Prospectus - Kingsrose Mining
Prospectus - Kingsrose Mining
Prospectus - Kingsrose Mining
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Section 9<br />
Investigating Accountant’s Report<br />
shares in <strong>Kingsrose</strong> <strong>Mining</strong> Limited.<br />
APPENDIX 2<br />
INCOME STATEMENT<br />
FOR THE PERIOD 20 APRIL 2007 TO 31 AUGUST 2007<br />
Unaudited<br />
Proforma<br />
31 August 2007 Unaudited<br />
$ $<br />
Income<br />
Interest 7,016 7,016<br />
Insurance recovery 17,308 17,308<br />
Closing stock 611,602 611,602<br />
635,926 635,926<br />
Expenses<br />
Materials and consumables used (320,335) (320,335)<br />
Employee benefits expense (544,833) (544,833)<br />
Depreciation (154,672) (154,672)<br />
Contractors and consultants (107,467) (107,467)<br />
Finance costs (17,175) (17,175)<br />
Other expenses (226,967) (226,967)<br />
Profit/(loss) from ordinary activities before income tax expense (735,523) (735,523)<br />
Income tax expense relating to ordinary activities - -<br />
Profit/(loss) from ordinary activities after related income tax expense (735,523) (735,523)<br />
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