CONSOLIDATED INCOME STATEMENT
for the year ended 31 December 2008
| |
|
Note |
|
2008 |
|
|
2007 |
|
| |
|
|
|
US$000 |
|
|
US$000 |
|
| |
Revenue |
3 |
|
8,023 |
|
|
1,617 |
|
| |
Cost of sales |
3 |
|
(4,432) |
|
|
(914) |
|
| |
Gross profit |
|
|
3,591 |
|
|
703 |
|
| |
|
|
|
|
|
|
|
|
| |
Administrative expenses |
|
|
(4,501) |
|
|
(7,708) |
|
| |
Other operating expenses |
4 |
|
(13,920) |
|
|
(9,261) |
|
| |
Exploration and evaluation expenses |
5 |
|
(19) |
|
|
(617) |
|
| |
(Loss) / profit on disposal of property, plant and |
|
|
|
|
|
|
|
| |
equipment |
5 |
|
(141) |
|
|
11 |
|
| |
Operating loss |
3 & 5 |
|
(14,990) |
|
|
(16,872) |
|
| |
|
|
|
|
|
|
|
|
| |
Net finance expense |
|
|
(496) |
|
|
(152) |
|
| |
Finance income |
8 |
|
275 |
|
|
540 |
|
| |
Finance expense |
8 |
|
(771) |
|
|
(692) |
|
| |
|
|
|
|
|
|
|
|
| |
Loss before taxation |
|
|
(15,486) |
|
|
(17,024) |
|
| |
Taxation |
9 |
|
(7,088) |
|
|
2,688 |
|
| |
Loss for the year |
|
|
(22,574) |
|
|
(14,336) |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
US cents |
|
|
US cents |
|
| |
Basic and diluted loss per share |
10 |
|
(63) |
|
|
(47) |
|
|
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