Saturday, April 30, 2016

The 3 Fort Wayne, IN Area Publicly-Held Companies Total Audited Earnings Were Just Crushed in 2015, Driven Mainly By Steel Dynamics ..... Total Audited Losses Were $43 Mil in 2015 as Compared With Total Audited Earnings of $204 Mil in 2014, $307 Mil in 2013, $298 Mil in 2012 and $392 Mil in 2011 ..... The Republican and Democratic Political Establishments Did Not Execute in Creating a Favorable Economic Environment Which Would Have Permitted Fort Wayne Area Companies, Their Employees and Their Families To Thrive Economically in 2015

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and each of earlier Years of 2011-2014 for each of the 3 Publicly-Held Fort Wayne, Indiana HQed Companies:




 Annual   Annual   Annual   Annual   Annual 




2015 2014 2013 2012 2011




Net Net Net Net Net


Most Income Income Income Income Income
City State Recent (Loss) (Loss) (Loss) (Loss) (Loss)
HQs HQs FYE  $ mils  $ mils  $ mils  $ mils  $ mils









Fort Wayne Area Companies







Steel Dynamics Inc Fort Wayne IN Dec 15        (145)            92          164          142          266
Vera Bradley Inc Roanoke IN Jan 16            28            41            60            72            62
Franklin Electric Co Fort Wayne IN Dec 15            74            71            83            84            64









Total all 3 Fort Wayne Area Companies


         (43)          204          307          298          392









2015 Total Earnings Deterioration From:







……….2014


       (247)



……….2013


       (350)



……….2012


       (341)



……….2011


       (435)