White Energy Company Limited (ASX:WEC) Annual Report 2011



The latest annual report of White Energy Company Limited (WEC) was published on 30 Jun 2011. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - WEC Annual Results

Amounts in AUD

Total Revenue
$1.11M
Gross Profit
$30.00K
EBIT
$-3.26M
Net Tangible Assets
$-2.21M
Net Income
$3.37M
Capital Expenditures
-

WEC Income Statement 2011 Annual Report

As per the latest Income Statement of WEC, the Net revenue decreased by $-3.62M (-77%) compared to the previous period. The operating income in 2011 increased by - (-). The net income as per the annual report was $3.37M which increased by $34.44M (111%) compared to previous year.

Income Statement Report (2011/2010)

2011 2010
Total Revenue $1.11M $4.72M
Gross Profit $30.00K $30.00K
Operating Income - -
Income Before Tax - -
Net Income $3.37M $-31.07M

Balance Sheet - WEC 2011 Annual Report

Read further: WEC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of White Energy Company Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of WEC on the balance sheet were at $-2.21M which is $0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2011/2010)

2011 2010
Cash $3.15M $3.15M
Total Assets - -
Long Term Debt - -
Total Liabilities $55.55M $55.55M
Total Shareholder Equity - -
Net Tangible Assets $-2.21M $-2.21M

Cash Flow Statement - WEC 2011 Annual Report

The 2011 annual cash flow statement of White Energy Company Limited showed that the net income increased by $34.44M (111%) compared to previous reporting period. Also the capital expenditure of WEC increased by - (-).

As of 2011, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2011/2010)

2011 2010
Net Income $3.37M $-31.07M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

White Energy Company Limited Annual Report History

Income Statement

Income Statement history of White Energy Company Limited (ASX:WEC)

30 Jun 2011 30 Jun 2010
Total Revenue $1.11M $4.72M
Cost Of Revenue $0.00 $0.00
Gross Profit $0.00 $0.00
Research Development - -
Selling General Administrative - -
Non Recurring - -
Other Operating Expenses - -
Total Operating Expenses $0.00 $0.00
Operating Income - -
Total Other Income Expense Net - -
Ebit $0.00 $0.00
Interest Expense - -
Income Before Tax - -
Income Tax Expense $0.00 $0.00
Minority Interest - -
Net Income From Continuing Ops - -
Discontinued Operations - -
Extraordinary Items - -
Effect Of Accounting Charges - -
Other Items - -
Net Income $3.37M $-31.07M
Net Income Applicable To Common Shares - -

Balance Sheet Statement

Balance Sheet Statement history of White Energy Company Limited (ASX:WEC)

30 Jun 2011 30 Jun 2010
Cash $3.15M $3.15M
Total Assets - -
Total Liab $55.55M $55.55M
Long Term Debt - -
Total Stockholder Equity - -
Net Tangible Assets $-2.21M $-2.21M

Cash Flow Statement

Cash Flow Statement history of White Energy Company Limited (ASX:WEC)

30 Jun 2011 30 Jun 2010
Net Income $3.37M $-31.07M
Capital Expenditures - -
Dividends Paid - -
Total Cashflows From Investing Activities - -
Total Cash From Financing Activities - -