CAHYA MATA SARAWAK ANNUAL REPORT 2016

www.cmsb .com.my Cahya Mata Sarawak Berhad 90 Section 07 Financial Statements STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the financial year ended 31 December 2016 Group Company Note 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Revenue 4 1,551,319 1,788,008 109,053 86,415 Cost of sales (1,192,743) (1,374,266) (30,070) (25,681) Gross profit 358,576 413,742 78,983 60,734 Other items of income Interest income 5 4,753 2,005 - - Other income 6 39,705 20,157 1,336 11,950 Other items of expense Administrative expenses (52,295) (70,474) (19,042) (41,931) Selling expenses (13,712) (13,215) - - Finance costs 7 (10,600) (1,066) (237) (30) Other expenses (12,394) (8,460) (29,463) - Share of results of associates (35,169) 34,430 - - Share of results of joint ventures 23,275 11,477 - - Profit before tax 8 302,139 388,596 31,577 30,723 Income tax expense 11 (84,828) (83,996) (1,272) (848) Profit net of tax 217,311 304,600 30,305 29,875 Other comprehensive income Other comprehensive income that will be reclassified to profit or loss in subsequent periods: Foreign currency translation, net of tax 1 30 - - Share of other comprehensive income of associates, net of tax 58,236 265 - - Share of other comprehensive income of a joint venture, net of tax 280 275 - - Other comprehensive income for the year, net of tax 58,517 570 - - Total comprehensive income for the year 275,828 305,170 30,305 29,875