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    Formula Systems (1985) Ltd. (FORTY)

    -NasdaqGS
    22.02 Up 0.02(0.09%) Dec 19, 2:07PM EST
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
    Total Revenue 796,674   744,731   640,617  
    Cost of Revenue603,080  564,803  492,886  
    Gross Profit 193,594   179,928   147,731  
    Operating Expenses
    Research Development14,168  12,349  5,148  
    Selling General and Administrative117,891  110,584  93,133  
    Non Recurring -   -   -  
    Others -   -   -  
    Total Operating Expenses -   -   -  
    Operating Income or Loss 61,535   56,995   49,450  
    Income from Continuing Operations
    Total Other Income/Expenses Net -   -   -  
    Earnings Before Interest And Taxes61,535  56,995  49,450  
    Interest Expense6,236  6,672  6,500  
    Income Before Tax55,299  50,323  42,950  
    Income Tax Expense8,926  6,583  5,689  
    Minority Interest(26,071)(23,454)(20,169)
    Net Income From Continuing Ops80,985  24,030  42,962  
    Non-recurring Events
    Discontinued Operations -   -   -  
    Extraordinary Items -   -   -  
    Effect Of Accounting Changes -   -   -  
    Other Items -   -   -  
    Net Income 80,985   24,030   42,962  
    Preferred Stock And Other Adjustments -   -   -  
    Net Income Applicable To Common Shares 80,985   24,030   42,962  

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    Currency in USD.