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COMPANY INFORMATION
Alternative Fuel Systems (2004) Inc. Bay 1, 4321 14 St NE Calgary, AB T2E 7A9 Tel: (403) 262-1833 Fax: (403) 237-7441 Contact Name James F. Perry Industry Auto Parts & Equipment		Key Executives James F. Perry, CEO & CFO Develops and markets core components for the international automotive industry, specializing in alternative fuel components, including electronic engine controllers, natural gas handling components and associated software to manufacturers of new vehicles and stationary engines and to aftermarket fleet conversion specialists. Also provides engineering services and sells warranties on the products. Operations are conducted in Canada, the United States, Europe, India, China and Asia.
FP ADVISOR COVERAGE Alternative Fuel Systems (2004) Inc. • FP Corporate Surveys • FP Directory of Directors • Ordering FP Products		TOP INDUSTRY PLAYERS Auto Parts & Equipment Company Name Revenue ($000s)  Magna International Inc. 25,292,168 Linamar Corporation 2,257,000 Martinrea International Inc. 1,557,021 Wescast Industries Inc. 301,997 CVTech Group Inc. 148,247 (Links are to Snapshots.)
FINANCIAL RATIOS AS OF FEB 4/10 Listed Close 52-wk High 52-wk Low IAD Latest Dividend Yield 60-mo Beta TSX-VEN/AFX $0.22 $0.56 $0.07 n.a. n.a. n.a. -1.04 Avg 20-day Volume P/E 12-mo EPS EPS Date 1-yr Return 3-yr Return 5-yr Return Market Cap. (000s) 11,045 22.00 $0.01 Sept. 30/09 86.96% 31.29% 9.75% $3,740
ANNUAL FINANCIALS Periods ended: 12m Dec. 31/08 12m Dec. 31/07 12m Dec. 31/06 $000s $000s $000s Operating revenue 3,889 1,791 2,460 Net income 494 (582) (100) Total assets 3,071 2,127 2,697 $ $ $ Earnings per share* 0.03 (0.03) (0.01) % % % Return on equity 23.95 (27.97) (4.17)   * Common

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