nanning baling technology -a
(002592:Shenzhen)

Financial Statements for nanning baling technology -a (002592)

Currency in Millions of Chinese Renminbi (Yuan)s	As of:	Dec 31 2009 Reclassified CNY	Dec 31 2010 Restated CNY	Dec 31 2011 CNY	Dec 31 2012 Press Release CNY	4 Year Trend
Revenues		357.6	425.6	438.9	547.6
TOTAL REVENUES		357.6	465.4	502.6	547.6
Cost of Goods Sold		262.6	348.5	377.8	462.2
GROSS PROFIT		95.0	117.0	124.8	85.4
Selling General & Admin Expenses, Total		35.6	41.4	42.8	--
Other Operating Expenses		2.9	2.7	3.0	--
OTHER OPERATING EXPENSES, TOTAL		38.5	44.2	45.8	--
OPERATING INCOME		56.5	72.8	78.9	85.4
Interest Expense		-6.0	-4.4	-5.5	--
Interest and Investment Income		4.5	5.2	5.6	--
Other Non-Operating Expenses, Total		-0.4	-0.3	-0.1	4.7
Other Non-Operating Income (Expenses)		-0.4	-0.3	-0.1	4.7
Gain (Loss) on Sale of Assets		--	0.0	0.6	--
Other Unusual Items, Total		1.4	2.7	6.6	--
EBT, INCLUDING UNUSUAL ITEMS		56.1	76.0	86.1	90.1
Income Tax Expense		3.0	3.1	7.4	3.5
Earnings from Continuing Operations		53.1	72.9	78.7	86.6
NET INCOME		53.1	72.9	78.7	86.6
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		53.1	72.9	78.7	86.6
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		53.1	72.9	78.7	86.6

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