ELRNF Financials 07/16/2014 07:55:54 Elron Electr

ELRNF Financials 07/16/2014 07:55:54
Elron Electronic Industries Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 9,197 40,667 50,466 178,012
Cost of Revenue 59 - 5,823 3,948
Gross Profit 9,138 40,667 44,643 174,064
Operating Expenses
Research and Development 3,929 6,869 18,184 18,209
Sales, General and Admin. 7,738 8,095 16,146 20,128
Non-Recurring Items - - - -
Other - - 313 1,484
Operating Income (2,529) 25,703 10,000 134,243
Income From Continuing Operations
Add'l Income/Expense Items 3,487 282 (9,560) (3,136)
Earnings Before Interest and Tax (10,910) 17,628 (9,934) 120,244
Interest Expense 561 2,052 4,173 3,031
Earnings Before Tax (11,471) 15,576 (14,107) 117,213
Income Tax (28,401) (262) 602 6,112
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary (11,868) (8,357) (10,374) (10,863)
Net Income Cont. Operations 5,062 7,481 (25,083) 100,238
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 16,930 15,838 (14,709) 111,101
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 16,930 15,838 (14,709) 111,101