Income Statement
| Padaeng Industry Public Company Limited and
Subsidiaries |
|
|
| Statements
of income |
|
|
|
|
| For
the years ended 31 December 2001 and 2000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated |
|
|
|
|
2001 |
|
2000 |
|
|
|
|
Baht |
|
Baht |
| Revenues |
|
|
|
|
|
| Sales |
|
|
|
5,197,360,469 |
|
5,309,374,809 |
| Interest
income |
|
|
4,974,577 |
|
4,349,266 |
| Adjustment to the
provision for guarantee |
|
|
|
| of a subsidiary |
|
|
- |
|
- |
| Gain
on exchange rate |
|
4,632,567 |
|
- |
| Other
incomes |
|
|
15,052,586 |
|
1,727,946 |
| Total
revenues |
|
|
5,222,020,199 |
|
5,315,452,021 |
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
| Cost
of sales |
|
|
4,391,469,733 |
|
4,217,143,871 |
| Restoration
expense |
|
|
- |
|
6,972,808 |
| Selling
and administrative expenses |
398,607,848 |
|
448,023,887 |
| Loss
on exchange rate |
|
- |
|
166,072,043 |
| Early
retirement plan expense |
|
- |
|
32,892,322 |
| Stock
revaluation loss |
|
34,941,451 |
|
21,670,000 |
| Investment
impairment loss |
|
10,010,000 |
|
4,441,626 |
| Asset
impairment loss |
|
103,111,785 |
|
17,357,148 |
| Withholding
tax expense |
|
- |
|
11,165,906 |
| Interest
expenses |
|
|
92,910,905 |
|
233,677,748 |
| Directors'
remuneration |
|
4,157,970 |
|
3,554,603 |
| Share
of loss from subsidiaries |
|
- |
|
- |
| Other
expenses |
|
|
1,042,926 |
|
5,155,782 |
| Total
expenses |
|
|
5,036,252,618 |
|
5,168,127,744 |
|
|
|
|
|
|
|
| Profit
before minority interest, |
|
|
|
|
|
gain from deconsolidation of |
|
|
|
|
subsidiary and the result of
operations |
|
|
|
|
of a subsidiary which ceased its |
|
|
|
|
operations |
|
185,767,581 |
|
147,324,277 |
| Share
of profit in subsidiaries |
|
|
|
|
|
to minority interest |
|
(857,625) |
|
(893,435) |
| Profit before gain from
deconsolidation |
|
|
|
|
of subsidiary and the result of |
|
|
|
|
operations
of a subsidiary |
|
|
|
|
which
ceased its operations |
184,909,956 |
|
146,430,842 |
| Gain from deconsolidation of |
|
|
|
|
|
subsidiary |
|
|
150,868,077 |
|
- |
| Net income of a subsidiary |
|
|
|
|
|
which ceased its operations |
- |
|
64,560,480 |
| Income
before tax |
|
|
335,778,033 |
|
210,991,322 |
| Income tax |
|
|
(478,594) |
|
- |
| Net profit for the year |
|
335,299,439 |
|
210,991,322 |
|
|
|
|
|
|
|
| Basic earnings per share |
|
|
|
|
| Profit before minority interest |
|
1.49 |
|
1.28 |
|
Share of profit insubsidiary to |
|
|
|
|
minority interest |
|
(0.01) |
|
(0.01) |
|
Net profit for the year |
1.48 |
|
1.27 |
|
|
|
|
|
|
|
|