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Thursday, July 5, 2007, 5:21AM ET - U.S. Markets open in 4 hours and 9 minutes. Dow Up 0.31% Nasdaq  0.00%
Morgan Stanley (MS)On Jul 3: 73.22   0.00 (0.00%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING28-Feb-0730-Nov-0631-Aug-0631-May-06
Total Revenue24,678,000  19,473,000  19,897,000  19,062,000  
Cost of Revenue860,000  1,061,000  2,492,000   -  
Gross Profit23,818,000  18,412,000  17,405,000  19,062,000  
Operating Expenses
Research Development -   -   -   -  
Selling General and Administrative6,274,000  4,695,000  2,806,000  5,768,000  
Non Recurring -   -   -   -  
Others195,000  239,000  232,000  130,000  
Total Operating Expenses -   -   -   -  
Operating Income or Loss17,349,000  13,478,000  14,367,000  13,164,000  
Income from Continuing Operations
Total Other Income/Expenses Net -   -   -   -  
Earnings Before Interest And Taxes17,349,000  9,975,000  14,367,000  13,164,000  
Interest Expense13,485,000  10,609,000  11,859,000  9,988,000  
Income Before Tax3,864,000  (634,000)2,508,000  3,176,000  
Income Tax Expense1,261,000  609,000  758,000  1,124,000  
Minority Interest -   -   -   -  
Net Income From Continuing Ops2,559,000  2,206,000  1,748,000  1,949,000  
Non-recurring Events
Discontinued Operations113,000   -   -  8,000  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income2,672,000  2,206,000  1,748,000  1,957,000  
Preferred Stock And Other Adjustments(17,000)(19,000) -   -  
Net Income Applicable To Common Shares$2,655,000  $2,187,000  $1,748,000  $1,957,000  

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