Page 54 - cosmosteel

ACHIEVING THE RIGHT BALANCE COSMOSTEEL ANNUAL REPORT 2013 52
Group
Notes 2013 2012
$’000 $’000
Revenue 5 155,712 155,024
Cost of Sales (126,514) (121,850)
Gross Profit 29,198 33,174
Other Items of Income
Interest Income 25 22
Other Credits 6 211 1,510
Other Items of Expense
Marketing and Distribution Costs (10,070) (9,329)
Administrative Expenses 7 (9,977) (10,441)
Finance Costs 8 (1,356) (1,395)
Other Charges 6 (770) (114)
Profit Before Tax from Continuing Operations 7,261 13,427
Income Tax Expense 10 (897) (2,371)
Profit from Continuing Operations, Net of Tax 6,364 11,056
Other Comprehensive Income
Gains on Property Revaluation, Net of Tax 22 2,782 1,713
Available-For-Sale Financial Assets, Net of Tax 22 (6) 6
Exchange Differences on Translating Foreign Operations,
Net of Tax 22 77 6
Other Comprehensive Income for the Year, Net of Tax 2,853 1,725
Total Comprehensive Income for the Year 9,217 12,781
Earnings Per Share
Earnings per Share Currency Unit Cents Cents
Basic and Diluted
Continuing Operations 11 2.41 4.19
The accompanying notes form an integral part of these financial statements.
consol idated statement
of prof i t or loss and other comprehens i ve income
Year Ended 30 September 2013