Page 97 - HRC_Annual_Report_2023

Financial Reports &
Governance HENGYUAN REFINING COMPANY BERHAD l ANNUAL REPORT 2023 95
Other Information

STATEMENT OF COMPREHENSIVE INCOME
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

Note 2023 2022
RM’000 RM’000
Revenue 6 15,399,240 21,142,293
Purchases (15,543,169) (20,797,408)
(143,929) 344,885
Other income 7 25,318 41,011
Manufacturing expenses (196,313) (183,642)
Administrative expenses (66,112) (76,031)
Depreciation and amortisation (143,906) (112,998)
Other operating gains/(losses) 138,857 (351,518)
Finance cost 8 (113,875) (56,089)
Loss before taxation 9 (499,960) (394,382)
Taxation 10 11,390 236,742

Loss for the financial year (488,570) (157,640)

Other comprehensive income/(expenses):
Items that will be reclassified to profit or loss:
Cash flow hedge reserve - net fair value gain/(loss) on derivatives (net of tax) 531,923 (552,055)

Cost of hedging reserve (net of tax) (14,584) 61,522
517,339 (490,533)
Total comprehensive income/(expenses) for the financial year 28,769 (648,173)

Loss per share (sen) - basic/diluted 11 (163) (53)

The accompanying notes to the financial statements form an integral part of these financial statements.