STOHF Financials 07/16/2014 08:20:02 Statoil ASA

STOHF Financials 07/16/2014 08:20:02
Statoil ASA
Period Ending Dec 31, 2013 Dec 31, 2012 Mar 31, 2012 Dec 31, 2011
Total Revenue 102,100,000 126,600,000 34,151,000 108,100,000
Cost of Revenue 63,000,000 76,500,000 17,291,000 63,600,000
Gross Profit 39,000,000 50,100,000 16,861,000 44,500,000
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,500,000 2,000,000 3,709,000 2,200,000
Non-Recurring Items 3,000,000 3,300,000 547,000 2,300,000
Other 11,900,000 10,900,000 2,552,000 8,600,000
Operating Income 22,600,000 33,900,000 10,053,000 31,400,000
Income From Continuing Operations
Add'l Income/Expense Items 2,900,000 2,900,000 (77,000) 3,900,000
Earnings Before Interest and Tax 22,800,000 37,100,000 10,065,000 35,800,000
Interest Expense - - - -
Earnings Before Tax 22,800,000 37,100,000 10,065,000 35,800,000
Income Tax 16,400,000 24,700,000 7,373,000 22,700,000
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - 300,000 89,000 200,000
Net Income Cont. Operations 6,500,000 12,800,000 2,781,000 13,400,000
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,500,000 12,500,000 2,692,000 13,100,000
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 6,500,000 12,500,000 2,692,000 13,100,000