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