FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
42
CONSOLIDATED INCOME STATEMENT
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
Note
2015
$’000
2014
$’000
Revenue
5
439,380
472,737
Cost of sales
(372,053)
(406,768)
Gross profit
67,327
65,969
Other income
6
6,814
5,538
Selling and distribution expenses
(11,163)
(12,630)
Administrative and general expenses
(38,958)
(39,874)
Other operating expenses
(1,989)
(1,197)
Interest income
214
293
Finance costs
8
(1,545)
(1,589)
Profit before income tax and exceptional items
20,700
16,510
Exceptional items
9
(5,975)
(714)
Profit before income tax
14,725
15,796
Income tax expense
10
(5,122)
(4,715)
Profit for the year
7(a)
9,603
11,081
Profit attributable to:
Equity holders of the Company
9,221
11,358
Non-controlling interests
382
(277)
9,603
11,081
Earnings per share
Attributable to the equity holders of the Company
(cents per share)
11
Basic
2.28
2.82
Diluted
2.27
2.78
See accompanying notes to financial statements.
