COSWF Financials 07/15/2014 20:51:21 Canadian Oil

COSWF Financials 07/15/2014 20:51:21
Canadian Oil Sands Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 3,797,000 3,719,000 3,806,000 3,174,000
Cost of Revenue 1,406,000 1,511,000 - 1,783,000
Gross Profit 2,391,000 2,207,000 3,806,000 1,391,000
Operating Expenses
Research and Development 125,000 101,000 111,000 -
Sales, General and Admin. 644,000 377,000 1,751,000 31,000
Non-Recurring Items - - - -
Other 450,000 405,000 374,000 432,000
Operating Income 1,172,000 1,325,000 1,570,000 928,000
Income From Continuing Operations
Add'l Income/Expense Items (83,000) 25,000 (22,000) 60,000
Earnings Before Interest and Tax 1,089,000 1,350,000 1,549,000 906,000
Interest Expense 41,000 56,000 45,000 -
Earnings Before Tax 1,048,000 1,294,000 1,504,000 906,000
Income Tax 263,000 316,000 380,000 (291,000)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 785,000 977,000 1,123,000 1,197,000
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 785,000 977,000 1,123,000 1,197,000
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 785,000 977,000 1,123,000 1,197,000