KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
ANNUAL REPORT 2014
55
CONSOLIDATED
STATEMENT OF
COMPREHENSIVE INCOME
Year ended 31 December 2014
The accompanying notes form an integral part of these financial statements.
Group
Note 2014
2013
$’000
$’000
Revenue
17 77,978
84,813
Cost of sales
(51,014)
(48,359)
Gross profit
26,964
36,454
Other income
18
2,448
842
Distribution expenses
(1,985)
(1,601)
Administrative expenses
(16,617)
(16,258)
Other expenses
(4,574)
1,631
Results from operating activities
6,236
21,068
Finance costs
19
(422)
(722)
Profit before tax
20
5,814
20,346
Tax expense
21
(197)
(3,253)
Profit for the year
5,617
17,093
Other comprehensive income
Items that are or may be reclassified subsequently
to profit or loss:
Translation differences relating to financial statements of foreign
operations
209
49
Total comprehensive income for the year
5,826
17,142
Earnings per share
Basic and diluted earnings per share (cents)
22
0.8
3.1
