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Change - S P Setia Berhad

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73<br />

S P <strong>Setia</strong> <strong>Berhad</strong> Group<br />

CONSOLIDATED<br />

INCOME STATEMENT<br />

FOR THE YEAR ENDED 31 OCTOBER 2008<br />

Note 2008 2007<br />

RM’000<br />

RM’000<br />

Revenue 34 1,328,325 1,153,803<br />

Cost of sales 35 (976,853) (776,807)<br />

Gross profit 351,472 376,996<br />

Other operating income 13,031 9,619<br />

Selling and marketing expenses (32,016) (29,352)<br />

Administrative and general expenses (93,534) (74,576)<br />

Profit from operations 36 238,953 282,687<br />

Net profit from investing activities<br />

– gross dividend from unquoted preference shares in an associated company – 5,086<br />

– others 37 43,876 17,636<br />

Share of net profits less losses of associated companies 15,162 24,355<br />

Finance costs 38 (6,976) (1,273)<br />

Profit before taxation 291,015 328,491<br />

Tax expense 39 (77,560) (68,423)<br />

Profit for the year 213,455 260,068<br />

Attributable to:<br />

Shareholders of the Company 213,456 260,070<br />

Minority interests (1) (2)<br />

213,455 260,068<br />

Basic earnings per share (sen) 40 21.0 25.8<br />

Diluted earnings per share (sen) 40 – 25.8<br />

Dividend per share (net of tax) (sen) 12.7 18.4<br />

Notes to and forming part of the financial statements are set out on pages 82 to 144<br />

Auditors’ Report – Pages 69 to 70

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