Annual Report 2007 - The Lion Group
Annual Report 2007 - The Lion Group
Annual Report 2007 - The Lion Group
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AMSTEEL CORPORATION BERHAD<br />
(Incorporated in Malaysia)<br />
COMPANY INCOME STATEMENT<br />
FOR THE FINANCIAL YEAR ENDED 30 JUNE <strong>2007</strong><br />
Note <strong>2007</strong> 2006 <strong>2007</strong><br />
RM’000 RM’000 USD’000<br />
Revenue 7 176,079 189,102 51,008<br />
Other operating income 137,712 73,382 39,893<br />
Employee benefits expense 8 (454) (624) (131)<br />
Depreciation (94) (128) (27)<br />
Other operating expenses (740,505) (5,335) (214,515)<br />
(Loss)/Profit from operations 9 (427,262) 256,397 (123,772)<br />
Impairment losses 10 (55,679) (62,350) (16,129)<br />
Finance costs 11 (153,295) (160,359) (44,408)<br />
(Loss)/Profit before taxation (636,236) 33,688 (184,309)<br />
Taxation 12 (5,900) (5,228) (1,709)<br />
Net (loss)/profit for the financial year (642,136) 28,460 (186,018)<br />
<strong>The</strong> accompanying notes form an integral part of the financial statements.<br />
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