Ctrip.com International, Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 889,798 667,511 555,781 437,233
Cost of Revenue 229,070 166,572 127,920 94,885
Gross Profit 660,728 500,939 427,861 342,348
Operating Expenses
Research and Development 205,771 146,366 95,565 68,873
Sales, General and Admin. 316,460 249,505 162,929 113,510
Non-Recurring Items - - - -
Other - - - -
Operating Income 138,496 105,068 169,367 159,966
Income From Continuing Operations
Add'l Income/Expense Items 59,993 49,345 35,530 20,746
Earnings Before Interest and Tax 198,489 154,413 204,897 180,712
Interest Expense 9,423 1,821 - -
Earnings Before Tax 189,066 152,592 204,897 180,712
Income Tax 48,521 47,273 41,657 31,112
Minority Interest (15,183) (3,835) 1,358 595
Equity Earnings Unconsolidated Subsidiary 9,177 5,512 9,140 10,042
Net Income Cont. Operations 164,905 114,666 171,022 159,047
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 164,905 114,666 171,022 159,047
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 164,905 114,666 171,022 159,047