Income Statement Balance Sheet Cash Flow Statement
Annual Financials for EC Development Inc.
Fiscal year is January-December. All values USD millions. 2009 2010 2011 5-year trend
Sales/Revenue - - 1.62M 1.7M 463,971
Cost of Goods Sold (COGS) incl. D&A - - 1.93M 1.45M 1.69M
COGS excluding D&A - - 917,025 386,426 677,755
Depreciation & Amortization Expense - - 1.02M 1.06M 1.02M
Depreciation - - 12,426 58,579 13,117
Amortization of Intangibles - - 1M 1M 1M
Gross Income - - (309,897) 256,332 (1.23M)
2009 2010 2011 5-year trend
SG&A Expense - - 882,098 1.08M 499,501
Research & Development - - 0 0 0
Other SG&A - - 882,098 1.08M 499,501
Other Operating Expense - - 0 0 0
Unusual Expense - - 0 0 0
EBIT after Unusual Expense - - 0 0 0
Non Operating Income/Expense - - 0 0 0
Non-Operating Interest Income - - - - 0
Equity in Affiliates (Pretax) - - 0 0 0
Interest Expense - - 600,000 353,532 38,686
Gross Interest Expense - - 600,000 353,532 38,686
Interest Capitalized - - 0 0 0
Pretax Income - - (1.79M) (1.18M) (1.77M)
Income Tax - - 0 0 0
Income Tax - Current Domestic - - 0 0 0
Income Tax - Current Foreign - - 0 0 0
Income Tax - Deferred Domestic - - 0 0 0
Income Tax - Deferred Foreign - - 0 0 0
Income Tax Credits - - 0 0 0
Equity in Affiliates - - 0 0 0
Other After Tax Income (Expense) - - 0 0 0
Consolidated Net Income - - (1.79M) (1.18M) (1.77M)
Minority Interest Expense - - 0 0 0
Net Income - - (1.79M) (1.18M) (1.77M)
Extraordinaries & Discontinued Operations - - 0 0 0
Extra Items & Gain/Loss Sale Of Assets - - 0 0 0
Cumulative Effect - Accounting Chg - - 0 0 0
Discontinued Operations - - 0 0 0
Net Income After Extraordinaries - - (1.79M) (1.18M) (1.77M)
Preferred Dividends - - 0 0 0
Net Income Available to Common - - (1.79M) (1.18M) (1.77M)
EPS (Basic) - - (24.00) (0.06) (0.07)
Basic Shares Outstanding - - 75,000 19.45M 26.38M
EPS (Diluted) - - (24.00) (0.06) (0.07)
Diluted Shares Outstanding - - 75,000 19.45M 26.38M
EBITDA - - (176,992) 239,369 (713,285)
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