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2009 Annual Report - Rompetrol.com

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In<strong>com</strong>e Statement (USD )<br />

<strong>2009</strong> 2008<br />

Continuing operations<br />

Revenue 4,690,365,403 6,753,721,798<br />

Cost of sales (4,325,153,184) (6,284,162,490)<br />

Gross profit 365,212,219 469,559,308<br />

Selling and distribution expenses (255,270,343) (239,521,248)<br />

General and administrative expenses (187,245,867) (239,296,435)<br />

Other operating revenues/(expenses),net 12,531,511 (62,281,427)<br />

Operating loss (64,772,480) (71,539,802)<br />

Finance costs (105,549,235) (177,233,615)<br />

Finance in<strong>com</strong>e 11,243,992 5,432,413<br />

Net foreign exchange gains/(losses) 3,742,502 (40,142,993)<br />

Share in profits/(losses) of associates 631,142 (711,165)<br />

Loss before in<strong>com</strong>e tax (154,704,079) (284,195,162)<br />

In<strong>com</strong>e tax (7,057,471) (11,847,798)<br />

Net loss for the year (161,761,550) (296,042,960)<br />

Attributable to:<br />

Equity holders of the parent (120,347,988) (226,978,307)<br />

Minority interests (41,413,562) (69,064,653)<br />

Net loss for the year (161,761,550) (296,042,960)<br />

Statement of Comprehensive In<strong>com</strong>e (USD )<br />

<strong>2009</strong> 2008<br />

Net loss for the year (161,761,550) (296,042,960)<br />

Other <strong>com</strong>prehensive in<strong>com</strong>e<br />

Exchange differences on translation of foreign operations (659,571) 89,293<br />

Other <strong>com</strong>prehensive in<strong>com</strong>e/(loss) for the year, net of tax (659,571) 89,293<br />

Total <strong>com</strong>prehensive in<strong>com</strong>e/(loss) for the year, net of tax (162,421,121) (295,953,667)<br />

Attributable to:<br />

Equity holders of the parent (121,007,559) (226,889,014)<br />

Minority interests (41,413,562) (69,064,653)<br />

Total <strong>com</strong>prehensive loss for the year, net of tax (162,421,121) (295,953,667)<br />

The abbreviated financial information is derived from the Consolidated Financial Statements as of and for the year ended 31 st December <strong>2009</strong> and should<br />

be read in conjunction with these audited Consolidated Financial Statements. On the full consolidated financial statements an unqualified audit opinion<br />

was issued.<br />

<strong>2009</strong> <strong>Annual</strong> <strong>Report</strong> 65

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