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CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE

for the year ended 31 December 2008

    2008     2007  
    US$000     US$000  
  Foreign currency translation differences for foreign          
  operations 219     (17)  
  Income and expense recognised directly in equity 219     (17)  
             
  Loss for the year (22,574)     (14,336)  
             
  Total recognised income and expense for the year (22,355)     (14,353)