Income Statement for Zap (ZAAP)

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Income Statement for Zap
Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Profit
Total Revenue 50,281,000 56,237,000 3,816,000
Cost of Revenue 48,656,000 51,777,000 3,387,000
Gross Profit 1,625,000 4,460,000 429,000
Operating Expenses
Research Development 2,510,000 7,259,000 996,000
Selling General and Administrative 21,511,000 25,474,000 13,529,000
Non Recurring 2,560,000 - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss -27,020,000 -28,273,000 -14,096,000
Income from Continuing Operations
Total Other Income/Expenses Net -520,000 1,846,000 -3,277,000
Earnings Before Interest And Taxes -27,931,000 -26,755,000 -17,692,000
Interest Expense 2,950,000 18,812,000 1,322,000
Income Before Tax -30,881,000 -45,567,000 -19,014,000
Income Tax Expense 282,000 -145,000 4,000
Minority Interest 9,338,000 4,625,000 -
Net Income From Continuing Ops -22,216,000 -41,125,000 -19,337,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -21,825,000 -40,797,000 -19,337,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -21,825,000 -40,797,000 -19,018,000
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