SENECA GLOBAL FUND, L.P. (SGFLP) [Rocket]

In millions, except per share items	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues	2.1	1.7	-7.0	-0.8	9.1	0.0	0.0	0.0
Revenue growth	23.3%	-124.0%	812.0%	-108.4%
Cost of goods sold	1.5	1.6	-5.4	-4.7	0.0	0.0	0.0	0.0
Gross profit	0.5	0.1	-1.5	3.9	9.1	0.0	0.0	0.0
Gross margin	26.3%	4.9%	22.2%	-512.9%	100.0%
Selling, general and administrative [+]	1.4	1.4	1.7	2.3	1.8
Sales and marketing				0.4	0.3
General and administrative [+]	1.4	1.4	1.7	1.9	1.6	0.0	0.0	0.0
General and administrative expenses	1.4	1.4	1.7	1.9	1.6
Professional fees	0.4	0.5	0.9	1.1	1.0
Other operating expenses	-0.8	-0.7	6.7	7.9	4.6
EBIT [+]	0.0	-0.6	-9.9	-6.3	2.7	0.0	0.0	0.0
EBIT growth	-105.5%	-93.5%	57.3%	-333.9%
EBIT margin	1.7%	-38.2%	141.7%	821.6%	29.5%
Non-recurring items [+]	0.1	0.1	0.6	-0.1	0.1
Unusual expense	0.1	0.1	0.6	-0.1	0.1
Interest income	0.2	0.3	0.6	0.5	0.1	0.1	0.0
Interest income	0.2	0.3	0.6	0.5	0.1	0.1	0.0
Other income (expense), net [+]						-0.1	0.0
Gain (loss) on investments	-0.1	-0.2	0.0	-0.7	0.0
Pre-tax income	0.1	-0.5	-9.9	-5.6	2.7	0.0	0.0	0.0
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	0.1	-0.5	-9.9	-5.6	2.7	0.0	0.0	0.0
Net margin	6.8%	-28.6%	141.4%	735.6%	29.5%

Basic EPS					$17.99
Diluted EPS					$17.99

Shares outstanding (basic)					0.1
Shares outstanding (diluted)					0.1

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.