Cordlife Group Limited
Annual Report 2016
51
Consolidated Statement
of Comprehensive Income
for the financial year ended 30 June 2016
Note
2016
2015
$’000
$’000
Revenue
4
59,627
57,583
Cost of sales
(20,166)
(17,560)
Gross profit
39,461
40,023
Other operating income
5
981
773
Selling and marketing expenses
(19,012)
(17,657)
Administrative expenses
(19,767)
(17,254)
Finance income
6
1,531
409
Finance costs
7
(267)
(185)
Profit before income tax from operations
2,927
6,109
Share of results of associate
(76)
(436)
Impairment loss on investment in associate
11
–
(2,646)
Fair value (loss)/gain on investment properties
13
(220)
265
Fair value changes on financial asset designated at fair value through
profit or loss
4,548
10,364
Fair value changes on derivative asset
17
2,519
12,922
Exchange differences
6,014
4,653
Gain on sale of financial asset designated at fair value through profit or loss
15
151
–
Gain on sale of convertible note
17
5,012
–
Remeasurement loss on previously held equity interest in subsidiary
34
(1,594)
–
Note repurchase expense
29
(2,025)
–
Other expenses
(2,409)
–
Finance income
6
3,815
6,634
Finance costs
7
(5,322)
(4,597)
Profit before income tax
8
13,340
33,268
Income tax
9
(760)
(1,143)
Profit for the year
12,580
32,125
Other comprehensive income:
Item that may be reclassified subsequently to profit or loss
Foreign currency translation
(399)
(80)
Share of foreign currency translation of associate
(180)
(310)
Other comprehensive loss for the year, net of tax
(579)
(390)
Total comprehensive income for the year
12,001
31,735
Profit/(loss) for the year attributable to:
Owners of the Company
12,329
32,460
Non-controlling interests
251
(335)
12,580
32,125
Total comprehensive income/(loss) for the year attributable to:
Owners of the Company
11,686
32,013
Non-controlling interests
315
(278)
12,001
31,735
Earnings per share (cents per share):
Basic
10
4.75
12.48
Diluted
10
4.75
12.47
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
