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BiotechCorp Annual Report 2007 - Malaysian Biotechnology ...

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<strong>Malaysian</strong> <strong>Biotechnology</strong> Corporation Sdn. Bhd.<br />

(Company No.691431-D) (Incorporated in Malaysia)<br />

Income statement for the year ended 31 December <strong>2007</strong><br />

Note <strong>2007</strong> 2006<br />

RM RM<br />

Other operating income 31,345,186 1,466,444<br />

Staff costs 11 (11,969,807) (7,179,087)<br />

Promotion and corporate communication expenses (10,295,024) (11,112,414)<br />

Administrative expenses (6,796,667) (6,643,469)<br />

Other operating expenses (820,634) (641,180)<br />

Profit/(Loss) before depreciation and interest expense 1,463,054 (24,109,706)<br />

Depreciation (1,085,878) (502,697)<br />

Operating profit/(loss) 377,176 (24,612,403)<br />

Interest expense (16,299) (13,680)<br />

Net profit/(loss) for the year 12 360,877 (24,626,083)<br />

The notes on pages 63 to 76 are an integral part of these financial statements.<br />

59

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