Goldsands Development Company (GSDC)

GSDC Income Statement

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

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Sep 30, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Cost of Revenue	-	-	-	-0.06	-	-
Gross Profit	-	-	-	0.06	-	-
Selling, General & Admin	1.63	1.42	1.67	1.81	0.39	0.08
Operating Expenses	20.75	24.8	13.35	4.81	1.05	0.21
Operating Income	-20.75	-24.8	-13.35	-4.75	-1.05	-0.21
Interest Expense	-3.8	-2.1	-0.04	-	-0.07	-0.05
Interest & Investment Income	-	-	0	0.01	0.01	-
Currency Exchange Gain (Loss)	0.05	0.02	0.03	0	-0	-
Other Non Operating Income (Expenses)	-0.88	-1.12	-1.33	-0.67	-0.1	-
EBT Excluding Unusual Items	-25.39	-28.01	-14.69	-5.41	-1.22	-0.26
Gain (Loss) on Sale of Assets	-	-	-	0.31	-	-
Asset Writedown	-	-	-0.03	-	-	-
Legal Settlements	-	-	0.14	-0.2	-	-
Other Unusual Items	0.16	-	-	-	-	-0.03
Pretax Income	-25.23	-28.01	-14.58	-5.3	-1.22	-0.29
Income Tax Expense	-	-0.75	-4.83	-	-	-
Net Income	-25.23	-27.25	-9.75	-5.3	-1.22	-0.29
Net Income to Common	-25.23	-27.25	-9.75	-5.3	-1.22	-0.29
Shares Outstanding (Basic)	155	83	64	53	48	45
Shares Outstanding (Diluted)	155	83	64	53	48	45
Shares Change (YoY)	95.90%	29.23%	21.59%	10.31%	5.54%	8.01%
EPS (Basic)	-0.16	-0.33	-0.15	-0.10	-0.03	-0.01
EPS (Diluted)	-0.16	-0.33	-0.15	-0.10	-0.03	-0.01
Free Cash Flow	-2.67	-3.28	-5.81	-3.61	-0.48	-0.74
Free Cash Flow Per Share	-0.02	-0.04	-0.09	-0.07	-0.01	-0.02
EBITDA	-3.63	-6.66	-8.94	-4.71	-1.02	-0.08
D&A For EBITDA	17.13	18.15	4.41	0.04	0.03	0.13
EBIT	-20.75	-24.8	-13.35	-4.75	-1.05	-0.21

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