00        0.00         0.00        0.00

Net Worth  

 Balance Jun02**16585.83       89.30       188.10       97.10      6972.66    23932.99
 Excess         34795.86        0.09      3143.00     1235.34     16937.68    56111.97
 Transfers          0.00        0.00         0.00        0.00         0.00        0.00
 Balance Jun03  51381.69       89.39      3331.10     1332.44     23910.34    80044.96
 
Total L & NW    51381.69       89.39      3331.10     1332.44     23910.34    80044.96


Notes

Bank Accounts as of June 30, 2003:

 Gaden Relief Projects (General C$):   0592-0000475      
 Zuru Reconstruction Project (C$):     0592-0109906
 Gaden Relief Projects (General US$):  0592-7300073
 Zadoh Health Care (Zadoh C$):         891000029703


*Exchange in Canadian dollars for U.S. dollar amounts was calculated at rate
of C$0.40 per U.S. dollar (i.e., US$1.00 + C$0.40 = C$1.40).

**Exchange used in previous year was C$0.5162 per U.S. dollar.  An exchange adjustment to 
reflect the decline in value of the U.S. dollar over the past fiscal year is shown under 
expenditures.