CERX | Colombia Energy Resources, Inc. Annual & Quarterly

Annual Income Statements

(In USD)

Breakdown	2011	2010	2009	2008	2007	2006
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	10.01 Million	1.93 Million	14.81 Thousand	33.15 Thousand	14.33 Thousand	14.2 Thousand
Selling, General and Administrative Expenses	10.01 Million	1.93 Million	14.81 Thousand	33.15 Thousand	14.33 Thousand	14.2 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	10.01 Million	1.93 Million	14.81 Thousand	33.15 Thousand	14.33 Thousand	14.2 Thousand
Operating Income	-10.01 Million	-1.93 Million	-14.81 Thousand	-33.15 Thousand	-14.33 Thousand	-14.2 Thousand
Interest Expense	2.24 Million	533.87 Thousand	9288.00	7276.00	6033.00	4148.00
Income Tax Expense	2.24 Million	-	-	-	-	-
Earnings before Tax	-12.95 Million	-2.21 Million	-24.1 Thousand	-40.42 Thousand	-20.36 Thousand	-18.35 Thousand
Net Income	-12.95 Million	-2.21 Million	-24.1 Thousand	-40.42 Thousand	-20.36 Thousand	-18.35 Thousand
Earnings Per Share Basic	-4.14	-0.94	-0.17	-0.29	-0.16	-0.14
Earnings Per Share Diluted	-4.14	-0.94	-0.17	-0.29	-0.16	-0.14
Weighted Average Shares Outstanding	3.13 Million	2.36 Million	140 Thousand	140 Thousand	130 Thousand	130 Thousand
Weighted Average Shares Outstanding (Diluted)	3.13 Million	2.36 Million	140 Thousand	140 Thousand	130 Thousand	130 Thousand
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-10.65 Million	-1.67 Million	-14.81 Thousand	-33.15 Thousand	-14.33 Thousand	-14.2 Thousand
Earnings Before Tax Margin	-	-	-	-	-	-

Breakdown	2012 Q3	2012 Q2	2012 Q1	2011 FY	2011 Q4	2011 Q3
Revenue	219.04 Thousand	823.00	-	-	-	-
Cost of Revenue	165.85 Thousand	1086.00	-	-	-	-
Gross Profit	53.19 Thousand	-263.00	-	-	-	-
Operating Expenses	3.73 Million	3.44 Million	3.29 Million	10.01 Million	2.94 Million	2.97 Million
Selling, General and Administrative Expenses	3.73 Million	3.44 Million	3.29 Million	-	2.94 Million	2.97 Million
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	3.89 Million	3.44 Million	3.29 Million	10.01 Million	2.94 Million	2.97 Million
Operating Income	-3.67 Million	-3.44 Million	-3.29 Million	-10.01 Million	-2.94 Million	-2.97 Million
Interest Expense	-	314.1 Thousand	-	2.24 Million	84.28 Thousand	68.91 Thousand
Income Tax Expense	-186.43 Thousand	155.49 Thousand	-251.01 Thousand	2.24 Million	84.28 Thousand	68.91 Thousand
Earnings before Tax	-3.55 Million	-3.58 Million	-3.14 Million	-12.95 Million	-3.03 Million	-3.06 Million
Net Income	-3.36 Million	-3.42 Million	-3.04 Million	-12.95 Million	-3.03 Million	-3.06 Million
Earnings Per Share Basic	-1.05	-1.07	-0.96	-	-	-0.98
Earnings Per Share Diluted	-1.05	-1.07	-0.96	-	-	-0.98
Weighted Average Shares Outstanding	3.21 Million	3.18 Million	3.15 Million	3.13 Million	-	3.12 Million
Weighted Average Shares Outstanding (Diluted)	3.21 Million	3.18 Million	3.15 Million	3.13 Million	-	3.12 Million
Gross Margin	0.24	-0.32	-	-	-	-
EBIT Margin	-16.49	-4066.26	-	-	-	-
Profit Margin	-15.38	-4160.08	-	-	-	-
EBITDA	-3.61 Million	-3.34 Million	-3.26 Million	-	-2.91 Million	-2.95 Million
Earnings Before Tax Margin	-16.80	-4190.96	-	-	-	-