Onassis Holdings Corp. (ONSS)

[genlou]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE (LOSS) INCOME
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2011 AND 2010
(Currency expressed in United States Dollars (“US$”), except for number of shares)
(Unaudited)
Three months
ended September 30,
2011
2010
Revenues, net
3,723,870
-
Operating expenses:
Voyage expense
-
Nine months
ended September 30,
2011
2010
2,997,243
11,422,869
-
-
-
-
9,466,849
-
-
1,587,150 1,309,557 5,212,483 5,024,366
Vessel operating expense 254,674 760,511 1,331,945 1,707,000
Rental expense 780,945 243,919 1,686,299 1,220,400
Selling, general and administrative 270,352 253,079 959,561 844,505
-
Total operating expenses
2,893,121
-
Income from operations
830,749
-
2,567,066
-
9,190,288
-
430,177
-
2,232,581
-
8,796,271
-
670,578
-
Other income (expense):
- - -
- - - -
Other income - - -
Interest income 26 14 65
Interest expense
(126,054)
-
Income (loss) before income taxes
704,721
-
Income tax (expense) credit (88,090)
NET (LOSS) INCOME 616,631
-
(355,415)
(751,942)
-
74,776
-
1,480,704
-
(88,326)
-
(121,862)
-
(13,550)
-
1,358,842
9,651
64
(1,120,396)
-
(440,103)
-
(109,880)
-
(549,983)
-
Other comprehensive loss:
Foreign currency translation loss
- - -
- - - -
(70,735)
-
COMPREHENSIVE (LOSS) INCOME
545,896
(330,966)
(85,293)
-
(344,516)
-
1,273,549
(639,540)
-
(1,189,523)
-
Weighted average common stock outstanding –
Basic and diluted
- -
- - - -
-
Net (loss) income per share – Basic and diluted
- - - -
419,112,094
234,344,444
315,505,039
219,100,000
T