TWO - Two Harbors Investment Corp.

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201812/31/201712/31/201612/31/2015
Total Revenue315,898518,711550,893717,975
Cost of Revenue61,13635,28938,27136,999
Gross Profit254,762483,422512,622680,976
Operating Expenses
Research Development----
Selling General and Administrative30,27240,47239,26149,116
Non Recurring----
Others125,216138,993132,636151,948
Total Operating Expenses223,424220,954217,668242,463
Operating Income or Loss92,474297,757333,225475,512
Income from Continuing Operations
Total Other Income/Expenses Net-94,941--2,990-
Earnings Before Interest and Taxes----
Interest Expense----
Income Before Tax-2,467297,757330,235475,512
Income Tax Expense41,823-10,48212,314-16,560
Minority Interest----
Net Income From Continuing Ops-44,290308,239317,921492,072
Non-recurring Events
Discontinued Operations-40,33235,357138
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income-44,290348,571353,278492,210
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares-109,685323,449353,278492,210