|
For the Year Ended December 31, 2009
| |
|
|
|
U.S. $ 000'S |
| |
|
Notes |
|
2009 |
|
2008 |
| Operating income |
|
24 |
|
139,7 02 |
|
109,517 |
| Cost of goods sold |
|
24 |
|
(96,156) |
|
(74,281) |
| Operating expenses |
|
24 |
|
(16,217) |
|
(7,991) |
| |
|
|
|
27,329 |
|
27,245 |
| Gain from investment portfolio |
|
25 |
|
50,889 |
|
- |
| Finance revenues |
|
26 |
|
3,305 |
|
7,059 |
| Gain from sale of property, plant & equipment |
|
|
|
- |
|
3,865 |
| Recovery of litigations and other contingencies |
|
22 |
|
- |
|
51,150 |
| Recovery of doubtful loans |
|
11 |
|
9,000 |
|
10,553 |
| Gain on sale of an impaired investment |
|
|
|
- |
|
2,678 |
| Gain from business combination of subsidiaries |
|
4 |
|
3,423 |
|
- |
| Other revenues |
|
|
|
3,479 |
|
2,547 |
| Currency exchange gain |
|
|
|
326 |
|
1,146 |
| |
|
|
|
97,751 |
|
106,243 |
| Share of joint ventures losses |
|
10 |
|
(2,087) |
|
- |
| Share of losses of associates |
|
9 |
|
(13,558) |
|
(5,426) |
| Loss from investment portfolio |
|
25 |
|
- |
|
(26,594) |
| Investment department expenses |
|
27 |
|
(4,507) |
|
(4,597) |
| Depreciation and amortization |
|
|
|
(956) |
|
(560) |
| Loss from sale of property, plant & equipment |
|
|
|
(67) |
|
- |
| General and administrative expenses |
|
28 |
|
(8,921) |
|
(7,174) |
| Finance costs |
|
|
|
(2,250) |
|
(776) |
| Donations |
|
|
|
(1,370) |
|
(1,716) |
| Provision for doubtful accounts and advances |
|
29 |
|
(1,204) |
|
(1,098) |
| Provision for litigations and other contingencies |
|
22 |
|
(989) |
|
- |
| Profit for the year |
|
|
|
61,842 |
|
58,302 |
| Shareholder |
|
|
|
61,480 |
|
58,225 |
| Non-controlling interests |
|
|
|
362 |
|
77 |
| Profit for the year |
|
|
|
61,842 |
|
58,302 |
| Basic and diluted earnings per share attributable to shareholder |
|
30 |
|
0.11 |
|
0.10 |
The attached notes 1 to 37 form part of these consolidated financial statements. |
