| Income Statement for Huaneng Power International In |
| (Amounts are in millions) |
|
12/2008 |
|
12/2007 |
|
12/2006 |
|
|
 |
|
|
|
|
| Net Sales or Revenues |
|
$9,885.55 |
|
$6,813.22 |
|
$5,673.33 |
| Cost of Goods Sold |
|
$8,398.91 |
|
$4,395.91 |
|
$3,432.30 |
|
|
|
|
|
|
|
| Gross Profit |
|
$1,486.64 |
|
$2,417.30 |
|
$2,241.03 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$541.04 |
|
$343.50 |
|
$284.55 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$945.60 |
|
$2,073.80 |
|
$1,956.48 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$1,129.36 |
|
$989.23 |
|
$860.47 |
| Non-Operating Income |
|
$77.42 |
|
$209.33 |
|
$134.38 |
| Interest Expense |
|
$594.73 |
|
$291.88 |
|
$203.75 |
|
|
|
|
|
|
|
| Pretax Income |
|
($701.07) |
|
$1,002.01 |
|
$1,026.64 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($35.07) |
|
$114.76 |
|
$144.41 |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
($665.99) |
|
$887.25 |
|
$882.23 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
($665.99) |
|
$887.25 |
|
$882.23 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
($2.00) |
|
$2.80 |
|
$2.40 |
| Diluted Earnings Per Share |
|
($2.00) |
|
$2.80 |
|
$2.40 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
288.00 |
|
301.24 |
|
367.60 |
| Weighted Average Diluted Shares Outstanding |
|
288.00 |
|
301.24 |
|
367.60 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
($576.00) |
|
$843.46 |
|
$882.23 |
| Income From Non-Recurring Items |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
($2.00) |
|
$2.80 |
|
$2.40 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$506.48 |
|
$436.50 |
|
N/A |
| Dividend Per Share (common) |
|
$1.68 |
|
$1.45 |
|
$1.25 |
|
