Posted On: 07/15/2014 12:30:57 AM
Post# of 6
LCTZ Financials Monday, July 14, 2014 12:30:54 PM
La Cortez Energy, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 2,624 523
Cost of Revenue 1,073 1,554
Gross Profit 1,552 (1,031)
Operating Expenses
Research and Development - -
Sales, General and Admin. 5,635 5,326
Non-Recurring Items 9,793 3,563
Other 1,188 298
Operating Income (15,064) (10,219)
Income From Continuing Operations
Add'l Income/Expense Items 7,463 5,971
Earnings Before Interest and Tax (7,601) (4,247)
Interest Expense 134 -
Earnings Before Tax (7,735) (4,247)
Income Tax 39 51
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (7,774) (4,298)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (7,774) (4,298)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (7,774) (4,298)
La Cortez Energy, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 2,624 523
Cost of Revenue 1,073 1,554
Gross Profit 1,552 (1,031)
Operating Expenses
Research and Development - -
Sales, General and Admin. 5,635 5,326
Non-Recurring Items 9,793 3,563
Other 1,188 298
Operating Income (15,064) (10,219)
Income From Continuing Operations
Add'l Income/Expense Items 7,463 5,971
Earnings Before Interest and Tax (7,601) (4,247)
Interest Expense 134 -
Earnings Before Tax (7,735) (4,247)
Income Tax 39 51
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (7,774) (4,298)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (7,774) (4,298)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (7,774) (4,298)
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