Consolidated income statement

Note 2010
$'000s
2009
$'000s
CONTINUING OPERATIONS
Revenue 2 323,374 157,148
Cost of sales
Impairment 3,13 (48,575)
Other cost of sales 3 (272,184 ) (123,749)
Total cost of sales 3 (320,759) (123,749)
Gross profit 2,615 33,399
Exploration Expenses:
Exploration costs written off 12 (91,336) (5,860)
Pre-licence exploration expenses (4,532) (5,510)
Total exploration expenses (95,868) (11,370)
Administration expenses (12,707) (8,850)
Operating (loss)/profit 6 (105,960) 13,179
Interest revenue 7 399 531
Finance costs 8 (15,523) (4,411)
Other financial gains/(losses) 9 7,431 (12,258)
Loss before tax (113,653) (2,959)
Taxation:
Current Tax 10 (71,564) (23,895)
Deferred Tax: 10 15,699 13,323
Total taxation   (55,865) (10,572)
Loss for the year (and total comprehensive loss) (169,518) (13,531)
 
  Note $’s $’s
Loss per ordinary share
Basic and diluted 11 (1.10) (0.09)

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