TVOC Financials 07/16/2014 01:34:52 Texas Vanguar
Post# of 4
Texas Vanguard Oil Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 5,707 6,510 7,213 6,400
Cost of Revenue 2,592 4,800 4,256 4,119
Gross Profit 3,115 1,710 2,957 2,281
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 599 584 564 542
Non-Recurring Items 440 12 143 164
Other 453 557 454 497
Operating Income 1,623 556 1,795 1,078
Income From Continuing Operations
Add'l Income/Expense Items 8,434 72 - -
Earnings Before Interest and Tax 10,056 628 1,795 1,078
Interest Expense 3 3 3 4
Earnings Before Tax 10,054 625 1,792 1,073
Income Tax 2,928 238 637 390
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 7,126 388 1,155 684
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 7,126 388 1,155 684
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 7,126 388 1,155 684