| In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| | 20-F | 20-F | 20-F | S-1/A | S-1/A | 20-F |
| Revenues: |
| Yunnan Province | | | | 8.8 | | |
| Sichuan Province | | | | 0.7 | | |
| Zhejiang Province | | | | 33.0 | | |
| Fujian Province | | | | 15.7 | | |
| Total revenues | 74.5 | 85.4 | 54.6 | 58.2 | 34.3 | 14.4 |
| Revenue growth | -12.7% | 56.4% | -6.1% | 69.4% | 138.5% | |
| Cost of goods sold | 0.0 | 0.0 | 31.3 | 0.0 | 0.0 | 0.0 |
| Gross profit | 74.5 | 85.4 | 23.3 | 58.2 | 34.3 | 14.4 |
| Gross margin | 100.0% | 100.0% | 42.6% | 100.0% | 100.0% | 100.0% |
| Selling, general and administrative [+] | 13.3 | 20.3 | 28.9 | 19.2 | 9.0 | 6.7 |
| General and administrative | 13.3 | 20.3 | 28.9 | 19.2 | 9.0 | 6.7 |
| Equity in earnings | | | | | -0.1 | |
| Other operating expenses | 35.4 | 35.8 | | 22.7 | 16.5 | 5.7 |
| EBITDA [+] | 48.3 | 51.9 | 16.6 | 32.3 | 20.7 | |
| EBITDA growth | -6.9% | 212.7% | -48.7% | 56.3% | 946.7% | |
| EBITDA margin | 64.8% | 60.7% | 30.4% | 55.6% | 60.3% | 13.7% |
| Depreciation | 22.2 | 22.4 | 22.0 | 15.8 | 11.6 | |
| EBITA | 26.1 | 29.4 | -5.4 | 16.5 | 9.0 | 2.0 |
| EBITA margin | 35.0% | 34.5% | -9.9% | 28.4% | 26.4% | 13.7% |
| Amortization of intangibles | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| EBIT [+] | 25.9 | 29.2 | -5.6 | 16.3 | 8.9 | 2.0 |
| EBIT growth | -11.4% | -621.0% | -134.4% | 84.3% | 348.5% | |
| EBIT margin | 34.8% | 34.2% | -10.3% | 28.1% | 25.8% | 13.7% |
| Non-recurring items [+] | 3.5 | | 23.0 | | | |
| Asset impairment | 3.5 | | 23.0 | | | |
| Interest expense, net [+] | 22.5 | 28.0 | 24.7 | 13.1 | 12.8 | 3.9 |
| Interest expense | 22.6 | 28.1 | 24.8 | 13.9 | 13.4 | 5.3 |
| Interest income | 0.1 | 0.1 | 0.1 | 0.8 | 0.5 | 1.3 |
| Other income (expense), net [+] | 1.1 | 0.1 | -0.2 | -0.3 | -14.1 | -1.0 |
| Gain (loss) on foreign currency transactions | 0.0 | 0.0 | -0.9 | -0.9 | 0.0 | |
| Other | 0.3 | 0.5 | -0.3 | 0.2 | -0.2 | 0.1 |
| Pre-tax income | 1.0 | 1.4 | -53.5 | 3.0 | -18.1 | -3.0 |
| Income taxes | 3.5 | 6.5 | 1.5 | 3.2 | 1.4 | 0.4 |
| Tax rate | 363.4% | 462.4% | | 108.5% | | |
| Minority interest | 0.3 | -0.1 | 9.9 | -0.2 | 0.0 | 0.0 |
| Earnings from continuing ops | -2.2 | -5.2 | -45.1 | -16.3 | -56.0 | -3.4 |
| Earnings from discontinued ops | | 3.9 | -0.3 | 4.2 | 0.1 | |
| Net income | -2.2 | -1.2 | -45.4 | -12.1 | -55.9 | -3.4 |
| Net margin | -3.0% | -1.5% | -83.1% | -20.8% | -162.8% | -23.5% |
| |
| Basic EPS [+] | ($0.01) | ($0.03) | ($0.29) | ($0.11) | ($3.60) | |
| Growth | -56.9% | -89.0% | 153.2% | -96.8% | | |
| Diluted EPS [+] | ($0.01) | ($0.03) | ($0.29) | ($0.11) | ($3.60) | |
| Growth | -56.9% | -89.0% | 153.2% | -96.8% | | |
| |
| Shares outstanding (basic) [+] | 162.1 | 162.0 | 156.5 | 143.3 | 15.5 | |
| Growth | 0.1% | 3.5% | 9.3% | 821.7% | | |
| Shares outstanding (diluted) [+] | 162.1 | 162.0 | 156.5 | 143.3 | 15.5 | |
| Growth | 0.1% | 3.5% | 9.3% | 821.7% | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |