Ares Statements
64
Ares Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
27.93
27.78
0.15
—
0.701
0.701
-0.551
-0.002
—
-0.553
—
-0.553
-0.001
513.18
35.508
100
34.954
98.4
0.554
1.6
—
0
1.127
3.2
1.127
3.2
-0.573
-1.6
-0.002
-0.006
—
0
-0.561
-1.6
0.054
0.2
-0.615
-1.7
-0.001
513.18
17.086
100
16.575
97
0.511
3
—
0
0.74
4.3
0.74
4.3
-0.229
-1.3
-0.004
-0.02
—
0
-0.214
-1.3
—
0
-0.214
-1.3
0
513.18
27.816
100
27.72
99.7
0.096
0.3
—
0
0.886
3.2
0.886
3.2
-0.79
-2.8
-0.036
-0.1
—
0
-0.799
-2.9
—
0
-0.799
-2.9
-0.002
513.18
73.74
100
73.428
99.6
0.312
0.4
—
0
0.934
1.3
0.934
1.3
-0.622
-0.8
-0.164
-0.2
—
0
-1.329
-1.8
—
0
-1.329
-1.8
-0.003
513.18
72.369
100
71.801
99.2
0.568
0.8
—
0
0.927
1.3
0.927
1.3
-0.359
-0.5
-0.157
-0.2
—
0
-1.845
-2.5
—
0
-1.845
-2.5
-0.004
513.18
45.137
100
44.836
99.3
0.301
0.7
—
0
0.579
1.3
0.579
1.3
-0.278
-0.6
-0.139
-0.3
—
0
-0.417
-0.9
—
0
-0.417
-0.9
-0.001
513.18
42.671
100
42.304
99.1
0.367
0.9
—
0
0.772
1.8
0.772
1.8
-0.405
-0.9
-0.192
-0.4
—
0
-0.597
-1.4
—
0
-0.597
-1.4
-0.002
338.09
57.202
100
56.295
98.4
0.907
1.6
—
0
0.619
1.1
0.619
1.1
0.288
0.5
-0.38
-0.7
—
0
-0.092
-0.2
—
0
-0.092
-0.2
0
351.76
74.059
100
73.718
99.5
0.341
0.5
—
0
1.051
1.4
1.051
1.4
-0.71
-1
-0.408
-0.6
—
0
-1.099
-1.5
—
0
-1.099
-1.5
-0.003
351.75
124.29
100
123.36
99.3
0.928
0.7
—
0
0.872
0.7
0.872
0.7
0.056
0.05
-0.433
-0.3
—
0
-0.377
-0.3
—
0
-0.377
-0.3
-0.001
351.75
127.94
100
127.57
99.7
0.371
0.3
—
0
1.284
1
1.284
1
-0.913
-0.7
-0.312
-0.2
—
0
-1.225
-1
—
0
-1.225
-1
-0.003
351.75
70.73
70.706
0.024
—
0.923
0.923
-0.899
-0.354
—
-1.253
—
-1.253
-0.004
351.75
155.5
153.9
1.7
—
1.2
0.6
1.1
-0.6
-0.6
0.5
—
0.5
—
342.1
98.8
97.8
1
—
1
1
0.1
-0.4
—
-0.3
—
-0.3
—
342.1
33.4
33.2
0.2
—
1.1
12.8
-12.5
—
—
-12.5
—
-12.5
-0.04
342.1
9.2
9.1
0.1
—
1
1
-0.9
—
—
-0.9
—
-0.9
—
342.1
50
49.2
0.7
—
2.1
2.2
-1.4
—
—
-1.3
—
-1.4
—
341.8
75.1
73.7
1.4
—
1.5
1.5
-0.1
—
—
-0.2
0.1
3
—
340.6
48.3
47.5
0.8
—
1.8
1.8
-1
—
—
-1
—
-1.4
—
340.6
60.7
59.8
0.9
—
1.6
1.6
-0.7
-6
—
-6.7
—
-6.8
-0.02
340.6
33.6
32.6
1.1
—
0.3
-2
3
1.1
0.1
4.1
—
0.4
0.01
340.6
11
11.3
-0.3
—
2.3
2.1
-2.4
—
-0.2
-4.7
—
-4.7
-0.01
340.6
-14.7
-14
-0.7
—
0.8
1
-1.7
—
0.2
-1.7
—
-1.7
—
340.6
14.7
14
0.7
—
0.7
0.5
0.2
—
-0.2
0.2
—
0.2
—
340.6
15.6
14.2
1.3
—
2.3
2.3
-0.9
0.1
-0.1
-0.8
—
-0.8
—
340.6
13.5
12.6
0.9
—
1.1
0.9
—
0.5
-0.1
1.6
—
1.6
—
340.6
9.1
9.1
—
—
1.4
1.3
-1.3
0.5
-0.1
-0.7
—
-0.7
—
340.6
8.9
8.1
0.8
—
1.3
1
-0.1
0.2
-0.5
3
—
3
0.01
340.6
23.8
21.3
2.6
—
1.6
-5.8
8.4
-6.1
0
-1.2
3
-4.2
-0.01
340.6
40.4
37.5
2.9
—
2.9
-4
6.9
0.5
—
4.5
—
4.5
0.01
340.6
38.7
39
-0.3
—
3.3
2.1
-2.4
-1
-1.2
-7.5
—
-7.5
-0.02
340.6
56
51.1
4.9
—
2.9
1.9
3
0.5
-0.9
3.5
—
3.5
0.01
340.6
45.5
40.9
4.6
—
2
0.6
4
0.2
-1.5
4.2
—
4.2
0.01
340.6
56.1
51.4
4.7
—
3.1
1.3
3.4
—
-1.7
3.4
—
3.4
0.01
340.6
46.2
43
3.2
—
3
0.6
2.7
-0.1
—
2.6
—
2.6
0.01
340.6
56
51.4
4.6
—
2.8
1.7
2.9
0.1
-1.2
3
—
3
0.01
340.6
58
53.6
4.4
—
3.1
2.1
2.2
—
-1
3.9
—
3.9
0.01
340.6
54.7
50.5
4.2
—
2.9
2.2
2
—
-0.7
2
—
2
0.01
340.6
51.7
47.7
4
—
3.1
2.4
1.6
—
-0.8
1.6
—
1.6
—
340.6
64.6
58.3
6.3
—
3.3
2.7
3.6
—
-0.7
3.6
—
3.6
0.01
340.6