INGVF Financials 07/15/2014 19:08:54 ING Groep N.
Post# of 5
ING Groep N.V.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 22,607,000 21,305,000 25,074,000 72,836,000
Cost of Revenue 18,720,000 20,919,000 17,452,000 60,368,000
Gross Profit 3,887,000 386,000 7,622,000 12,468,000
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,614,000 291,000 8,332,000 (3,651,000)
Non-Recurring Items - - - -
Other 10,250,000 11,521,000 10,159,000 10,911,000
Operating Income (7,976,000) (11,425,000) (10,870,000) 5,208,000
Income From Continuing Operations
Add'l Income/Expense Items 70,819,000 79,108,000 83,925,000 -
Earnings Before Interest and Tax 62,843,000 67,684,000 73,055,000 79,009,000
Interest Expense 54,695,000 63,441,000 66,466,000 73,801,000
Earnings Before Tax 8,148,000 4,243,000 6,589,000 5,208,000
Income Tax 2,031,000 1,028,000 1,363,000 1,342,000
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 6,117,000 3,214,000 5,226,000 3,866,000
Non Recurring Events
Discontinued Operations 555,000 1,647,000 1,058,000 -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,672,000 4,861,000 6,284,000 3,866,000
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 6,672,000 4,861,000 6,284,000 3,866,000