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Velatel Global Communications (VELA) Annual Income Statement

Annual · GAAP · USD millions
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This income statement overview for Velatel Global Communications spans from to Dec 31 2013, showing how the company's revenues, expenses, and earnings have changed across reporting periods.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2013)
2013 		(Dec 31 2012) (Dec 31 2009)
Revenues
Total Revenue1.93
Costs & Expenses
Cost of Goods and Services Sold1.24
Gross Profit0.69
Selling, Administration, Marketing6.33
Depreciation & Amortization0.09
Research and Development Expense, Software (Excluding Acquired in Process Cost)0.00
Restructuring, Accretion & Impairment Charges0.00
Other Operating Expense / -Income6.39
Total operating costs including COS14.05
Operating income / -loss-12.12
Interest Expense2.38
Net Interest (-)Expense / Income-2.38
Extinguishment of Debt-9.12
Impairment Of Investments-6.39
Foreign Currency Transaction Gain (Loss), before Tax0.00
Unexpected (Gain) Loss0.86
Other loss / -income21.70
Total costs & expenses24.00
Income & Taxes
Income / -loss before income taxes-22.07
Income after income taxes-22.07
Net income / -loss of other equity-0.17
Income / -loss from continuing operations-22.25
Discontinued operations4.20
Non-controlling interests-0.17
Net income / -loss-18.05
Income / -loss to shareholder-17.88
EBIT-19.70
EBITD-18.96
EBITDA-17.81
Earnings Per Share
Basic EPS (excl. extra items)-0.05
Extraordinary items0.01
Basic Net EPS-0.04
Basic shares outstanding (Mill. of Units)482.02
Diluted Net EPS-0.04
Diluted average shares (Mill. of Units)482.02
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About VELA Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.