42
ANNUAL REPORT 2015/2016
(In Singapore dollars)
Note
2016
$’000
2015
$’000
Revenue
3
221,788
295,640
Cost of sales
(167,059)
(202,976)
Gross profit
54,729
92,664
Other income
4
4,693
1,280
Staff costs
(36,890)
(46,227)
Other operating expenses
(42,956)
(35,108)
(Loss)/Profit from operating activities
5
(20,424)
12,609
Finance costs
6
(2,063)
(2,405)
Share of results of a joint venture company
14
(285)
(1,027)
(Loss)/Profit before taxation
(22,772)
9,177
Taxation
7
3,391
(3,703)
(Loss)/Profit for the financial year, net of tax
(19,381)
5,474
Other comprehensive loss:
Items that may be reclassified subsequently to profit or loss:
Exchange difference on translation of subsidiaries
(2,463)
(7,035)
Net gain on hedge of net investment in foreign operation
360
3,540
Net fair value gain/(loss) on derivatives
307
(76)
Other comprehensive loss for the financial year, net of tax
(1,796)
(3,571)
Total comprehensive (loss)/income for the financial year
(21,177)
1,903
(Loss)/Profit for the financial year attributable to:
Owners of the Company
(18,467)
5,021
Non-controlling interests
(914)
453
(19,381)
5,474
Total comprehensive (loss)/income attributable to:
Owners of the Company
(20,150)
1,902
Non-controlling interests
(1,027)
1
(21,177)
1,903
(Losses)/Earnings per share attributable to owners of the Company
– Basic
8 (11.97) cents
3.27 cents
– Diluted
8 (11.97) cents
3.26 cents
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
CONSOLIDATED
STATEMENT OF COMPREHENSIVE INCOME
For the financial year ended 31 March 2016
