EXHIBIT 7(b)4 UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996. MICROELECTRONIC PACKAGING, INC. UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996 Pro Forma Pro Forma Historical Adjustments Consolidated ----------- ----------- ------------ Net sales $45,532,000 $ (55,000) (1) $45,477,000 Cost of goods sold 37,788,000 (55,000) (1) 37,733,000 ----------- ---------- ----------- Gross profit 7,744,000 - 7,744,000 Selling, general and administrative 4,352,000 (23,000) (1) 4,329,000 Engineering and product development 2,010,000 - 2,010,000 ----------- ---------- ----------- Income (loss) from operations 1,382,000 (23,000) 1,359,000 Other income (expense): Foreign exchange gain (loss) 380,000 380,000 Interest (expense), net (1,728,000) 550,000 (1) (1,178,000) Other income, net 466,000 - 466,000 ----------- ---------- ----------- Income (loss) before provision for income taxes 500,000 (573,000) 1,073,000 Provision for income taxes 47,000 - 47,000 ----------- ---------- ----------- Net income (loss) $ 453,000 $ (573,000) $ 1,026,000 =========== ========== =========== Net income (loss) per common share $ 0.08 $ 0.18 =========== =========== Weighted average shares used in per share calculation 5,622,000 5,622,000 =========== =========== See accompanying notes to unaudited pro forma condensed consolidated financial information.