GCS ANNUAL REPORT 2014

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2014
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
Continuing operations
Revenue from hire of equipment, provision of labour and contracting services 143,786 184,426
Sale of goods 16,342 15,885
5(a) 160,128 200,311
Other income 5(b) 1,175 1,418
Raw materials, consumables and services (37,036) (47,978)
Personnel expenses (74,459) (87,190)
Other expenses (14,080) (11,730)
Occupancy (7,013) (6,169)
Repairs and maintenance (1,273) (1,602)
Depreciation expense 5(d) (11,526) (16,254)
Amortisation expense 5(d) (479) (1,069)
Finance costs (6,048) (7,504)
Share of profit of equity accounted investees (net of tax) 11 1,702 656
Profit before income tax expense 11,091 22,889
Income tax expense 6 (2,926) (7,549)
Profit after income tax for the year 8,165 15,340
Note
2014
$’000
2013
$’000
Other comprehensive income for the year, net of income tax - -
Total comprehensive income for the year 8,165 15,340
Profit and total comprehensive income for the year attributable to
Owners of the Company 8,165 15,340
Earnings per share for profit attributable to owners of the Company
Basic earnings per share 23 4.8 cents 9.7 cents
Diluted earnings per share 23 4.8 cents 9.6 cents
The above statement should be read in conjunction with the notes to the financial statements.
58 GLOBAL CONSTRUCTION SERVICES LIMITED ANNUAL REPORT 2014