NULM Financials 07/15/2014 22:31:32 New Ulm Telec

NULM Financials 07/15/2014 22:31:32
New Ulm Telecom, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 38,716 32,483 33,271 32,336
Cost of Revenue 9,665 7,676 7,124 6,386
Gross Profit 29,050 24,807 26,147 25,950
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 14,548 12,903 12,733 12,056
Non-Recurring Items - - - -
Other 9,156 8,220 9,010 9,500
Operating Income 5,346 3,684 4,403 4,394
Income From Continuing Operations
Add'l Income/Expense Items 870 583 859 905
Earnings Before Interest and Tax 6,216 5,037 5,948 5,941
Interest Expense 1,382 2,227 2,416 2,788
Earnings Before Tax 4,835 2,809 3,531 3,152
Income Tax 1,980 (365) 1,504 1,102
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - 771 685 641
Net Income Cont. Operations 2,854 3,945 2,713 2,692
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 2,854 3,175 2,028 2,051
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 2,854 3,175 2,028 2,051