China Gengsheng Minerals Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Revenue	60.88	73.53	76.94	62.19	56.96
Revenue Growth (YoY)	-17.21%	-4.42%	23.71%	9.19%	14.45%
Cost of Revenue	52.81	60.89	60.73	44.5	40.74
Gross Profit	8.07	12.65	16.21	17.69	16.22
Selling, General & Admin	11.76	16.95	16.5	14.11	10.72
Research & Development	1.39	0.92	0.7	0.82	0.48
Operating Expenses	20.1	19.6	18.54	15.36	11.1
Operating Income	-12.04	-6.95	-2.33	2.33	5.12
Interest Expense	-7.74	-7.3	-2.67	-1.77	-0.4
Interest & Investment Income	1.18	0.81	0.92	0.36	0.07
Earnings From Equity Investments	-0.1	-0.06	-	-	-
Other Non Operating Income (Expenses)	0.75	0.69	-2.12	-0.13	0.15
EBT Excluding Unusual Items	-17.95	-12.82	-6.2	0.79	4.94
Impairment of Goodwill	-	-	-0.44	-	-
Asset Writedown	-	-0.29	-0.31	-	-
Other Unusual Items	-	-	-0.28	-	1.15
Pretax Income	-17.95	-13.1	-7.23	0.79	6.09
Income Tax Expense	0.29	0.49	0.33	0.52	0.41
Earnings From Continuing Operations	-18.24	-13.59	-7.55	0.27	5.68
Minority Interest in Earnings	0.06	0.06	0.05	-0.01	-0.07
Net Income	-18.18	-13.54	-7.51	0.26	5.61
Net Income to Common	-18.18	-13.54	-7.51	0.26	5.61
Net Income Growth	-	-	-	-95.29%	38.29%
Shares Outstanding (Basic)	27	27	27	24	24
Shares Outstanding (Diluted)	27	27	27	24	24
Shares Change (YoY)	-	0.18%	10.36%	0.85%	-
EPS (Basic)	-0.68	-0.51	-0.28	0.01	0.23
EPS (Diluted)	-0.68	-0.51	-0.28	0.01	0.23
EPS Growth	-	-	-	-95.33%	38.29%
Free Cash Flow	6.92	-18.18	-17.43	-13.54	-9.9
Free Cash Flow Per Share	0.26	-0.68	-0.65	-0.56	-0.41
Gross Margin	13.25%	17.20%	21.07%	28.45%	28.48%
Operating Margin	-19.77%	-9.46%	-3.02%	3.75%	8.98%
Profit Margin	-29.86%	-18.41%	-9.75%	0.43%	9.85%
Free Cash Flow Margin	11.37%	-24.72%	-22.66%	-21.78%	-17.38%
EBITDA	-8.77	-3.68	0.05	4.03	6.06
EBITDA Margin	-14.41%	-5.01%	0.07%	6.48%	10.64%
D&A For EBITDA	3.26	3.27	2.38	1.7	0.95
EBIT	-12.04	-6.95	-2.33	2.33	5.12
EBIT Margin	-19.77%	-9.46%	-3.02%	3.75%	8.98%
Effective Tax Rate	-	-	-	65.74%	6.77%
Advertising Expenses	-	-	0.02	-	0.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.