e & m computing (EMCO:Tel Aviv)

Financial Statements for e & m computing (EMCO)

Currency in Millions of Israeli Shekels	As of:	Dec 31 2009 Reclassified ILS	Dec 31 2010 Restated ILS	Dec 31 2011 Reclassified ILS	Dec 31 2012 ILS	4 Year Trend
Revenues		277.8	393.2	496.0	568.0
TOTAL REVENUES		277.8	393.2	496.0	568.0
Cost of Goods Sold		220.6	322.5	396.4	462.7
GROSS PROFIT		57.1	70.7	99.5	105.3
Selling General & Admin Expenses, Total		44.4	56.9	67.6	72.2
Other Operating Expenses		--	--	0.0	0.0
OTHER OPERATING EXPENSES, TOTAL		44.4	56.9	67.6	72.2
OPERATING INCOME		12.7	13.8	31.9	33.0
Interest Expense		-0.4	-1.2	-2.2	-2.0
Interest and Investment Income		0.4	0.3	0.2	0.2
Other Non-Operating Expenses, Total		-0.4	-1.5	1.9	-1.7
Other Non-Operating Income (Expenses)		0.3	-0.1	0.3	-0.8
Impairment of Goodwill		--	--	-0.5	--
Gain (Loss) on Sale of Investments		-3.0	0.5	-3.8	-0.3
Gain (Loss) on Sale of Assets		0.2	0.3	0.0	-0.5
Other Unusual Items, Total		0.5	1.0	0.6	0.4
EBT, INCLUDING UNUSUAL ITEMS		10.0	13.2	28.1	29.2
Income Tax Expense		2.8	3.0	8.7	8.3
Minority Interest in Earnings		-0.2	-1.2	-0.7	-0.9
Earnings from Continuing Operations		7.2	10.2	19.4	20.8
NET INCOME		7.0	9.0	18.7	19.9
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		7.0	9.0	18.7	19.9
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		7.0	9.0	18.7	19.9

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