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 Dow Down0.00% Nasdaq Up0.33%

Formula Systems (1985) Ltd. (FORTY)

-NasdaqGS
29.48 Down 0.51(1.70%) 3:26PM EDT - Nasdaq Real Time Price
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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2012Dec 31, 2011Dec 31, 2010
Total Revenue 744,731   640,617   549,694  
Cost of Revenue564,803  492,886  412,463  
Gross Profit 179,928   147,731   137,231  
Operating Expenses
Research Development12,349  5,148  5,503  
Selling General and Administrative110,584  93,133  84,741  
Non Recurring -   -   -  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss 56,995   49,450   46,987  
Income from Continuing Operations
Total Other Income/Expenses Net -   -   -  
Earnings Before Interest And Taxes56,995  49,450  46,987  
Interest Expense6,672  6,500  4,371  
Income Before Tax50,323  42,950  42,616  
Income Tax Expense6,583  5,689  6,544  
Minority Interest(23,454)(20,169)(16,623)
Net Income From Continuing Ops24,030  42,962  18,379  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 24,030   42,962   18,379  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 24,030   42,962   18,379  

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