Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Abakan Inc.
Fiscal year is June-May. All values USD millions. 2010 2011 2012 2013 2014 5-year trend
Sales/Revenue 0 0 2.94M 1.85M 853,566
Cost of Goods Sold (COGS) incl. D&A 76,082 5,790 1.35M 2M 2.34M
COGS excluding D&A 66,261 0 1.05M 1.59M 1.56M
Depreciation & Amortization Expense 9,821 5,790 302,858 417,072 784,057
Depreciation 9,821 2,290 42,782 140,837 718,160
Amortization of Intangibles 0 3,500 260,076 276,235 65,897
Gross Income (76,082) (5,790) 1.59M (158,081) (1.49M)
2010 2011 2012 2013 2014 5-year trend
SG&A Expense 387,842 2.67M 4.96M 6.64M 5.4M
Research & Development 0 0 737,316 1.35M 1.33M
Other SG&A 387,842 2.67M 4.22M 5.29M 4.07M
Other Operating Expense 941,560 0 153,317 0 0
Unusual Expense 0 54,548 (1.82M) (17,715) 110,600
EBIT after Unusual Expense 0 (54,548) 1.82M 17,715 (110,600)
Non Operating Income/Expense 0 0 429,717 (921) (510)
Non-Operating Interest Income 1,382 2,125 242 3,794 15
Equity in Affiliates (Pretax) (191,665) (278,291) 944,125 (260,877) (126,519)
Interest Expense 10,931 174,301 749,609 1.3M 448,544
Gross Interest Expense 10,931 174,301 749,609 1.3M 449,163
Interest Capitalized 0 0 - 0 619
Pretax Income (1.61M) (3.18M) (1.08M) (8.34M) (7.58M)
Income Tax 0 0 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 0 -
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income (1.61M) (3.18M) (1.08M) (8.34M) (7.58M)
Minority Interest Expense 0 0 41,810 (1.11M) (1.62M)
Net Income (1.61M) (3.18M) (1.12M) (7.22M) (5.96M)
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg - 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries (1.61M) (3.18M) (1.12M) (7.22M) (5.96M)
Preferred Dividends 0 0 0 0 0
Net Income Available to Common (1.61M) (3.18M) (1.12M) (7.22M) (5.96M)
EPS (Basic) (0.03) (0.06) (0.02) (0.12) (0.09)
Basic Shares Outstanding 52.39M 57.06M 59.75M 62.44M 64.66M
EPS (Diluted) (0.03) (0.05) (0.02) (0.12) (0.09)
Diluted Shares Outstanding 52.39M 65.15M 59.75M 62.44M 65.66M
EBITDA (1.4M) (2.67M) (3.22M) (6.38M) (6.11M)
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