AWB Limited - 2004 Annual Report

STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 30 SEPTEMBER 2004
Consolidated
AWB Limited
2004 2003 2004 2003
Notes $'000 $'000 $'000 $'000
Revenue from ordinary activities 2 5,344,645 2,211,890 210,017 212,399
Cost of sales (4,612,139) (1,889,225) (5,085) (6,029)
Borrowing costs 3 (113,891) (70,505) (2,762) (1,250)
Other expenses from ordinary activities (480,632) (195,350) (156,131) (139,589)
Share of net profits of associates accounted for using the
equity method 9(b) 9,070 2,097 – –
Profit from ordinary activities before income tax expense 147,053 58,907 46,039 65,531
Income tax expense relating to ordinary activities 4(a) (49,402) (14,757) (5,084) (4,234)
Net profit from ordinary activities after income tax expense 23 97,651 44,150 40,955 61,297
Net profit attributable to outside equity interests 20 (789) (259) – –
Net profit attributable to members of AWB Limited 19(b) 96,862 43,891 40,955 61,297
Net exchange differences relating to self sustaining
foreign operations 19(a) (3,241) (12,975) – –
Total changes in equity other than those resulting from
transactions with owners as owners attributable to members
of AWB Limited 21 93,621 30,916 40,955 61,297
Basic earnings per share (cents) 34 28.8 15.9
Diluted earnings per share (cents) 34 28.8 15.9
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