FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 162 FINANCIAL REPORT STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 Group Company Note 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 Continuing operations Revenue 6 17,241,275 15,558,769 354,958 674,884 Cost of sales (15,671,481) (13,612,650) (79,451) (79,415) Gross profit 1,569,794 1,946,119 275,507 595,469 Other operating income 7 136,108 182,849 2,303 6,456 Selling and distribution costs (308,790) (302,161) - - Administrative expenses (933,014) (1,064,388) (136,169) (208,600) Other operating expenses 8 (15,852) (48,378) (80,156) (4,164) Other losses, net 9 (70,448) (192,812) - - Operating profit 377,798 521,229 61,485 389,161 Finance income 10 56,793 47,237 - - Finance costs 10 (181,814) (174,972) (107,547) (104,658) Share of results from associates 23 29,767 19,036 - - Share of results from joint ventures 24 (19,478) 40,022 - - Profit/(loss) before zakat and taxation 263,066 452,552 (46,062) 284,503 Zakat 13 (17,765) (23,900) - - Taxation 14 (176,078) (136,171) (24,873) (1,499) Profit/(loss) for the financial year from continuing operations 69,223 292,481 (70,935) 283,004 Discontinued operations (Loss)/profit from discontinued operations 15 (2,764) 74,643 - - Profit/(loss) for the financial year 11 66,459 367,124 (70,935) 283,004