Download PDF - ChartNexus
Download PDF - ChartNexus
Download PDF - ChartNexus
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Income Statements<br />
For the financial year ended 31 December 2011<br />
Group Company<br />
2011 2010 2011 2010<br />
Note RM’000 RM’000 RM’000 RM’000<br />
Revenue<br />
Tin mining and smelting revenue 3,098,551 2,738,834 3,091,298 2,726,985<br />
Other items of income<br />
Dividend income 5 – – 41,410 5,473<br />
Interest income 6 12,967 6,374 15,143 9,171<br />
Other income/(loss) 7 2,372 17,977 (3,469) 8,033<br />
Expenses<br />
Employee benefits expense 8 (76,845) (74,890) (24,937) (23,913)<br />
Depreciation expense 15 (13,618) (16,466) (1,448) (1,092)<br />
Amortisation expense 16,17,21 (29,948) (13,192) – –<br />
Costs of tin mining and smelting (2,813,134) (2,513,695) (2,978,671) (2,649,046)<br />
Finance costs 9 (24,050) (22,366) (20,961) (18,564)<br />
Other expenses 10 (64,557) (50,943) (13,917) (17,612)<br />
Total expenses (3,022,152) (2,691,552) (3,039,934) (2,710,227)<br />
Share of results of associates and jointly<br />
controlled entity 24,692 4,382 – –<br />
Profit before exceptional losses 116,430 76,015 104,448 39,435<br />
Exceptional losses, net 11 (25,298) (154,478) (41,611) (135,457)<br />
Profit/(Loss) before tax 4 91,132 (78,463) 62,837 (96,022)<br />
Income tax expense 12 (34,476) (21,768) (24,235) (16,738)<br />
Profit/(Loss) net of tax 56,656 (100,231) 38,602 (112,760)<br />
Attributable to:<br />
Owners of the Company 60,523 (80,249) 38,602 (112,760)<br />
Non-controlling interests (3,867) (19,982) – –<br />
Earnings/(Loss) per share attributable to<br />
owners of the Company (sen per share)<br />
56,656 (100,231) 38,602 (112,760)<br />
- Basic and diluted 13 61.6 (107.0) – –<br />
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.<br />
MALAYSIA SMELTING CORPORATION (43072-A) • ANNUAL REPORT 2011 75