XML 34 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net revenue $ 126,161,270 $ 52,819,786 $ 38,372,551
Cost of revenue 66,458,217 26,501,853 19,888,461
Gross profit 59,703,053 26,317,933 18,484,090
Operating expenses:      
Film participation expenses 321,100 696,101 1,244,848
Sales and marketing 18,506,262 7,213,519 8,887,971
General and administrative 28,371,497 9,305,393 2,789,416
Total operating expenses 47,198,859 17,215,013 12,922,235
Government subsidies 220,559 88,147  
Operating income 12,724,753 9,191,067 5,561,855
Other income:      
Interest income from bank deposits 248,266 16,125 17,035
Interest income from loan to producer of TV series 141,545 856,788  
Interest expense (589,833) (409,599) (42,333)
Gain on extinguishment of liability   488,799  
Exchange (loss) gain 1,748,044 16,464 (120,469)
Other income 770,081 225,095  
Changes in fair value of warrants     119,451
Changes in fair value of derivatives   (14,528,000) 90,000
Income (loss) before income tax provision, and equity in earnings of affiliated companies, net of taxes 15,042,856 (4,143,261) 5,625,539
Provision for income taxes 473,542 91,053 338,647
Equity in earnings of affiliated companies, net of taxes 3,062 11,254 172,773
Net income (loss) 14,572,376 (4,223,060) 5,459,665
Less: Net (loss) income attributable to the noncontrolling interests 140,295 (131,686) (168,429)
Net income (loss) attributable to Bona Film Group Limited. 14,432,081 (4,091,374) 5,628,094
Net income (loss) attributable to holders of ordinary shares of Bona Film Group Limited 14,432,081 (6,241,520) 2,285,278
Net income (loss) per ordinary share      
Basic (in dollars per share) $ 0.49 $ (0.49) $ 0.27
Diluted (in dollars per share) $ 0.48 $ (0.49) $ 0.27
Weighted average shares used in calculating net income per ordinary share      
Basic (in shares) 29,353,936 12,758,575 8,453,842
Diluted (in shares) 29,844,462 12,758,575 8,518,402
Share-based compensation expenses      
Share-based compensation 3,647,144 447,345 132,902
Selling and marketing
     
Share-based compensation expenses      
Share-based compensation   40,418  
General and administrative
     
Share-based compensation expenses      
Share-based compensation 3,647,144 406,927 132,902
Series A convertible redeemable preferred shares
     
Other income:      
Deemed dividend on convertible redeemable preferred shares   1,053,766 973,399
Undistributed earnings allocated to holders of participating convertible redeemable preferred shares     1,570,096
Series B convertible redeemable preferred shares
     
Other income:      
Deemed dividend on convertible redeemable preferred shares   1,096,380 421,586
Undistributed earnings allocated to holders of participating convertible redeemable preferred shares     $ 377,735