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Lion Brewery (Ceylon) PLC Annual Report 2011 - Carson and ...

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63<br />

Income Statement<br />

For the year ended 31st March <strong>2011</strong> 2010<br />

In USD ‘000s<br />

Note<br />

Revenue 2 99,570 68,299<br />

Cost of sales (67,012) (45,924)<br />

Gross profit 32,558 22,375<br />

Other income 130 23<br />

32,688 22,398<br />

Distribution expenses (12,295) (10,146)<br />

Administrative expenses (3,506) (3,027)<br />

Other expenses (1,343) (1,697)<br />

Profit from operations 15,544 7,528<br />

Finance expenses (1,384) (2,071)<br />

Profit before taxation 14,160 5,457<br />

Income tax (expenses) / release (5,191) 67<br />

Profit for the period 8,969 5,524<br />

Figures in brackets indicate deductions.

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