Crucial 2012 Annual Report Download - page 243

INOTERA MEMORIES, INC.
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2009, 2010 and 2011
(Expressed in thousands of New Taiwan Dollars, except for loss per share)
For the years ended December 31,
2009 2010 2011
Operating revenues
Sales revenue $ 36,107,257 41,455,431 37,392,381
Sales returns (3,219)(1,410)(7,148)
Sales allowances (452)(2)(92)
Net operating revenues (note 20) 36,103,586 41,454,019 37,385,141
Cost of goods sold (notes 6, 9, 15, 17 and 20) (44,742,915)(48,856,906)(55,547,973)
Gross loss (8,639,329)(7,402,887)(18,162,832)
Operating expenses (note 17):
Administrative and general expenses (320,472)(333,070)(306,191)
Research and development expenses (note 10) (681,033)(1,477,893)(1,400,804)
Total operating expenses (1,001,505)(1,810,963)(1,706,995)
Operating loss (9,640,834)(9,213,850)(19,869,827)
Non-operating income and gains:
Interest income (notes 7 and 20) 74,001 32,232 44,329
Gain on disposal of fixed assets (note 20) — 30,771 90,726
Foreign exchange gain, net — 111,990 384,454
Gain on valuation of financial assets (note 5) — 2,713 —
Others (notes 7, 9 and 20) 131,916 38,413 24,372
Total non-operating income and gains 205,917 216,119 543,881
Non-operating expenses and losses:
Interest expenses (notes 8, 9 and 20) (1,622,682)(1,305,063)(1,644,361)
Foreign exchange loss, net (86,988) — —
Impairment loss (note 8) (1,098)(236,763) —
Loss on valuation of financial assets (note 5) (80,091) — —
Loss on valuation of financial liabilities (note 5) (229,677)(91,439)(5,975)
Others (21,474)(30,316)(26,886)
Total non-operating expenses and losses (2,042,010)(1,663,581)(1,677,222)
Loss before income tax (11,476,927)(10,661,312)(21,003,168)
Income tax expense (note 16) ———
Net loss $ (11,476,927)(10,661,312)(21,003,168)
Basic loss per share (note 18)
Before tax $(3.19)(2.34)(4.53)
After tax $(3.19)(2.34)(4.53)
See accompanying notes to financial statements.