HNGSF Financials 07/15/2014 19:46:00 Hanergy Sola

HNGSF Financials 07/15/2014 19:46:00
Hanergy Solar Group Ltd
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 16,839 4,082 10,369 9,594
Cost of Revenue 16,494 4,397 8,884 8,108
Gross Profit 344 (315) 1,485 1,486
Operating Expenses
Research and Development (75) 1,156 935 646
Sales, General and Admin. 2,873 3,232 4,583 7,224
Non-Recurring Items - 925 221 -
Other - - - -
Operating Income (2,454) (5,628) (4,253) (6,384)
Income From Continuing Operations
Add'l Income/Expense Items (41) 2,042 837 -
Earnings Before Interest and Tax (2,477) (3,579) (3,496) (6,002)
Interest Expense 642 1,054 273 197
Earnings Before Tax (3,119) (4,633) (3,769) (6,198)
Income Tax - 103 - (368)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 18 7 (80) 382
Net Income Cont. Operations (3,119) (4,736) (3,849) (5,448)
Non Recurring Events
Discontinued Operations 600 (492) - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,518) (5,228) (3,769) (5,830)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (2,518) (5,228) (3,769) (5,830)