Download - ABN Newswire
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Bounty Oil & Gas N.L. Annual Report – 2011<br />
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME<br />
For Year Ended 30 June, 2011<br />
Consolidated<br />
Note 2011 2010<br />
$ $<br />
Revenue from continuing operations 3 1,741,563 659,148<br />
Investment income 3 1,533,290 974,795<br />
Other income 3 187,683 170,537<br />
Direct petroleum operating expenses (1,260,130) (142,624)<br />
Changes in inventories 74,797 -<br />
Employee benefits expense 4 (662,649) (980,658)<br />
Depreciation and amortisation expense (196,484) (461,497)<br />
Rehabilitation expense (147,087) -<br />
Occupancy expenses (97,149) (88,049)<br />
Corporate activity costs (258,668) (252,968)<br />
Finance costs (2,647) -<br />
Impairment of exploration expenditure (454,033) (500,000)<br />
Exploration costs expensed (45,289) (332,372)<br />
Fair value unrealised profit/(loss) on foreign currency (55,867) -<br />
General, legal and professional costs (317,793) (282,184)<br />
Other expenses (290,745) (389,433)<br />
(Loss) from continuing operations before income tax<br />
expense (251,208) (1,625,305)<br />
Income tax expense relating to continuing operations 5 - -<br />
Net (loss) attributable to members of the company (251,208) (1,625,305)<br />
Earnings per share<br />
From continuing and discontinued operations<br />
- Basic (cents per share) (0.03) (0.25)<br />
The statement of financial performance is to be read in conjunction with the accompanying notes.<br />
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