FY 2012 Annual Report - Orascom Development
FY 2012 Annual Report - Orascom Development
FY 2012 Annual Report - Orascom Development
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F-3 <strong>Orascom</strong> <strong>Development</strong> <strong>2012</strong> <strong>Annual</strong> <strong>Report</strong> F-4<br />
<strong>Orascom</strong> <strong>Development</strong> Holding AG<br />
Consolidated statement of comprehensive income for the year ended 31 December <strong>2012</strong><br />
CHF Notes <strong>2012</strong> 2011<br />
CONTINUING OPERATIONS<br />
Revenue 6/7 271,900,850 253,761,623<br />
Cost of sales 7.2 (250,592,124) (234,103,253)<br />
GROSS PROFIT 21,308,726 19,658,370<br />
Investment income 9 5,638,592 11,844,621<br />
Other gains and losses 10 (33,254,281) (13,224,071)<br />
Administrative expenses 8 (76,221,769) (81,434,322)<br />
Finance costs 11 (8,925,935) (8,122,655)<br />
Share of losses of associates 20 (907,733) (4,980,563)<br />
(LOSS)BEFORE TAX (92,362,400) (76,258,620)<br />
Income tax expense 13 (10,073,093) (35,619)<br />
LOSS FOR THE YEAR FROM CONTINUING<br />
OPERATIONS<br />
DISCONTINUED OPERATIONS<br />
Gain/(loss) for the year from discontinued<br />
operations<br />
(102,435,493) (76,294,239)<br />
14 1,080,814 (140,881)<br />
LOSS FOR THE YEAR (101,354,679) (76,435,120)<br />
<strong>Orascom</strong> <strong>Development</strong> Holding AG<br />
Consolidated statement of comprehensive income for the year ended 31 December <strong>2012</strong><br />
CHF Notes <strong>2012</strong> 2011<br />
Earnings per share from continuing and<br />
discontinued operations<br />
Basic 15 (3.41) (2.46)<br />
Diluted 15 (3.41) (2.46)<br />
Earnings per share from continuing operations<br />
Basic 15 (3.45) (2.46)<br />
Diluted 15 (3.45) (2.46)<br />
Samih Sawiris Gerhard Niesslein Ahmed El Shamy<br />
Chairman Group CEO Group CFO<br />
Other comprehensive income, net of income tax<br />
Exchange differences arising on translation of foreign<br />
operations<br />
Net gain on hedging instruments entered into for cash<br />
flow hedges<br />
Gain/(loss) on revaluation of financial assets at<br />
FVTOCI<br />
Total other comprehensive income for the year, net<br />
of tax<br />
(40,803,196) (21,212,198)<br />
562,076 701,004<br />
17,245,804 (34,749,698)<br />
(22,995,316) (55,260,892)<br />
Total comprehensive income for the year (124,349,995) (131,696,012)<br />
(Loss) attributable to:<br />
Owners of the Parent Company (97,207,864) (69,704,752)<br />
Non-controlling interests (4,146,815) (6,730,368)<br />
Total comprehensive income attributable to:<br />
(101,354,679) (76,435,120)<br />
Owners of the Parent Company (113,306,820) (121,370,862)<br />
Non-controlling interests (11,043,175) (10,325,150)<br />
(124,349,995) (131,696,012)<br />
F-3<br />
F-4
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