Viewtran Group, Inc. (VIEWF)

Viewtran Group Income Statement

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

Fiscal Year	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009
Revenue	533.59	20.41	14.15	2,590	2,096
Revenue Growth (YoY)	2513.82%	44.28%	-99.45%	23.53%	6.98%
Cost of Revenue	411.71	15.42	10.22	2,223	1,795
Gross Profit	121.88	5	3.93	366.65	301.33
Selling, General & Admin	77.04	65.36	78.14	191.86	124.84
Research & Development	46.34	58.67	60.62	77.89	67.5
Other Operating Expenses	-8.02	-0.91	4.27	-0.46	-0.12
Operating Expenses	116.01	123.11	143.03	269.28	228.22
Operating Income	5.87	-118.12	-139.1	97.36	73.11
Interest Expense	-	-1.25	-0.87	-9.41	-1.96
Interest & Investment Income	13.01	1.99	0.19	14.69	14.49
Other Non Operating Income (Expenses)	8.25	0.78	-	-	-
EBT Excluding Unusual Items	27.13	-116.6	-139.78	102.65	85.64
Impairment of Goodwill	-	-	-109.16	-21.42	-
Other Unusual Items	-	-	-	43.68	-
Pretax Income	27.13	-116.6	-248.94	124.9	85.64
Income Tax Expense	4.18	2.33	-1.32	11.85	9.21
Earnings From Continuing Operations	22.94	-118.93	-247.62	113.06	76.43
Earnings From Discontinued Operations	-8.1	143.06	91.02	-	-
Net Income to Company	14.84	24.13	-156.61	113.06	83.17
Minority Interest in Earnings	-	-	-	-0.68	-2.95
Net Income	14.84	24.13	-156.61	112.38	80.22
Net Income to Common	14.84	24.13	-156.61	112.38	80.22
Net Income Growth	-38.50%	-	-	40.08%	-16.35%
Shares Outstanding (Basic)	33	36	37	37	37
Shares Outstanding (Diluted)	33	36	37	38	38
Shares Change (YoY)	-8.93%	-1.99%	-2.86%	1.37%	-4.83%
EPS (Basic)	0.45	0.66	-4.22	3.01	2.20
EPS (Diluted)	0.45	0.66	-4.23	2.94	2.13
EPS Growth	-32.92%	-	-	38.10%	-12.03%
Free Cash Flow	292.08	-248.98	-157.16	-29.15	-35.94
Free Cash Flow Per Share	8.82	-6.85	-4.24	-0.76	-0.95
Gross Margin	22.84%	24.47%	27.77%	14.16%	14.37%
Operating Margin	1.10%	-578.61%	-983.13%	3.76%	3.49%
Profit Margin	2.78%	118.20%	-1106.83%	4.34%	3.83%
Free Cash Flow Margin	54.74%	-1219.63%	-1110.76%	-1.13%	-1.71%
EBITDA	35.55	-86.74	-104.29	125.31	107.46
EBITDA Margin	6.66%	-	-	4.84%	5.13%
D&A For EBITDA	29.68	31.38	34.81	27.95	34.35
EBIT	5.87	-118.12	-139.1	97.36	73.11
EBIT Margin	1.10%	-	-	3.76%	3.49%
Effective Tax Rate	15.42%	-	-	9.49%	10.75%
Revenue as Reported	533.59	20.41	14.15	2,590	2,096
Advertising Expenses	0	-	-	0.16	0.06

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