PREX Financials 07/16/2014 00:51:15 Progress Ener
Post# of 3
Progress Energy, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 9,533,000 9,405,000 8,948,000 10,223,000
Cost of Revenue 6,098,000 6,749,000 6,103,000 6,666,000
Gross Profit 3,435,000 2,656,000 2,845,000 3,557,000
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 557,000 570,000 562,000 580,000
Non-Recurring Items 380,000 200,000 3,000 5,000
Other 883,000 747,000 701,000 920,000
Operating Income 1,618,000 1,137,000 1,583,000 2,044,000
Income From Continuing Operations
Add'l Income/Expense Items 97,000 128,000 56,000 101,000
Earnings Before Interest and Tax 1,712,000 1,267,000 1,635,000 2,153,000
Interest Expense 680,000 740,000 725,000 747,000
Earnings Before Tax 1,032,000 527,000 910,000 1,406,000
Income Tax 373,000 172,000 323,000 539,000
Minority Interest 3,000 7,000 7,000 7,000
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 659,000 355,000 587,000 867,000
Non Recurring Events
Discontinued Operations 16,000 52,000 (5,000) (4,000)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 672,000 400,000 575,000 856,000
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 672,000 400,000 575,000 856,000