Page 50 - ar2011

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48
TRANS
FORM
ATION
Note
2011
2010
$’000
$’000
Revenue
Tin mining and smelting revenue
1,270,719
1,159,286
Hotel revenue
157,840
146,675
Property revenue
3
82,104
52,760
Total revenue
1,510,663
1,358,721
Other items of income
Dividend income
4(a)
4,611
5,082
Interest income
4(b)
6,100
3,581
Fair value changes in investment properties
14
56,146
101,925
Other income
5
10,212
13,263
1,587,732
1,482,572
Other items of expense
Employee benefits expense
6
(101,387)
(100,158)
Depreciation expense
13
(21,309)
(22,649)
Amortisation expense
15
(12,377)
(5,583)
Impairment losses
7
(21,964)
(91,080)
Costs of tin mining and smelting
(1,153,821)
(1,053,649)
Finance costs
8
(18,243)
(23,881)
Other expenses
9
(189,836)
(163,478)
Total expenses
(1,518,937)
(1,460,478)
Share of results of equity-accounted associates and joint ventures
10,451
1,778
Profit before tax
10
79,246
23,872
Income tax expense
11
(23,853)
(17,155)
Profit after tax
55,393
6,717
Profit/(Loss) attributable to:
Owners of the Company
45,621
28,169
Non-controlling interests
9,772
(21,452)
55,393
6,717
Earnings per share (cents per share)
12
Basic
14.0
8.6
Diluted
14.0
8.6
CONSOLIDATED INCOME STATEMENT
For the Financial Year Ended 31 December 2011
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.