PRSG Financials 07/16/2014 11:04:51 Primus Guaran
Post# of 4
Primus Guaranty, Ltd.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue (35,233) 273,865
Cost of Revenue - -
Gross Profit (35,233) 273,865
Operating Expenses
Research and Development - -
Sales, General and Admin. 12,767 32,142
Non-Recurring Items 635 8,108
Other - -
Operating Income (48,635) 233,615
Income From Continuing Operations
Add'l Income/Expense Items 10,753 13,257
Earnings Before Interest and Tax (31,884) 253,903
Interest Expense 5,998 7,031
Earnings Before Tax (37,882) 246,872
Income Tax 16 (134)
Minority Interest - (61,174)
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (37,898) 247,006
Non Recurring Events
Discontinued Operations 4,133 (49,544)
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (33,765) 197,462
Preferred Stock and Other Adjustments (3,035) (3,162)
Net Income Applicable to Common Shareholders (36,800) 255,474