BWVI Financials 07/16/2014 04:18:42 Blue Water Ve
Post# of 34
Blue Water Ventures International, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 1,016 1,462
Cost of Revenue 510 913
Gross Profit 506 550
Operating Expenses
Research and Development - -
Sales, General and Admin. 638 424
Non-Recurring Items 67 491
Other 141 224
Operating Income (339) (589)
Income From Continuing Operations
Add'l Income/Expense Items 77 61
Earnings Before Interest and Tax (262) (529)
Interest Expense - 44
Earnings Before Tax (262) (573)
Income Tax 60 -
Minority Interest - (1)
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (322) (572)
Non Recurring Events
Discontinued Operations - 599
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (322) 27
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (322) 27