TRARF Financials 07/16/2014 04:39:24 Teras Resour

TRARF Financials 07/16/2014 04:39:24
Teras Resources Inc.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 Jun 01, 2010
Total Revenue 1 492 7 -
Cost of Revenue - - - -
Gross Profit 1 492 7 -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,775 1,850 1,398 570
Non-Recurring Items 442 208 - -
Other 10 9 8 8
Operating Income (2,226) (1,575) (1,399) (578)
Income From Continuing Operations
Add'l Income/Expense Items 291 - - 2
Earnings Before Interest and Tax (1,935) (1,575) (1,399) (576)
Interest Expense - - 4 20
Earnings Before Tax (1,935) (1,575) (1,403) (596)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,935) (1,575) (1,403) (596)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,935) (1,575) (1,403) (596)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,935) (1,575) (1,403) (596)