Page 24 - Board of Directors Orientation

FINANCIALS

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

2020 2019
Contract revenue $1,113,926,351 $1,105,790,175
Design and management fees 65,780,357 73,599,166
Other revenue 519,040 164,726
Total revenues 1,180,225,748 1,179,554,067
Cost of revenues 1,124,626,620 1,118,949,287
Gross profit 55,599,128 60,604,780
General and administrative expenses (36,448,763) (39,512,383)
Depreciation and amortization (10,246,138) (9,491,218)
Interest income, net 921,453 68,503
Gain on sale of subsidiary/division 6,973,221 3,112,728
Other income (expense), net 818,661 (230,898)
(37,981,566) (46,053,268)

C O N S O LI D A TE D S T A TE M E NT S O F E Q U I T Y
CONSOLIDATED STATEMENTS OF EQUITY

Additional Paid
Shares Common Stock in Capital Retained Earnings
Balances, January 1, 2019 282,582 $282,582 $48,558,896 $30,408,073
Net income - - - 9,872,631
Stock issued 17,020 17,020 7,785,134 -
Stock redeemed (26,571) (26,571) (2,247,006) (8,957,628)
Share based compensation - - - -
ESOP share allocation - - 389,426 -
Other - - - -
Foreign currency translation adjustment - - - -
Balances, December 31, 2019 273,031 273,031 54,486,450 31,323,076
Net income - - - 13,083,267
Stock issued 5,850 5,850 2,565,050 -
Stock redeemed (16,225) (16,225) (4,866,931) (3,443,937)
Share based compensation - - - -
ESOP share allocation - - 656,453 -
Distributions - - - (2,731,755)
Balances, December 31, 2020 262,656 $262,656 $52,841,022 $38,230,651

22 Haskell | 2021 Board of Directors Orientation