AWB Limited - 2003 Annual Report

STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 30 SEPTEMBER 2003
Consolidated
AWB Limited
2003 2002 2003 2002
Notes $'000 $'000 $'000 $'000
Revenue from ordinary activities 2 2,211,890 2,319,550 212,399 425,042
Cost of sales (1,889,225) (1,926,340) (6,029) (197,441)
Borrowing costs 3 (70,505) (98,559) (1,250) (4,886)
Other expenses from ordinary activities (195,350) (142,472) (139,589) (132,796)
Share of net profits of associates accounted for using
the equity method 9(b) 2,097 993 – –
Profit from ordinary activities before income tax expense 58,907 153,172 65,531 89,919
Income tax expense relating to ordinary activities 4(a) (14,757) (45,343) (4,234) (11,967)
Net profit from ordinary activities after income tax expense 23 44,150 107,829 61,297 77,952
Net profit attributable to outside equity interests 20 (259) (637) – –
Net profit attributable to members of AWB Limited 19(b) 43,891 107,192 61,297 77,952
Net exchange differences relating to self sustaining
foreign operations 19(a) (12,975) (336) – –
Total changes in equity other than those resulting
from transactions with owners as owners attributable
to members of AWB Limited 21 30,916 106,856 61,297 77,952
Basic earnings per share (cents) 35 15.9 39.2
Diluted earnings per share (cents) 35 15.9 39.2
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