Page 30 - NZPM Annual Report 2017
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NZPM GROUP ANNUAL REPORT 2017
CONSOLIDATED STATEMENT OF FINANCIAL PERFORMANCE AND
OTHER COMPREHENSIVE INCOME
For the year ended 31 March 2017
2017 2016
Note
$’000 $’000
Continuing operations:
Revenue 200,474 183,380
Cost of sales (141,592) (129,900)
Gross profit 58,882 53,480
Other income 2 146 383
Depreciation and amortisation expenses 3 (1,891) (4,375)
Other operating expenses 3 (49,976) (47,769)
Profit before net financing costs, rebate dividends and dividends paid, 7,161 1,719
and taxation
Net financing costs 4 (441) (1,193)
Rebate dividends and dividends paid 5 (2,176) (2,770)
Profit/(loss) before taxation 4,544 (2,244)
Taxation expense 6 (2,237) (21)
Profit/(loss) for the year from continuing operations 2,307 (2,265)
Discontinued operations:
Loss for the year from discontinued operations 8 0 (4,392)
Profit/(loss) for the year 2,307 (6,657)
Other comprehensive income:
Items that may be reclassified subsequently to profit and loss:
Exchange differences on translation of foreign operations 0 4,271
Total other comprehensive income for the year, net of taxation 0 4,271
Total comprehensive income/(loss) for the year 2,307 (2,386)
The accompanying notes form part of and are to be read in conjunction with these financial statements.
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