annual report - Harvey Norman Company Reports & Announcements

INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE 2012
C O N S O L I D A T E D
NOTE 2012 2011
$000 $000
Sales revenue 2 1,407,342 1,556,384
Cost of sales (1,025,359) (1,129,517)
Gross profit
381,983
426,867
Revenues and other income items 2 1,061,233 1,122,459
Distribution expenses (10,869) (8,591)
Marketing expenses (355,456) (373,314)
Occupancy expenses (242,986) (217,637)
Administrative expenses (404,228) (447,951)
Other expenses from ordinary activities (164,050) (102,960)
Finance costs 3 (49,455) (42,984)
Share of equity accounted entities:
- Share of net profit of joint venture entities (a)
- Share of joint venture property revaluation (a)
Profit before income tax
Income tax expense
Profit after tax
Attributable to:
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4(a)
13,742
(2,505)
227,409
(51,094)
176,315
17,888
158
373,935
(114,315)
259,620
Owners of the parent 172,471 252,255
Non-controlling interests 3,844 7,365
Earnings Per Share:
176,315
259,620
Basic earnings per share (cents per share) 26 16.24 cents 23.75 cents
Diluted earnings per share (cents per share) 26 16.24 cents 23.75 cents
Dividends per share (cents per share) 9.0 cents 12.0 cents
(a) The total share of net profit of joint venture entities, including the share of joint venture property revaluation, was
$11.24 million before tax for the year ended 30 June 2012 (June 2011: $18.05 million before tax).
The above Income Statement should be read in conjunction with the accompanying notes.
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