<?php

foreach( $file_list as $file ) {

    $column = 'D';

    $book = PHPExcel_IOFactory::load( $folder . $file );

    $headings = array( 'Title1',
                'Title2',
                'Title3',
                'Title4',
                'Title5' );

?>

<table class="results">

    <tbody>

        <tr>

            <?php

            for( $i = 0; $i <= 4; $i++ ) {

                echo '<th colspan="2">' . $headings[ $i ] . '</th>' . "\n";

            }

            ?>

        </tr>

        <tr>

            <?php

            for( $row = 106; $row <= 110; $row++ ) {

                echo '<td colspan="2">' . round( $book->getActiveSheet()->getCell( $column . $row )->getCalculatedValue(), 1 ) . '</td>' . "\n";

            }

            ?>

        </tr>

    </tbody>

</table>

<?php

}

?>