UGHS Financials 07/16/2014 19:18:32 University Ge

UGHS Financials 07/16/2014 19:18:32
University General Health System, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 163,989 113,223 71,175 56,135
Cost of Revenue 106,239 55,822 42,360 31,217
Gross Profit 57,750 57,401 28,815 24,918
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 63,380 29,122 18,984 11,163
Non-Recurring Items - - - 3,439
Other 11,476 9,216 7,337 6,952
Operating Income (17,107) 19,063 2,494 3,363
Income From Continuing Operations
Add'l Income/Expense Items (5,345) (12,172) 500 -
Earnings Before Interest and Tax (22,452) 6,892 2,994 3,363
Interest Expense 7,101 6,112 4,939 4,782
Earnings Before Tax (29,553) 780 (1,945) (1,419)
Income Tax 5,270 4,564 444 300
Minority Interest (277) (364) 183 -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (34,546) (3,420) (2,571) (1,719)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (34,546) (3,420) (2,571) (1,719)
Preferred Stock and Other Adjustments (1,162) (559) - -
Net Income Applicable to Common Shareholders (35,708) (3,979) (2,571) (1,719)