Exhibit A

NATIONAL FUEL RESOURCES, INC.
INCOME STATEMENT

	Three Months Ended September 30, 2004			Twelve Months Ended September 30, 2004
	Actual			Actual
Operating Revenues	$	43,617,002		$	284,349,407
Operating Expenses:
Purchased Gas		42,305,682			271,222,908
Purchased Electric		--			(1,416	)
Operation		1,276,615			3,891,947
Depreciation, Depletion
& Amortization		22,932			101,790
Franchise & Other Taxes		40,440			385,473
		43,645,669			275,600,702
Operating Income		(28,667	)		8,748,705
Interest Income		204,539			782,713
Interest Expense		19,097			32,495
Net Income Before Taxes		156,775			9,498,923
Income Taxes:
Federal		(213,769	)		2,445,832
State		(54,783	)		600,461
Deferred		477,578			917,337
		209,026			3,963,630
Net Income	$	(52,251	)	$	5,535,293