RSRV Financials 07/16/2014 15:04:41 Reserve Petro

RSRV Financials 07/16/2014 15:04:41
Reserve Petroleum Company (The)
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 18,813 15,134 12,963 13,829
Cost of Revenue 3,674 2,731 2,364 2,499
Gross Profit 15,139 12,403 10,599 11,330
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,597 1,604 1,418 1,410
Non-Recurring Items - - - -
Other 5,969 5,158 3,180 3,085
Operating Income 7,573 5,641 6,001 6,835
Income From Continuing Operations
Add'l Income/Expense Items 357 491 1,058 153
Earnings Before Interest and Tax 7,966 6,206 7,095 7,117
Interest Expense - - - -
Earnings Before Tax 7,966 6,206 7,095 7,117
Income Tax 1,897 1,652 1,816 1,866
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 35 73 36 129
Net Income Cont. Operations 6,103 4,627 5,315 5,380
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,068 4,554 5,279 5,251
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 6,068 4,554 5,279 5,251