Previous Page  26 / 36 Next Page
Information
Show Menu
Previous Page 26 / 36 Next Page
Page Background

OURROADTOGROWTH

Historical Perspective

From FY 2011 to FY 2014, our Operating Results Before Depreciation increased almost 10 times

driven largely by program revenue.

Our Financial Challenge:

Each year we begin with a deficit based on our overwhelming

capital needs.

Operating Results Before Depreciation

Results After Depreciation

FY 2011

$40,929

$(315,018)

$(274,089)

FY 2012

$152,426

$(370,270)

$(217,844)

FY 2013

$248,683

$(376,369)

$(127,686)

FY 2014

$389,308

$(386,534)

$2,774

FY 2011

$40,929

Operating Net

$152,426

Operating Net

+372%

+163%

+157%

$248,683

Operating Net

$389,308

Operating Net

FY 2012

FY 2013

FY 2014

Operating Net

Depreciation

Net of Depreciation