77
PETRA FOODS LIMITED
ANNUAL REPORT 2015
The Group
Note
2015
2014
US$’000
US$’000
Revenue
4
405,862
503,977
Cost of sales
(285,052)
(343,223)
Gross profit
120,810
160,754
Other operating income
4
4,906
3,557
Expenses
Selling and distribution costs
(72,641)
(68,206)
Administrative expenses
(19,330)
(19,974)
Finance costs
6
(4,219)
(3,121)
Other operating expenses
(2,138)
(1,923)
Exceptional items
10
(20,066)
(1,517)
Share of profit of associated companies
18(a)
64
501
Profit before income tax
7,386
70,071
Income tax expense
8
(12,126)
(21,340)
Total (loss)/profit
(4,740)
48,731
(Loss)/profit attributable to:
Equity holders of the Company
(4,726)
48,783
Non-controlling interest
(14)
(52)
(4,740)
48,731
(Losses)/earnings per ordinary share
(1)
(expressed in US cents per share)
Basic and Diluted
11
(0.77)
7.98
Note:
(1)
Diluted earnings per share for financial years 2015 and 2014 are the same as basic earnings per share as there were no potentially dilutive ordinary
shares.
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
CONSOL I DAT ED I NCOME S TAT EMENT
The accompanying notes form an integral part of these financial statements.
