Income Statement

 
 
Consolidated Income Statement

Year ended 31st December 2008
In thousands of USD

2008

2007

Continuing Operations  
   
Revenue

643,414

544,650

 

Cost of Sales

 

(555,773)


 

(476,490)


 

Gross profit

87,641


68,160


 

Administration expenses

(48,848)

(38,104)

Distribution and selling costs

(2,561)

(1,654)

Other operating income/(cost)

(4,086)


1,512


 

Operating profit before finance costs

32,146


29,914


 

Net finance income

3,994

3,234

Share of joint ventures' (loss)/profit

(118)


1,163


 

Profit before tax

36,022


34,311


 

Income taxation expense

(9,845)


(8,033)


 

Profit for the year from continuing operations

26,177


26,278


 

Loss on discontinued operations

-

(524)

Gain on disposal of discontinued operation

-


761


 

Profit for the year

26,177


26,515


 

Attributable to:

 

 

Equity holders of the parent

24,109

26,186

Minority Interests

2,068


329


 

Profit for the year

26,177


26,515


 

Basic and diluted earnings per share (US$cents)

 

 

From continuing and discontinued operations

21.00

22.81

 

From continuing operations

21.00

22.60