annual report 2012 - Pumpkin Patch investor relations

pumpkin patch limited & subsidiaries financial statements for the year ended 31 july 2012pumpkin patch limited & subsidiaries statements OF COMPREHENSIVE INCOME for the year ended 31 july 2012INCOME STATEMENTS For the year ended 31 July 2012Consolidated - Year ended Parent - Year ended31 July 2012 31 July 2011 31 July 2012 31 July 2011Notes $’000 $’000 $’000 $’000Sales revenue 300,609 291,520 - -Cost of goods sold (137,144) (113,844) - -Gross profit 163,465 177,676 - -Other operating income 177 192 29,886 110,941Expenses 3Selling expenses (123,673) (128,930) - -Finance expenses (3,765) (3,856) (2,062) (5,479)Administrative and general expenses (21,916) (22,872) (37,236) (43,615)Profit from continuing operations before14,288 22,210 (9,412) 61,847non‐recurring items and income taxNon‐recurring items 4 - (2,120) - (56,153)Profit/(loss) from continuing operations14,288 20,090 (9,412) 5,694before income taxIncome tax (expense)/credit 6 (3,871) (3,939) 1,663 122Net profit from continuing operations 10,417 16,151 (7,749) 5,816(Loss) from discontinuing operations (net of tax) 4 (37,944) (18,027) - -(Loss)/profit for the year (27,527) (1,876) (7,749) 5,816STATEMENTS OF COMPREHENSIVE INCOME For the year ended 31 July 2012Consolidated - Year ended Parent - Year ended31 July 2012 31 July 2011 31 July 2012 31 July 2011Notes $’000 $’000 $’000 $’000(Loss)/profit for the year (27,527) (1,876) (7,749) 5,816Other comprehensive incomeExchange differences on translation of foreign 20 1,516 (6,825) - -operationsNet movement on cash flow hedges 29,368 (29,274) - -Mark to market (losses) on foreign currency- (9,079) - -portfolio restructureIncome tax relating to components of other(8,335) 11,012 - -comprehensive incomeOther comprehensive income for the year, net22,549 (34,166) - -of taxTotal comprehensive income for the year, net(4,978) (36,042) (7,749) 5,816of taxTotal comprehensive income for the year isattributable to:Equity holders of Pumpkin Patch Limited (4,978) (36,042) (7,749) 5,816(4,978) (36,042) (7,749) 5,816The above statements of comprehensive income should be read in conjunction with the accompanying notes.Earnings per share for profit attributableto shareholders: Cents CentsBasic earnings per share 22 (16.4) (1.1)Diluted earnings per share 22 (16.4) (1.1)Attributable to continuing operations:Basic earnings per share 22 6.2 9.7Diluted earnings per share 22 6.2 9.6Attributable to discontinuing operations:Basic earnings per share 22 (22.6) (10.8)Diluted earnings per share 22 (22.6) (10.8)The above income statements should be read in conjunction with the accompanying notes.Jane FreemanDavid JacksonChairpersonDirector27 September 2012 27 September 201243