CHNUF Financials 07/15/2014 20:25:32 China Educat
Post# of 6
China Education Resources, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 10,085 7,937 6,553 5,436
Cost of Revenue 4,936 3,473 2,738 2,009
Gross Profit 5,150 3,919 3,815 3,427
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 4,922 4,737 3,530 3,675
Non-Recurring Items 2,221 500 - 26
Other 21 43 108 237
Operating Income (2,014) (1,361) 177 (499)
Income From Continuing Operations
Add'l Income/Expense Items 3 2 2 14
Earnings Before Interest and Tax (2,011) (1,359) 179 (497)
Interest Expense 241 144 61 6
Earnings Before Tax (2,252) (1,504) 118 (503)
Income Tax 218 - 34 58
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,470) (1,504) 83 (561)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,470) (1,504) 83 (561)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (2,470) (1,504) 83 (561)