Apr 27, 2010 VARIANCE BETWEEN AUDITED AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2009 - B.I.G Industries Berhad 199001003718 (195285-D)

November 24, 20152010By admin_bigind

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)