80
COSCO Corporation (Singapore) Limited
Annual Report 2015
CONSOLIDATED
PROFIT OR LOSS
For the financial year ended 31 December 2015
The accompanying notes form an integral part of these financial statements.
Financial Statements
Note
2015
2014
$’000
$’000
Sales
4
3,519,773
4,260,705
Cost of sales
5
(3,734,558)
(3,969,664)
Gross (loss)/profit
(214,785)
291,041
Other income
7(a)
81,398
106,946
Other gains and losses
7(b)
(5,167)
5,036
Expenses
- Distribution
5
(73,176)
(84,182)
- Administrative
5
(522,541)
(173,696)
- Finance
8
(166,925)
(127,697)
Share of profit/(loss) of associated companies
19
30
(197)
(Loss)/profit before income tax
(901,166)
17,251
Income tax (expense)/credit
9(a)
(13,669)
9,026
Net (loss)/profit
(914,835)
26,277
(Loss)/profit attributable to:
Equity holders of the Company
(569,958)
20,893
Non-controlling interests
(344,877)
5,384
(914,835)
26,277
Earnings per share attributable to equity holders
of the Company
(expressed in cents per share)
- Basic earnings per share
10(a)
(25.45)
0.93
- Diluted earnings per share
10(b)
(25.45)
0.93
