BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
ConsolidatedStatement
of Comprehensive Income
75
Group
Note
2013
2012
$
$
Revenue
5
83,299,070 98,244,113
Cost of goods sold
(59,531,275) (73,160,150)
Gross profit
23,767,795 25,083,963
Other items of income
Recognition of deferred gain on disposal of subsidiary
25
– 58,237,148
Other operating income
6
10,932,326 11,721,139
Other items of expenses
Administrative expenses
(7,812,766)
(9,708,158)
Finance costs
(7,670)
(121,913)
Other operating expenses
7
(304,660)
(999,821)
Share of results of associates
(495,000)
586,800
Profit before tax
8
26,080,025 84,799,158
Income tax expense
9
(3,707,194)
(3,208,000)
Profit for the year attributable toowners of theCompany
22,372,831 81,591,158
Other comprehensive income, net of tax
Reversal on fair value changes of available-for-sale investment
– 7,500,000
Total comprehensive income for the year attributable to
owners of theCompany
22,372,831 89,091,158
Earnings per share
10
Basic (in cents)
2.7
11.5
Diluted (in cents)
2.4
8.3
for the financial year ended 31December 2013
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
