TXGE Financials 07/15/2014 18:52:42 Texas Gulf En
Post# of 7

Texas Gulf Energy, Incorporated.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 9,503 26,815 30,884 23,982
Cost of Revenue 7,770 20,627 25,413 22,493
Gross Profit 1,733 6,188 5,471 1,489
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 5,867 7,617 3,764 5,105
Non-Recurring Items - - - -
Other - - - -
Operating Income (4,134) (1,429) 1,707 (3,617)
Income From Continuing Operations
Add'l Income/Expense Items 221 443 45 -
Earnings Before Interest and Tax (3,913) (986) 1,752 (3,617)
Interest Expense 212 167 11 3
Earnings Before Tax (4,125) (1,153) 1,741 (3,619)
Income Tax (1,174) (140) 664 (1,010)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,951) (1,013) 1,077 (2,610)
Non Recurring Events
Discontinued Operations 2,662 670 - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (289) (343) 1,077 (2,610)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (289) (343) 1,077 (2,610)

