Wellcom_FY11-Financial-Report

Operations 2010 000 2520 32 351 2903 a storm in

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Unformatted text preview: posal of property, plant & equipment Insurance recovery (refer to note 3(d)) Other 25,339 434 76 103 22 635 Revenue from discontinued operations 54,623 - (a) Revenue Revenue from continuing operations 2010 $’000 (2,520) (32) (351) (2,903) A storm in Melbourne in March 2010 damaged the building leased by the digital printing division of the Group and resulted in equipment and inventories stored in the building being destroyed and a subsequent impairment charge of $351k in the prior year. An insurance recovery of $102,759 (2010: $1,519,879) has been recognised as other income (refer to note 3(b)). (e) Finance costs Interest on commercial bills Other interest expense Other finance costs (146) (7) (153) (2,613) (2,613) (h) Bad and doubtful debts (h 43 (5) (9) (g) Net foreign exchange (losses)/gains (2,564) (2,564) (105) (f) Rental expenses relating to operating lease Minimum lease payments (14) (181) (195) (33) Wellcom Group Limited Notes to the Consolidated Financial Statements 4. Income taxes 2011 $’000 2010 $’000 3,889 3,088 (933) 25 2,981 (256) (71) 2,761 2,981 2,981 2,761 2,761 (466) (467) (933) (79) (177) (256) 12,127 477 12,604 3,781 10,421 2 10,423 3,127 17 (44) 49 (175) (31) 25 (41) (727) 127 2,981 14 (60) 51 (10) (71) (450) 160 2,761 For personal use only (a) Income tax recognised in profit or loss Tax expense comprises: Current income tax expense Deferred income tax income relating to the origination and reversal of temporary differences Current income...
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