Apr 27, 2010
VARIANCE BETWEEN AUDITED AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2009
General Announcement
Reference No BI-100427-51705
Company Name
:
B.I.G. INDUSTRIES BERHAD
Stock Name
:
BIG
Date Announced
:
27/04/2010
Type
:
Announcement
Subject
:
VARIANCE BETWEEN AUDITED AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2009
Contents
:
This announcement is made in accordance with Paragraph 9.19(34) of the Bursa Malaysia Securities Berhad’s Listing Requirements.

The Board of Directors of the Company wishes to announce that there is a variance of RM 777,419 or 12.25% between the audited loss after taxation and minority interest of RM7,124,646 and the unaudited loss after taxation and minority interest of RM 6,347,227 for the financial year ended 31 December 2009. The differences was mainly attributable to adjustments made relating to inclusion of expenses inadvertently omitted and originating and reversal of temporary timing differences of deferred taxation and revenue not taken up.

The reconciliation of the variance is tabulated in the tables section.

Announcement Details :
RM ‘000
Unaudited loss after taxation and minority interest as per announcement on 24 February 2010 (6,347)
Revenue undertaken up 673
Expenses inadvertently omitted (750)
Originating and reversal of temporary differences of deffered taxation (700)
Audited loss after taxation and minority interest (7,124)


This announcement is dated 27 April 2010