Ares Statements
AR
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
755
100
345
45.7
410
54.3
—
0
11
1.5
11
1.5
399
52.8
-36
-4.8
—
0
363
48.1
41
5.4
322
42.6
0.523
616
701
100
359
51.2
342
48.8
—
0
10
1.4
10
1.4
332
47.4
138
19.7
—
0
456
65
7
1
449
64.1
0.76
591
707
100
344
48.7
363
51.3
—
0
9
1.3
9
1.3
354
50.1
68
9.6
—
0
422
59.7
9
1.3
413
58.4
0.699
596
655
100
351
53.6
304
46.4
—
0
12
1.8
12
1.8
292
44.6
211
32.2
—
0
503
76.8
3
0.5
500
76.3
0.87
582
634
100
303
47.8
331
52.2
—
0
11
1.7
11
1.7
320
50.5
17
2.7
—
0
337
53.2
6
0.9
331
52.2
0.59
567
618
100
288
46.6
330
53.4
—
0
10
1.6
10
1.6
320
51.8
-40
-6.5
—
0
280
45.3
2
0.3
278
45
0.51
555
640
100
264
41.3
376
58.8
—
0
9
1.4
9
1.4
367
57.3
-175
-27.3
—
0
192
30
18
2.8
174
27.2
0.33
536
537
100
224
41.7
313
58.3
—
0
11
2
11
2
302
56.2
-184
-34.3
—
0
118
22
14
2.6
104
19.4
0.21
523
479
100
204
42.6
275
57.4
—
0
8
1.7
8
1.7
267
55.7
-146
-30.5
—
0
121
25.3
10
2.1
111
23.2
0.22
514
440
100
219
49.8
221
50.2
—
0
10
2.3
10
2.3
211
48
61
13.9
—
0
224
50.9
13
3
211
48
0.43
500
529
100
269
50.9
260
49.1
—
0
10
1.9
10
1.9
250
47.3
140
26.5
—
0
390
73.7
8
1.5
382
72.2
0.83
461
442
100
242
54.8
200
45.2
—
0
11
2.5
11
2.5
189
42.8
150
33.9
—
0
339
76.7
5
1.1
334
75.6
0.74
453
459
100
268
58.4
191
41.6
—
0
9
2
9
2
182
39.7
307
66.9
—
0
489
106.5
11
2.4
478
104.1
1.09
440
390
100
232
59.5
158
40.5
—
0
9
2.3
9
2.3
149
38.2
272
69.7
—
0
378
96.9
5
1.3
373
95.6
0.87
429
440
100
195
44.3
245
55.7
—
0
9
2
9
2
236
53.6
149
33.9
—
0
385
87.5
7
1.6
378
85.9
0.9
421
352
100
172
48.9
180
51.1
—
0
10
2.8
10
2.8
170
48.3
275
78.1
—
0
445
126.4
4
1.1
441
125.3
1.04
423
350
100
170
48.6
180
51.4
—
0
10
2.9
10
2.9
170
48.6
112
32
—
0
282
80.6
5
1.4
277
79.1
0.65
423
369
100
123
33.3
246
66.7
—
0
9
2.4
9
2.4
237
64.2
-846
-229.3
—
0
-609
-165.04
3
0.8
-612
-165.9
-1.42
430
386
100
184
47.7
202
52.3
—
0
9
2.3
9
2.3
193
50
14
3.6
—
0
207
53.6
3
0.8
204
52.8
0.47
430
387
100
169
43.7
218
56.3
—
0
11
2.8
1
0.3
217
56.1
-37
-9.6
—
0
180
46.5
5
1.3
175
45.2
0.41
427
382
100
167
43.7
215
56.3
—
0
13
3.4
3
0.8
212
55.5
-8
-2.09
—
0
204
53.4
4
1
200
52.4
0.47
426
373
100
166
44.5
207
55.5
—
0
12
3.2
2
0.5
205
55
13
3.5
—
0
218
58.4
4
1.1
214
57.4
0.5
426
345
100
141
40.9
204
59.1
—
0
9
2.6
-1
-0.3
205
59.4
-50
-14.5
—
0
155
44.9
2
0.6
153
44.3
0.36
426
342
100
153
44.7
189
55.3
—
0
8
2.3
-2
-0.6
191
55.8
24
7
—
0
215
62.9
6
1.8
209
61.1
0.49
426
333
100
164
49.2
169
50.8
—
0
11
3.3
1
0.3
168
50.5
92
27.6
—
0
260
78.1
6
1.8
254
76.3
0.6
426
317
100
164
51.7
153
48.3
—
0
14
4.4
4
1.3
149
47
98
30.9
—
0
247
77.9
5
1.6
242
76.3
0.57
426
307
158
149
—
14
4
145
92
—
237
5
232
0.55
425
294
132
162
—
14
4
158
-14
—
144
5
139
0.33
426
284
139
145
—
24
14
131
58
—
185
7
178
0.42
426
275
142
133
—
37
37
96
24
—
120
2
118
0.28
422
260
99.2
160.8
—
14.3
14.3
146.5
-63.5
—
83
8.2
74.8
0.24
313.8
258.7
104.8
153.9
—
12.6
12.6
141.3
-27.5
—
113.8
3.6
110.2
0.35
314
245.3
119.1
126.1
—
16.9
16.9
109.3
52.1
—
161.4
4
157.4
0.5
314
248.1
117.9
130.2
—
12.2
12.2
117.9
18.8
—
136.7
5.2
131.5
0.42
314.3
261.7
93.2
168.5
—
10.7
10.6
157.9
-125.8
—
25.4
10.7
14.7
0.05
314.5
260.9
119.1
141.8
—
10.5
10.5
131.4
-13.6
—
117.7
0.9
116.9
0.37
314.5
249.5
126.1
123.4
—
12.3
12.3
111.1
38
—
149.1
2.6
146.5
0.47
314.5
253.2
117.6
135.6
—
10.4
10.5
125.2
-17.3
—
104.1
3.5
100.6
0.32
314.1
270.9
129.1
141.8
—
11.1
11.1
130.7
25.2
—
155.9
2.5
153.4
0.49
314.2
253.4
131.2
122.2
—
9.4
9.4
112.8
72.4
—
185.3
7.5
177.7
0.57
310.6
224.9
119.6
105.3
—
10.4
10.4
94.9
50.8
—
145.8
2.9
142.8
0.48
298.3
239.7
111.8
127.9
—
10.2
10.2
117.7
4.7
—
122.4
5.4
117
0.39
298.2
233.7
110.2
123.5
—
9.6
9.6
113.9
22.4
—
136.3
2.4
133.9
0.47
284.4
246.8
107.1
139.7
—
9.5
9.5
130.2
14.6
—
144.8
4
140.8
0.52
268.3
206.1
98.5
107.6
—
10.1
10.1
97.5
39.9
—
137.4
3.9
133.5
0.5
266.2
195.1
82.7
112.4
—
9.5
9.5
102.9
-18.8
—
84.1
3.8
80.3
0.32
248.7
212.2
106.4
105.8
—
7.8
7.8
98
80.7
—
178.7
3.5
175.1
0.722
242.4