UBRG Financials 07/15/2014 21:40:50 Universal Bio

UBRG Financials 07/15/2014 21:40:50
Universal Bioenergy, Inc.
Period Ending Jun 30, 2013 Dec 31, 2012 Jun 30, 2012 Dec 31, 2011
Total Revenue 60,220 50,514 57,328 71,748
Cost of Revenue 60,136 50,435 57,195 71,604
Gross Profit 83 79 133 144
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,234 1,782 1,784 1,214
Non-Recurring Items - - - -
Other 1 2 (49) 3
Operating Income (1,152) (1,705) (1,602) (1,073)
Income From Continuing Operations
Add'l Income/Expense Items 2,499 (12) (849) 12
Earnings Before Interest and Tax 1,347 (1,717) (2,451) (1,061)
Interest Expense 1,970 1,933 1,552 1,052
Earnings Before Tax (624) (3,650) (4,004) (2,112)
Income Tax - - - -
Minority Interest (73) (138) (94) (73)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (624) (3,650) (4,004) (2,112)
Non Recurring Events
Discontinued Operations - - (125) (125)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (550) (3,512) (4,034) (2,165)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (550) (3,512) (4,034) (2,165)