00 the unaudited consolidated statement of operations of Plentyoffish Media Inc. and Subsidiaries for the trailing nine months ended June 30, 2015; (ii) the unaudited consolidated statement of operations of Plentyoffish Media Inc. and Subsidiaries for the nine months ended September 30. 2014; and (N) the audited consolidated statement of operations of Plentyoffish Media Inc. and Subsidanes for the year ended December 31. 2014. As a result of this basis of presentation, the consolidated results of operations of Plentyoffish Media Inc. and Subsidiaries for the three months ended December 31. 2014 Is Included In both the pro forma combined statements of operations for the nine months ended September 30. 2015 and for the year ended December 3t, 2014. Revenue. operating income and net earnings of Plentyoffish Media Inc. and Subsidiaries, in Canadian dollars, for the three months ended December 31, 2014 are $17.6 million, $9.6 million and $7.0 million, respectively. The statement of operations for the nine months ended September 30, 2015 for PlentyOffish is calculated by taking the six months ended June 30, 2015 plus the three months ended December 31, 2014. The statement of operations for the nine months ended September 30. 2014 for PlentyOfFish is calculated by taking the twelve months ended December 31, 2014 less the three months ended December 31. 2014. The historical financial information of PlentyOfFish was prepared in accordance with U.S. GAAP and in Canadian dollars. The historical financial information was translated from Canadian dollars to U.S. dollars using the following historical exchange rates. CAD/U.S. Period end exchange rate as of June 30, 2015 (balance sheet) Average exchange rate for the trailing nine months ended June 30. 2015 (statement of operations) Average exchange rate for the nine months ended September 30. 2014 (statement of operations) Average exchange rate for the year ended December 31. 2014 (statement of operations) 0.810