Ituran location & control ltd. (ITRN)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Location-based services

169,752

141,940

127,683

133,692

126,951

114,565

120,410

108,101

91,574

Wireless communications products

64,884

57,634

47,945

48,435

43,216

35,753

39,757

39,724

29,807

Total revenues

234,636

199,574

175,628

182,127

170,167

150,318

160,167

147,825

121,381

Cost of revenues:
Location-based services

56,572

48,916

46,823

46,852

44,850

44,974

49,731

42,137

33,377

Wireless communications products

58,680

48,627

38,924

38,142

36,015

29,786

29,758

33,037

27,445

Total cost of revenues

115,252

97,543

85,747

84,994

80,865

74,760

79,489

75,174

60,822

Gross profit

119,384

102,031

89,881

97,133

89,302

75,558

80,678

72,651

60,559

Research and development expenses

3,160

2,895

2,401

2,526

2,414

2,066

1,877

481

372

Selling and marketing expenses

12,246

10,074

9,303

9,264

9,715

8,489

8,543

8,675

7,684

General and administrative expenses

47,590

40,228

37,801

38,617

34,483

33,439

34,984

31,671

27,213

Other expenses (income), net

147

-836

268

-856

-4,760

-1,617

-8,691

-1,156

-

Other expenses, net (Note 14)

-

-

-

-

-

-

-

-

908

Operating income

56,535

47,998

40,644

45,870

37,930

29,947

26,583

30,668

24,382

Other (expenses) income, net

-

-

-

-

-166

6,755

-819

-14,745

-

Financing income, net

-989

2,056

1,189

1,704

238

987

2,100

-

-

Financing income, net (Note 15)

-

-

-

-

-

-

-

139

-

Financing income, net (Note 15)

-

-

-

-

-

-

-

-

1,604

Income before income tax

55,546

50,054

41,833

47,574

38,002

37,689

27,864

16,062

25,986

Income tax expenses

17,705

14,877

12,822

14,246

12,447

11,690

5,655

6,286

7,139

Share in gains of affiliated companies, net

8,520

-449

-2,439

-421

-1

-39

-23

-3

13

Net income for the period

46,361

34,728

26,572

32,907

25,554

25,960

22,186

9,773

18,860

Less: Net income attributable to non-controlling interests

2,567

2,589

1,601

2,478

1,792

1,080

908

1,071

668

Net income attributable to the Company

43,794

32,139

24,971

30,429

23,762

-

-

-

18,192

Net income attributable to the Company

-

-

-

-

-

24,880

21,278

-8,702

-

Basic and diluted earnings per share attributable to Company's stockholders

2.09

1.53

1.19

1.45

1.13

1.19

1.01

0.42

0.87

Basic and diluted weighted average number of shares outstanding (in thousands)

20,968

20,968

20,968

20

20

20

20

-

-

Basic

-

-

-

-

-

-

-

20,968

20,968

Diluted

-

-

-

-

-

-

-

20,968

20,977