By Kristin Jones

Eastman Kodak Co. (EKDKQ) said its full-year loss widened in 2012 compared with a year earlier, logging heavy restructuring charges during a bid to reorganize.

A judge last week approved changes to the company's bankruptcy-financing plan, giving it more flexibility of time and money as it seeks to emerge from bankruptcy in mid-2013. Kodak filed for Chapter 11 bankruptcy protection in January 2012.

For the full year, the company reported a net loss of $1.38 billion, compared with a loss of $764 million in 2012. The latest year's results included $1.07 billion in reorganization and restructuring charges, compared with $118 million a year earlier. Revenue decreased 20% to $4.11 billion, while overhead costs fell by $226 million.

The company ended 2012 with a cash balance of $1.14 billion.

Write to Kristin Jones at kristin.jones@dowjones.com

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